Seadrill (SDRL) Cost of Revenue (2019 - 2026)
Seadrill (SDRL) reported Cost of Revenue of $234 million for Q2 2026, up 19.4% from $196 million a year earlier and up 22.5% from the prior quarter.
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Analysis
Seadrill (SDRL) Cost of Revenue (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Seadrill's Cost of Revenue came in at $829 million, up 9.1% year-over-year; for FY2025, it came in at $794 million, up 6.0% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of 6.7% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $749 million in FY2024 (-1.4%), $760 million in FY2023 (+70.8%), $445 million in FY2022 (-30.9%) and $644 million in FY2021 (+12.0%).
- The Q2 2026 figure ranks as the highest quarterly Cost of Revenue since Q2 2020.
- Year over year, Cost of Revenue gained in four of the last six quarters, with growth averaging 7.2%.
- Per Business Quant data, the three quarters before Q2 2026 came in at $191 million (Q1 2026), $202 million (Q4 2025) and $202 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 7.58 Bn |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | 5.16 Bn |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | 2.08 Bn |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | 4.91 Bn |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | 1.61 Bn |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn | 480.42 Mn |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn | 608.00 Mn |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn | 772.00 Mn |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn | 144.36 Mn |
| 10 | Seadrill | 2.74 Bn | 1.36 Bn | 215.00 Mn | 234.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 234.00 Mn |
| Mar 31, 2026 | 191.00 Mn |
| Dec 31, 2025 | 202.00 Mn |
| Sep 30, 2025 | 202.00 Mn |
| Jun 30, 2025 | 196.00 Mn |
| Mar 31, 2025 | 194.00 Mn |
| Dec 31, 2024 | 179.00 Mn |
| Sep 30, 2024 | 191.00 Mn |
| Jun 30, 2024 | 179.00 Mn |
| Mar 31, 2024 | 200.00 Mn |
| Jun 30, 2023 | 199.00 Mn |
| Jun 30, 2022 | 196.00 Mn |
| Jun 30, 2021 | 165.00 Mn |
| Jun 30, 2020 | 266.00 Mn |
| Jun 30, 2019 | 231.00 Mn |
API Access
Seadrill Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SDRL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "SDRL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SDRL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();