SLB Ltd

SLB: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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SLB Earnings: Strong Digital and Productivity Results Confirm Our Fundamental Thesis

Joshua Aguilar

Jan 23, 2026

SLB's fourth-quarter top line of $9.75 billion surpassed our expectations, though earnings were in line. Results were buoyed by the digital and production systems businesses, whose pretax earnings respectively rose 50% and 19% sequentially.

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SLB Ltd

SLB Earnings: Strong Digital and Productivity Results Confirm Our Fundamental Thesis

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