SLB N.V. (SLB) Revenue — Quarter Ended Mar 31, 2025
Revenue declined in the current quarter compared to both the prior quarter and the same quarter last year. The decrease reflects lower services revenue, partially offset by higher product sales.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue declined in the current quarter compared to both the prior quarter and the same quarter last year. The decrease reflects lower services revenue, partially offset by higher product sales.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.5B
Revenue reported for this quarter.
Quarter-over-quarter
-8.6%
Change from the immediately preceding quarter.
Year-over-year
-2.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$36.1B
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 |
|---|---|---|
| Jun 30, 2024 | $9.1B | +12.8% |
| Sep 30, 2024 | $9.2B | +10.2% |
| Dec 31, 2024 | $9.3B | +3.3% |
| Mar 31, 2025 | $8.5B | -2.5% |
Revenue performance
Total revenue fell from the immediately preceding quarter, continuing a reversal from the growth trend seen in earlier periods of the prior fiscal year.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was lower, with services revenue declining while product sales increased. The sequential decline from the prior quarter was steeper than the year-over-year decline.
What to watch
Monitor whether the decline in services revenue persists in upcoming quarters.