Seadrill (SDRL) Cost of Revenue (2024 - 2026)
Seadrill's (SDRL) quarterly Cost of Revenue came in at $181.0 million in Q1 2026, up 1.12% year-on-year from $179.0 million in Q1 2025, and up 136.79% quarter-over-quarter from -$492.0 million in Q4 2025.
Seadrill (SDRL) Cost of Revenue (2024 - 2026) Analysis & Trends
Seadrill has disclosed Cost of Revenue across 3 years of filings, most recently posting $181.0 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $181.0 million, up 1.12% year-over-year; the trailing twelve-month figure through Mar 2026 was -$104.0 million (down 145.81% YoY), and the FY2025 annual result 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 $191.0 million in Q3 2025 to a low of -$492.0 million in Q4 2025.
- The 3-year median for Cost of Revenue is $19.0 million (2024), against an average of $15.9 million.
- Peak annual rise in Cost of Revenue reached 905.26% in 2025, while the deepest fall reached 3380.0% in 2025.
- Seadrill's Cost of Revenue stood at $15.0 million in 2024, then tumbled by 3380.0% to -$492.0 million in 2025, then soared by 136.79% to $181.0 million in 2026.
- The last three Cost of Revenue figures came in at $181.0 million (Q1 2026), -$492.0 million (Q4 2025), and $191.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 143.13 Bn | 143.07 Bn | 120.82 Mn | 262.78 Mn |
| 2 | Noble | 6.93 Bn | 6.26 Bn | 755.58 Mn | 30.11 Mn |
| 3 | Transocean | 6.19 Bn | 5.58 Bn | 475.00 Mn | 606.00 Mn |
| 4 | Patterson Uti Energy | 3.93 Bn | 3.60 Bn | 535.85 Mn | 581.49 Mn |
| 5 | Helmerich & Payne | 3.63 Bn | 3.53 Bn | 907.56 Mn | 24.80 Mn |
| 6 | Seadrill | 2.49 Bn | 2.16 Bn | - | - |
| 7 | Sable Offshore | 1.44 Bn | 1.38 Bn | -66.76 Mn | 68.03 Mn |
| 8 | Borr Drilling | 1.33 Bn | 1.08 Bn | - | - |
| 9 | Nabors Industries | 1.29 Bn | 1.18 Bn | 290.08 Mn | 493.47 Mn |
| 10 | Valaris | 452.05 Mn | -125.75 Mn | 92.00 Mn | 373.40 Mn |
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 |