SLB LIMITED/NV FY 2025 10-K, explained in plain English

Key financials — as reported

Total revenue	$35.7B
Gross margin	— not reported
Operating income	— not reported
Net income	$3.4B
Diluted EPS	$2.35
Cash & equivalents	— not reported
Total assets	$54.9B
Long-term debt	$9.7B

Key takeaway

SLB reported $35.7 billion in revenue and $3.37 billion in net income for fiscal 2025, with diluted EPS of $2.35.

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Beneath the surface

Cash of just $3.0 billion against $9.7 billion of long-term debt (and a $9.4 billion fair value) implies a substantial net debt position, not evident from the long-term debt figure alone.

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