Growth Metrics

Seadrill (SDRL) Cost of Revenue (2017 - 2026)

Seadrill recorded quarterly Cost of Revenue of $181.0 million in Q1 2026, up 136.79% quarter-over-quarter from -$492.0 million in Q4 2025, and up 1.12% year-over-year from $179.0 million in Q1 2025.

Seadrill's Cost of Revenue history runs 10 years deep, the most recent figure standing at $181.0 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 1.12% year-over-year to $181.0 million; the TTM figure through Mar 2026 stood at -$104.0 million (down 145.81% YoY), while the FY2025 annual figure was $58.0 million, down 14.71% from the prior year.
  • Cost of Revenue came in at $181.0 million for Q1 2026 at Seadrill, up from -$492.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $691.0 million in Q4 2023 to a low of -$492.0 million in Q4 2025.
  • A 5-year average of $57.9 million and a median of $15.5 million in 2024 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue soared 69000.0% in 2023 and plunged 3380.0% in 2025, its largest moves.
  • Seadrill's Cost of Revenue stood at $1.0 million in 2022, then jumped by 69000.0% to $691.0 million in 2023, then plunged by 97.83% to $15.0 million in 2024, then slumped by 3380.0% to -$492.0 million in 2025, then jumped by 136.79% to $181.0 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $181.0 million, -$492.0 million, and $191.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 262.78 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 30.11 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 606.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 581.49 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 24.80 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn 181.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 68.03 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn 493.47 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn - -

Historic Data

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DateValue
Mar 31, 2026 181.00 Mn
Mar 31, 2026 181.00 Mn
Dec 31, 2025 -492.00 Mn
Dec 31, 2025 -492.00 Mn
Sep 30, 2025 191.00 Mn
Sep 30, 2025 191.00 Mn
Jun 30, 2025 16.00 Mn
Jun 30, 2025 16.00 Mn
Mar 31, 2025 179.00 Mn
Mar 31, 2025 179.00 Mn
Dec 31, 2024 15.00 Mn
Dec 31, 2024 15.00 Mn
Sep 30, 2024 19.00 Mn
Sep 30, 2024 19.00 Mn
Jun 30, 2024 14.00 Mn
Jun 30, 2024 14.00 Mn
Mar 31, 2024 20.00 Mn
Mar 31, 2024 20.00 Mn
Dec 31, 2023 691.00 Mn
Dec 31, 2023 691.00 Mn
Sep 30, 2023 7.00 Mn
Sep 30, 2023 7.00 Mn
Jun 30, 2023 3.00 Mn
Jun 30, 2023 3.00 Mn
Mar 31, 2023 4.00 Mn
Mar 31, 2023 4.00 Mn
Dec 31, 2022 1.00 Mn
Dec 31, 2022 1.00 Mn
Sep 30, 2022 1.00 Mn
Sep 30, 2022 1.00 Mn
Feb 22, 2022 76.00 Mn
Feb 22, 2022 76.00 Mn
Dec 31, 2021 76.00 Mn
Dec 31, 2021 76.00 Mn
Sep 30, 2021 11.00 Mn
Sep 30, 2021 11.00 Mn
Jun 30, 2021 141.00 Mn
Jun 30, 2021 141.00 Mn
Mar 31, 2021 3.00 Mn
Mar 31, 2021 3.00 Mn
Dec 31, 2020 2.86 Bn
Dec 31, 2020 2.86 Bn
Mar 31, 2020 1.22 Bn
Mar 31, 2020 1.22 Bn
Sep 30, 2019 10.00 Mn
Sep 30, 2019 10.00 Mn
Jun 30, 2019 3.00 Mn
Jun 30, 2019 3.00 Mn
Mar 31, 2019 26.00 Mn
Mar 31, 2019 26.00 Mn
Dec 31, 2018 21.00 Mn
Dec 31, 2018 21.00 Mn
Jun 30, 2018 411.00 Mn
Jun 30, 2018 411.00 Mn
Mar 31, 2018 4.00 Mn
Mar 31, 2018 4.00 Mn
Dec 31, 2017 691.00 Mn
Dec 31, 2017 691.00 Mn