• Transcript from SLB’s Q2 2026 earnings call hosted from London, attended by CEO Olivier Le Peuch and CFO Stephane Biguet.
• Q3 outlook: global sequential revenue growth of 3%-4% with about 75 bps adjusted EBITDA margin expansion; downside scenario cuts revenue by $150 million.
• Preliminary Q4 view: Middle East revenue of $2.1 billion-$2.2 billion; total revenue expected to surpass $10 billion with adjusted EBITDA margin near 24%.
• Q2 results: revenue $9 billion; Middle East revenue $1.66 billion, down 13% sequentially; adjusted EPS $0.55 excluding charges and credits.
• Data Center Solutions growth: revenue up 33% sequentially, 80% year over year; forecast exit-2027 annualized run rate above $2 billion, backlog already supports target.

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