Stock Analysis on Net
Stock Analysis on Net

SLB N.V. (NYSE:SLB)

Balance Sheet: Assets 
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

SLB N.V., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Jun 30, 2026 Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Cash 2,743 2,819 3,036 3,014 3,236 2,936 3,544 3,086 2,953 2,788 2,900 2,488 1,930 1,501 1,655 2,180 1,893 1,600 1,757 1,569 1,439 1,268
Short-term investments 1,328 568 1,176 571 511 961 1,125 1,376 1,050 703 1,089 1,247 1,264 1,003 1,239 1,429 923 1,049 1,382 1,373 1,243 1,642
Receivables less allowance for doubtful accounts 9,132 9,037 8,689 9,101 8,586 8,604 8,011 8,260 8,605 8,222 7,812 8,049 7,675 7,578 7,032 6,650 6,247 5,713 5,315 5,349 5,347 5,269
Inventories 5,436 5,274 5,032 5,321 4,740 4,650 4,375 4,573 4,504 4,549 4,387 4,305 4,360 4,286 3,999 4,143 3,968 3,719 3,272 3,296 3,267 3,303
Other current assets 1,605 1,637 1,580 1,461 1,380 1,444 1,515 1,506 1,405 1,438 1,530 949 925 1,032 1,078 1,209 1,285 1,172 928 800 781 1,325
Current assets 20,244 19,335 19,513 19,468 18,453 18,595 18,570 18,801 18,517 17,700 17,718 17,038 16,154 15,400 15,003 15,611 14,316 13,253 12,654 12,387 12,077 12,807
Investments in affiliated companies 1,691 1,784 1,783 1,691 1,676 1,641 1,635 1,744 1,678 1,606 1,624 1,622 1,601 1,554 1,581 1,762 1,767 1,955 2,044 2,110 2,035 2,090
Fixed assets less accumulated depreciation 7,745 7,747 7,894 7,999 7,399 7,399 7,359 7,360 7,335 7,253 7,240 6,875 6,804 6,691 6,607 6,407 6,386 6,354 6,429 6,375 6,473 6,620
Goodwill 17,001 16,852 16,794 17,007 14,658 14,637 14,593 14,559 14,530 14,086 14,084 13,111 13,117 13,113 12,982 12,990 13,009 12,978 12,990 12,990 12,987 12,978
Intangible assets 4,876 4,901 4,988 5,089 2,893 2,963 3,012 3,122 3,198 3,167 3,239 2,912 2,968 3,021 2,992 3,043 3,102 3,158 3,211 3,265 3,311 3,397
Other assets 3,975 3,907 3,896 3,839 3,690 3,767 3,766 4,189 4,115 4,044 4,052 4,255 4,182 4,076 3,970 4,280 4,247 4,269 4,183 3,911 4,025 4,144
Noncurrent assets 35,288 35,191 35,355 35,625 30,316 30,407 30,365 30,974 30,856 30,156 30,239 28,775 28,672 28,455 28,132 28,482 28,511 28,714 28,857 28,651 28,831 29,229
Total assets 55,532 54,526 54,868 55,093 48,769 49,002 48,935 49,775 49,373 47,856 47,957 45,813 44,826 43,855 43,135 44,093 42,827 41,967 41,511 41,038 40,908 42,036

Based on: 10-Q (reporting date: 2026-06-30), 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).


Total assets exhibited a consistent upward trajectory over the analyzed period, increasing from 42,036 million USD in March 2021 to 55,532 million USD by June 2026. This expansion was characterized by a steady rise in current assets and a significant escalation in noncurrent assets during the latter portion of the timeline.

Current Asset Dynamics
Current assets grew from 12,807 million USD to 20,244 million USD. This growth was primarily driven by a substantial increase in receivables, which rose from 5,269 million USD to 9,132 million USD, and inventories, which increased from 3,303 million USD to 5,436 million USD. Cash positions strengthened significantly, rising from 1,268 million USD in March 2021 to a peak of 3,544 million USD in December 2024, before stabilizing between 2,700 million USD and 3,200 million USD in the final quarters.
Noncurrent Asset Volatility and Growth
Noncurrent assets remained relatively stable at approximately 28,000 to 30,000 million USD until September 2025, where a sharp increase to 35,625 million USD was recorded. This surge is largely attributable to a significant jump in Goodwill, which rose to 17,007 million USD, and Intangible Assets, which spiked to 5,089 million USD from 2,893 million USD in the preceding quarter. Such a pattern typically indicates a major acquisition or strategic asset revaluation.
Fixed Assets and Strategic Investments
Fixed assets less accumulated depreciation showed a gradual growth trend, moving from 6,620 million USD in March 2021 to 7,745 million USD in June 2026. In contrast, investments in affiliated companies followed a general downward trend, declining from 2,090 million USD to 1,691 million USD, suggesting a shift in capital allocation away from affiliated entities.
Liquidity Components
Short-term investments displayed high volatility, starting at 1,642 million USD and experiencing several fluctuations, including a notable dip to 511 million USD in June 2025 followed by a recovery to 1,328 million USD by June 2026. This volatility suggests active management of liquid reserves to fund operational needs or strategic investments.

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Assets: Selected Items


Current Assets: Selected Items