Seadrill (SDRL) Gross Margin (2024 - 2026)

Seadrill's (SDRL) quarterly Gross Margin came in at 49.44% in Q1 2026, up 2162.0% year-on-year from 2.19% in Q1 2025, and down 72.41% quarter-over-quarter from 179.23% in Q4 2025.

Seadrill (SDRL) Gross Margin (2024 - 2026) Analysis & Trends

Seadrill has disclosed Gross Margin across 3 years of filings, most recently posting 49.44% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 49.44%, up 2162.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 106.38% (up 2310.0% YoY), and the FY2025 annual result was 95.96%, up 87.0% from the prior year.
  • Gross Margin came in at 49.44% for Q1 2026 at Seadrill, down from 179.23% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 179.23% in Q4 2025 to a low of 27.82% in Q1 2025.
  • The 3-year median for Gross Margin is 92.78% (2024), against an average of 86.22%.
  • Peak annual rise in Gross Margin reached 8181 bps in 2025, while the deepest fall reached 6490 bps in 2025.
  • Seadrill's Gross Margin stood at 97.41% in 2024, then soared by 84 bps to 179.23% in 2025, then slumped by 72 bps to 49.44% in 2026.
  • The last three Gross Margin figures came in at 49.44% (Q1 2026), 179.23% (Q4 2025), and 47.38% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 31.50%
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 96.17%
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 43.94%
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn 47.96%
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn 97.34%
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn 49.44%
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -5,252.71%
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn 37.02%
9 Borr Drilling 1.40 Bn 1.16 Bn - -
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn 19.77%

Historic Data

Download Data
DateValue
Mar 31, 2026 49.44%
Dec 31, 2025 179.23%
Sep 30, 2025 47.38%
Jun 30, 2025 94.44%
Mar 31, 2025 27.82%
Dec 31, 2024 97.41%
Sep 30, 2024 92.78%
Jun 30, 2024 94.76%
Mar 31, 2024 92.73%