SLB N.V. Reports Q4 2025: 9% Revenue Growth and $1 Billion Digital Revenue
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Source: seekingalpha
- Significant Revenue Growth: SLB reported $9.7 billion in revenue for Q4 2025, reflecting a 9% sequential increase, with North America achieving mid-teens growth, indicating strong performance in key markets.
- Digital Revenue Milestone: The digital business surpassed $1 billion in annual revenue, growing 15% year-on-year, which not only highlights the success of the company's digital transformation but also sets a solid foundation for sustained future growth.
- Strong Cash Flow: The company generated $3 billion in operating cash flow and $2.3 billion in free cash flow during the fourth quarter, totaling $4.1 billion in free cash flow for the year, demonstrating robust financial health and shareholder return capabilities.
- Optimistic Outlook: Management anticipates 2026 revenue between $36.9 billion and $37.7 billion, emphasizing that international market recovery and digital business expansion will drive future growth while maintaining flexibility in capital expenditures to adapt to market changes.
Analyst Views on SLB
Wall Street analysts forecast SLB stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SLB is 48.71 USD with a low forecast of 43.00 USD and a high forecast of 55.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
16 Buy
0 Hold
0 Sell
Strong Buy
Current: 49.320
Low
43.00
Averages
48.71
High
55.00
Current: 49.320
Low
43.00
Averages
48.71
High
55.00
About SLB
SLB N.V. is a global technology company. The Company’s segments include Digital, Reservoir Performance, Well Construction, Production Systems, and All Other. Digital segment includes products, services, and solutions that span the energy value chain from subsurface characterization through field development and hydrocarbon production to carbon management and the integration of adjacent energy systems. Reservoir Performance segment consists of reservoir-centric technologies and services that are critical to optimizing reservoir productivity and performance. Well Construction segment provides operators and drilling rig manufacturers with services and products related to the design and construction of a well. Production Systems segment develops technologies and provides expertise that enhances production and recovery from subsurface reservoirs to the surface, into pipelines, and to refineries. All Other segment includes asset performance solutions, data center solutions and SLB Capturi.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
