For the quarter ending 2026-03-31, SDRL made $358,000,000 in revenue. -$7,000,000 in net income. Net profit margin of -1.96%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total operating revenues | 358,000,000 | 362,000,000 | 363,000,000 | 377,000,000 |
| Cost of goods and services sold-Vesseland Rig | 181,000,000 | 186,000,000 | 191,000,000 | 180,000,000 |
| Cost of goods and services sold-Reimbursable | 10,000,000 | 16,000,000 | 11,000,000 | 16,000,000 |
| Depreciation and amortization | 71,000,000 | 69,000,000 | 58,000,000 | 56,000,000 |
| Management contract expenses | 46,000,000 | 45,500,000* | 49,000,000 | 93,000,000 |
| Selling, general and administrative expenses | 25,000,000 | 27,000,000 | 27,000,000 | 26,000,000 |
| Merger and integration related expenses | 1,000,000 | 500,000* | 1,000,000 | 0 |
| Total operating expenses | 334,000,000 | 344,000,000 | 337,000,000 | 371,000,000 |
| Loss on impairment of long-lived assets | - | 22,000,000* | - | - |
| Gain on disposals | - | 1,000,000* | 0 | 0 |
| Other operating income | - | 0* | 0 | 0 |
| Total other operating items | - | -21,000,000 | 0 | 0 |
| Operating profit | 24,000,000 | -3,000,000 | 26,000,000 | 6,000,000 |
| Interest income | 2,000,000 | 3,000,000 | 4,000,000 | 3,000,000 |
| Interest expense | 15,000,000 | 16,000,000 | 15,000,000 | 15,000,000 |
| Equity in earnings of equity method investment (net of tax) | 4,000,000 | -13,000,000 | -11,000,000 | 6,000,000 |
| Other financial and non-operating items | 1,000,000 | -10,000,000 | -4,000,000 | -13,000,000 |
| Total financial and other non-operating items, net | -8,000,000 | -36,000,000 | -26,000,000 | -19,000,000 |
| Profit before income taxes | 16,000,000 | -39,000,000 | 0 | -13,000,000 |
| Income tax expense | 23,000,000 | -29,000,000 | 11,000,000 | 29,000,000 |
| Net (loss)/income | - | -10,000,000 | - | - |
| Net loss | -7,000,000 | - | -11,000,000 | -42,000,000 |
| Basic EPS | -0.11 | - | -0.17 | -0.68 |
| Diluted EPS | -0.11 | - | -0.17 | -0.68 |
| Basic Average Shares | 62,000,000 | - | 62,000,000 | 62,000,000 |
| Diluted Average Shares | 65,000,000 | 65,000,000 | 65,000,000 | 65,000,000 |
Seadrill Ltd (SDRL)
Seadrill Ltd (SDRL)