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
Download Data| Date | Value |
|---|---|
| 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 |