SLB N.V. (SLB) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth was modest, while the year-over-year gain was more pronounced.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth was modest, while the year-over-year gain was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.3B
Revenue reported for this quarter.
Quarter-over-quarter
+1.4%
Change from the immediately preceding quarter.
Year-over-year
+3.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$36.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $8.7B | +12.6% |
| Jun 30, 2024 | $9.1B | +12.8% |
| Sep 30, 2024 | $9.2B | +10.2% |
| Dec 31, 2024 | $9.3B | +3.3% |
Revenue performance
Reported revenue rose from the immediately preceding quarter, continuing an upward trend seen throughout the year. The year-over-year comparison also showed an increase, though the pace of growth moderated relative to earlier quarters.
Quarterly comparison
Compared to the prior quarter, revenue improved slightly. Versus the same quarter a year ago, revenue was higher, reflecting sustained demand.
What to watch
Monitor whether the deceleration in year-over-year growth rates signals a plateau in revenue momentum.