SLB Reports Strong Q4 2025 Results, Increases Dividend, and Plans $4 Billion Shareholder Return in 2026
SLB reported fourth-quarter 2025 revenue of $9.75 billion, marking a 9% sequential increase, with a full quarter of revenue from ChampionX contributing $879 million. The company generated $6.49 billion in cash flow from operations and $4.11 billion in free cash flow for the full year, enabling a $4 billion return to shareholders in 2026.
SLB announced a 3.5% dividend increase to $0.295 per share, effective April 2, 2026. The year saw revenue growth in North America and international markets, despite challenges such as lower commodity prices and geopolitical uncertainties.
Digital revenue grew by 9% year-over-year, and Data Center Solutions expanded by 121%. Significant contracts were awarded in Saudi Arabia, the Gulf of America, Ghana, Kuwait, and Malaysia, reinforcing SLB's operational capabilities in key regions. SLB anticipates improved rig activity in the Middle East and continued growth in digital and data center services in 2026.
