Common-Size Income Statement
Quarterly Data
Paying user area
Try for free
SLB N.V. pages available for free this week:
- Statement of Comprehensive Income
- Enterprise Value to EBITDA (EV/EBITDA)
- Enterprise Value to FCFF (EV/FCFF)
- Capital Asset Pricing Model (CAPM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Return on Assets (ROA) since 2005
- Debt to Equity since 2005
- Price to Earnings (P/E) since 2005
- Price to Book Value (P/BV) since 2005
- Analysis of Debt
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to SLB N.V. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
SLB N.V., common-size consolidated income statement (quarterly data)
Based on: 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).
The financial performance over the analyzed period reveals a significant strategic shift in revenue composition and a cyclical pattern in profitability margins. A notable transition is observed in the revenue mix, where the reliance on services decreased while the contribution from product sales increased substantially toward the end of the period.
- Revenue Composition
- A long-term transition in the revenue stream is evident. Services, which represented 66.67% of revenue in March 2021 and peaked at 70.82% in March 2022, declined to 56.40% by March 2026. Conversely, product sales rose from 33.33% to 43.60% over the same timeframe, indicating a structural pivot toward product-based revenue.
- Gross Profitability
- Gross margins exhibited an upward trajectory from 13.77% in March 2021, reaching a peak of 21.12% in December 2023. However, a subsequent decline occurred, with margins retreating to 15.26% by March 2026. This compression in the latter period correlates with a sharp increase in the cost of sales, which rose from -28.20% at the start of the period to -38.31% by the end, reflecting the higher cost associated with the increased product sales mix.
- Operating Efficiency and Expenses
- Operating income followed a similar arc to gross margin, rising from 9.63% to a peak of 17.46% in September 2023 before declining to 11.80% in March 2026. Research and engineering expenses remained relatively stable, fluctuating narrowly between 1.88% and 2.58% of revenue. General and administrative expenses showed a gradual improvement in efficiency, declining from 1.55% to 1.11%.
- Non-Recurring and Integration Costs
- The later stages of the period were characterized by the emergence of non-recurring expenses. Merger and integration costs became a persistent factor starting in December 2023, peaking at 1.60% in September 2025. Restructuring charges appeared in June 2024, reaching a high of 2.40% in December 2024. Additionally, a significant impairment charge of 3.40% was recorded in December 2025, which contributed to the erosion of bottom-line profitability in the final year.
- Net Income Trends
- Net income attributable to the parent company showed significant volatility, starting at 5.72% and peaking at 14.16% in June 2022. While profitability remained strong through 2023, it experienced a downward trend in 2024 and 2025, ending at 8.62% in March 2026. This decline was driven by the combination of narrowing gross margins, restructuring costs, and the one-time impairment charge.