SLB Says Data Center Unit Is on Track to Top $2B Run Rate at 2027 Exit

SLB said its Data Center Solutions business remains on track to exceed a $2 billion annualized revenue run rate as 2027 ends, reiterating a goal the company first set in July. SLB CEO Olivier Le Peuch said on the company’s Oct. 23 earnings call that the unit was “very well on track to surpass $2 billion in exit rate for 2027.” The July target specified an annualized revenue run rate as SLB exits 2027. Data Center Solutions generated $230 million for the quarter ended Sept. 30, up 23% from the second quarter and 76% from the third quarter of 2025.

Source: TokenPost