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Schlumberger Schlumberger Announces First - Quarter 2021 Results • Worldwide revenue was $ 5.2 billion . International revenue was $ 4.2 billion and North America revenue was $ 972 million EPS was $ 0.21 • Cash flow from operations was $ 429 million and free cash flow was $ 159 million • Board approved quarterly cash dividend of $ 0.125 per share HOUSTON , April 23 , 2021 - Schlumberger Limited ( NYSE : SLB ) today reported results for the first - quarter 2021 . First - Quarter Results Mar. 31 , 2021 Three Months Ended Dec. 31 , 2020 Mar. 31 , 2020 ( Stated in millions , except per share amounts ) Change Sequential Year - on - year Revenue * $ 5,223 $ 5,532 $ 7,455 -6 % -30 % Income ( loss ) before taxes - GAAP basis $ 386 $ 471 $ ( 8,089 ) -18 % n / m Net income ( loss ) - GAAP basis $ 299 $ 374 $ ( 7,376 ) -20 % n / m Diluted EPS ( loss per share ) - GAAP basis $ 0.21 $ 0.27 $ ( 5.32 ) -22 % n / m Adjusted EBIT DA ** $ 1,049 $ 1,112 $ 1,347 -6 % -22 % Adjusted EBITDA margin ** 20.1 % 20.1 % 18.1 % 0 bps 203 bps Pretax segment operating income ** $ 664 $ 654 $ 776 1 % -14 % Pretax segment operating margin ** 12.7 % 11.8 % 10.4 % 88 bps 230 bps Net income , excluding charges & credits ** $ 299 $ 309 $ 351 -3 % -15 % Diluted EPS , excluding charges & credits ** $ 0.21 $ 0.22 $ 0.25 -5 % -16 % Revenue by Geography International North America * Other $ 4,211 $ 4,343 $ 5,225 -3 % -19 % 972 1,167 2,180 -17 % -55 % 40 22 50 n / m n / m $ 5,223 $ 5,532 $ 7,455 -6 % -30 % * During the fourth quarter of 2020 , Schlumberger divested of certain businesses in North America . These businesses generated revenue of $ 285 million during the fourth quarter of 2020 and $ 659 million during the first quarter of 2020 . Excluding the impact of these divestitures , worldwide first - quarter 2021 revenue was essentially flat sequentially and declined 23 % year - on - year . North America first - quarter 2021 revenue , excluding the impact of these divestitures , increased 10 % sequentially and declined 36 % year - on - year . ** These are non - GAAP financial measures . See sections titled " Charges & Credits " , " Divisions " , and " Supplemental Information " for details . n / m = not meaningful 1