---
title: "SLB releases transcript of Q2 2026 earnings call"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293770123.md"
description: "SLB reported Q2 2026 revenue of $9 billion, up 3% sequentially. Data Center Solutions surged 33%. The company targets 3%-4% Q3 revenue growth with margin expansion, assuming Middle East recovery. A downside scenario involving flat Middle East revenue would reduce Q3 revenue by ~$150 million. Management expects Data Center Solutions to exceed a $2 billion annualized run rate by late 2027."
datetime: "2026-07-24T14:28:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293770123.md)
  - [en](https://longbridge.com/en/news/293770123.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293770123.md)
generator: "portal-rs"
---

# SLB releases transcript of Q2 2026 earnings call

-   SLB published prepared remarks from its second-quarter 2026 earnings call hosted from London, attended by CEO Olivier Le Peuch and CFO Stephane Biguet. \* Second-quarter revenue totaled USD 9 billion, up 3% sequentially, despite Middle East revenue falling 13% to USD 1.66 billion. \* Third-quarter base case targets 3%-4% sequential revenue growth, about 75 basis points of adjusted EBITDA margin expansion, assuming gradual Middle East recovery. \* Downside scenario models flat Middle East revenue, cutting third-quarter revenue by about USD 150 million, creating about a USD 75 million adjusted EBITDA headwind. \* Data Center Solutions revenue rose 33% sequentially; management expects it to exit 2027 above a USD 2 billion annualized revenue run rate. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schlumberger Ltd. published the original content used to generate this news brief on July 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

### Related Stocks

- [SLB.US](https://longbridge.com/en/quote/SLB.US.md)

## Related News & Research

- [SLB: Acquisition expands integrated data center solutions, targeting $5B revenue by 2028](https://longbridge.com/en/news/297508038.md)
- [Humain And SLB Are Collaborating To Advance Industrial AI For Energy Sector](https://longbridge.com/en/news/297776530.md)
- [SLB Pays 11 Times EBITDA to Enter the Cooling Rack](https://longbridge.com/en/news/297587353.md)
- [SLB Eyes Rapid Data Center Growth Through $3.4 Billion Kelvion Deal](https://longbridge.com/en/news/297548608.md)
- [SLB outlines Kelvion acquisition, highlighting data center cooling expansion and $120 million EBITDA synergies target](https://longbridge.com/en/news/297538010.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**