SLB (NYSE: SLB) reported third-quarter 2026 revenue of $9.45 billion, up 5% sequentially and 6% from a year earlier. GAAP net income attributable to SLB was $735 million, while diluted GAAP EPS was $0.49.
International revenue increased 5% sequentially and North America revenue rose 7%. Production Systems revenue grew 6% sequentially to $4.00 billion.
- Revenue was $9.449 billion, compared with $8.972 billion in the second quarter of 2026.
- Net income attributable to SLB decreased 6% sequentially and 1% year over year.
- Cash flow from operations totaled $1.51 billion, and free cash flow was $828 million.
- SLB repurchased 12.9 million shares for $656 million during the quarter.
- The board approved a quarterly cash dividend of $0.295 per share, payable January 7, 2027.
- SLB agreed to acquire Kelvion for about $3.4 billion in cash and assume about $0.7 billion of debt; closing is expected in the first half of 2027.
$SLB Insider Trading Activity
$SLB insiders have traded $SLB stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $SLB stock by insiders over the last 6 months:
- PEUCH OLIVIER LE (Chief Executive Officer) has made 0 purchases and 6 sales selling 120,000 shares for an estimated $6,825,500.
- STEVE MATTHEW GASSEN (EVP, Geographies) has made 0 purchases and 2 sales selling 53,379 shares for an estimated $2,998,766.
- LA CHEVARDIERE PATRICK DE sold 2,000 shares for an estimated $108,660
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SLB Hedge Fund Activity
We have seen 740 institutional investors add shares of $SLB stock to their portfolio, and 823 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 48,266,346 shares (+inf%) to their portfolio in Q2 2026, for an estimated $2,243,902,425
- BLACKROCK, INC. removed 16,071,804 shares (-12.2%) from their portfolio in Q2 2026, for an estimated $747,178,167
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 9,977,804 shares (+6358.2%) to their portfolio in Q2 2026, for an estimated $463,868,107
- PRICE T ROWE ASSOCIATES INC /MD/ added 7,591,014 shares (+14.1%) to their portfolio in Q2 2026, for an estimated $352,906,240
- JPMORGAN CHASE & CO added 7,397,890 shares (+inf%) to their portfolio in Q2 2026, for an estimated $343,927,906
- FMR LLC added 5,517,133 shares (+25.0%) to their portfolio in Q2 2026, for an estimated $256,491,513
- MARSHALL WACE, LLP removed 5,428,683 shares (-91.6%) from their portfolio in Q2 2026, for an estimated $252,379,472
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
