SHARPE
Reported results
- Revenue was $9.45 billion, an increase of 5% sequentially and 6% year on year.
- Diluted EPS - GAAP basis was $0.49, down 6% sequentially and 2% year on year.
- Diluted EPS, excluding charges & credits (non-GAAP) was $0.64, an increase of 16% sequentially and down 7% year on year.
- Net income attributable to SLB - GAAP basis was $735 million, decreasing 6% sequentially and 1% year on year.
- Non-GAAP Adjusted EBITDA was $2.07 billion, up 9% sequentially and essentially flat year on year.
- Cash flow from operations was $1.51 billion and non-GAAP free cash flow was $828 million.
Guidance
- Capital investment (consisting of capex, exploration data costs and APS investments) for the full-year 2026 is expected to be approximately $2.5 billion.
Price and volatility reaction
The stock moved +7.1% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -0.6 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 49.55 | 2026-10-22 |
| Close after release | 53.06 | 2026-10-23 |
| Realised move | +7.1% | close to close |
| 30d ATM IV change | -0.6 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-23 (8-K, Item 2.02). Read the original filing on sec.gov.