SLB reports lower 1Q:25 revenues, eyes returning 50% of FCF to shareholders

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 25.Apr.2025) — SLB reported revenue of $8.49bn in the first-quarter 2025 (1Q:25) and net income attributable to the company of $797mn. Year-over-year, the results were down 3% and 25%, respectively.

“First-quarter adjusted EBITDA margin was slightly up year on year despite softer revenue as we continued to navigate the evolving market dynamics,” SLB CEO Olivier Le Peuch announced in the company’s 1Q:25 financial press release.