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Side-by-side financial comparison of Schlumberger (SLB) and XP Inc. (XP). Click either name above to swap in a different company.

XP Inc. is the larger business by last-quarter revenue ($13.5B vs $8.7B, roughly 1.5× Schlumberger). Schlumberger runs the higher net margin — 8.6% vs 0.0%, a 8.6% gap on every dollar of revenue.

SLB, formerly known as Schlumberger, is an American multinational oilfield services company. Founded in France in 1926, the company is now incorporated as SLB N.V. in Willemstad, Curaçao, with principal executive offices in four cities: Paris, France; Houston, Texas, United States; London, UK; and The Hague, Netherlands. As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.

XP Inc. is a Brazilian investment management company. The company offers fixed income, equities, investment funds, and private pension products, as well as offers wealth management and other financial services. XP serves customers in Brazil and has offices in São Paulo, Rio de Janeiro, New York, Miami, London and Geneva.

SLB vs XP — Head-to-Head

Bigger by revenue
XP
XP
1.5× larger
XP
$13.5B
$8.7B
SLB
Higher net margin
SLB
SLB
8.6% more per $
SLB
8.6%
0.0%
XP

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
SLB
SLB
XP
XP
Revenue
$8.7B
$13.5B
Net Profit
$752.0M
$22.0K
Gross Margin
Operating Margin
1.1%
Net Margin
8.6%
0.0%
Revenue YoY
2.7%
Net Profit YoY
-5.6%
EPS (diluted)
$0.50
$536884.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SLB
SLB
XP
XP
Q1 26
$8.7B
Q4 25
$9.7B
Q3 25
$8.9B
$13.5B
Q2 25
$8.5B
$8.8B
Q1 25
$8.5B
$4.3B
Q4 24
$9.3B
Q3 24
$9.2B
$12.6B
Q2 24
$9.1B
$8.3B
Net Profit
SLB
SLB
XP
XP
Q1 26
$752.0M
Q4 25
$824.0M
Q3 25
$739.0M
$22.0K
Q2 25
$1.0B
$22.0K
Q1 25
$797.0M
$22.0K
Q4 24
$1.1B
Q3 24
$1.2B
$21.0K
Q2 24
$1.1B
$21.0K
Operating Margin
SLB
SLB
XP
XP
Q1 26
Q4 25
9.7%
Q3 25
11.2%
1.1%
Q2 25
15.0%
1.0%
Q1 25
12.5%
1.1%
Q4 24
14.9%
Q3 24
16.5%
1.0%
Q2 24
15.5%
0.9%
Net Margin
SLB
SLB
XP
XP
Q1 26
8.6%
Q4 25
8.5%
Q3 25
8.3%
0.0%
Q2 25
11.9%
0.0%
Q1 25
9.4%
0.0%
Q4 24
11.8%
Q3 24
12.9%
0.0%
Q2 24
12.2%
0.0%
EPS (diluted)
SLB
SLB
XP
XP
Q1 26
$0.50
Q4 25
$0.53
Q3 25
$0.50
$536884.00
Q2 25
$0.74
$537811.00
Q1 25
$0.58
$539533.00
Q4 24
$0.77
Q3 24
$0.83
$550958.00
Q2 24
$0.77
$554030.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SLB
SLB
XP
XP
Cash + ST InvestmentsLiquidity on hand
$3.4B
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$27.4B
$20.0B
Total Assets
$19.3B
$347.5B
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLB
SLB
XP
XP
Q1 26
$3.4B
Q4 25
$1.2B
Q3 25
$571.0M
Q2 25
$511.0M
Q1 25
$961.0M
Q4 24
$1.1B
Q3 24
$1.4B
Q2 24
$1.1B
Total Debt
SLB
SLB
XP
XP
Q1 26
$9.7B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
SLB
SLB
XP
XP
Q1 26
$27.4B
Q4 25
$26.1B
Q3 25
$25.6B
$20.0B
Q2 25
$20.3B
$20.0B
Q1 25
$19.5B
$20.0B
Q4 24
$21.1B
Q3 24
$21.5B
$19.5B
Q2 24
$21.1B
$19.5B
Total Assets
SLB
SLB
XP
XP
Q1 26
$19.3B
Q4 25
$54.9B
Q3 25
$55.1B
$347.5B
Q2 25
$48.8B
$347.5B
Q1 25
$49.0B
$347.5B
Q4 24
$48.9B
Q3 24
$49.8B
$249.0B
Q2 24
$49.4B
$249.0B
Debt / Equity
SLB
SLB
XP
XP
Q1 26
0.35×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SLB
SLB
XP
XP
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$103.0M
FCF MarginFCF / Revenue
1.2%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$4.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLB
SLB
XP
XP
Q1 26
Q4 25
$3.0B
Q3 25
$1.7B
Q2 25
$1.1B
Q1 25
$660.0M
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$1.4B
Free Cash Flow
SLB
SLB
XP
XP
Q1 26
$103.0M
Q4 25
$2.5B
Q3 25
$1.3B
Q2 25
$771.0M
Q1 25
$262.0M
Q4 24
$1.8B
Q3 24
$2.0B
Q2 24
$973.0M
FCF Margin
SLB
SLB
XP
XP
Q1 26
1.2%
Q4 25
25.5%
Q3 25
14.3%
Q2 25
9.0%
Q1 25
3.1%
Q4 24
19.2%
Q3 24
21.7%
Q2 24
10.6%
Capex Intensity
SLB
SLB
XP
XP
Q1 26
Q4 25
5.3%
Q3 25
4.6%
Q2 25
4.3%
Q1 25
4.7%
Q4 24
6.6%
Q3 24
5.0%
Q2 24
5.1%
Cash Conversion
SLB
SLB
XP
XP
Q1 26
Q4 25
3.65×
Q3 25
2.28×
Q2 25
1.13×
Q1 25
0.83×
Q4 24
2.18×
Q3 24
2.06×
Q2 24
1.29×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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