SLB, the global technology leader, has announced a 9% sequential revenue increase for the fourth quarter (Q4) of 2025, reaching $9.75 billion. The results reflect a 5% growth compared to Q4 2024, signaling a stabilization in global upstream activity, according to a press release by the company.

In the Middle East and Asia, the company’s revenue rose by 8% sequentially in Q4, although it recorded a 4% decline when compared to the same period in 2024. For the full fiscal year 2025, SLB’s total revenue reached $35.71 billion, a slight 2% decrease from the $36.29 billion reported in 2024.

SLB’s net income attributable to the company reached $824 million, representing a 12% sequential increase. However, on a year-on-year (YoY) basis, net income saw a 25% decrease.

“SLB concluded the year with very strong fourth-quarter results driven by Production Systems, Digital, and Reservoir Performance,” stated Olivier Le Peuch, SLB CEO.

Le Peuch attributed the performance to broad-based growth across all four geographic segments for the first time since Q2 2024. “We saw revenue growth in both North America and international markets, further supported by an additional month of ChampionX revenue. Strong year-end product and digital sales in Latin America, the Middle East & Asia, Sub-Saharan Africa, and offshore North America also contributed to this performance,” he added.

Formerly known as Schlumberger, SLB remains the world’s largest oilfield services company. Operating in more than 100 countries, the firm provides technology, integrated services, and project management across the entire oil and gas value chain, supporting both national (NOCs) and international oil companies (IOCs).