Seadrill (SDRL) Gross Margin (2017 - 2026)
Seadrill recorded quarterly Gross Margin of 49.44% in Q1 2026, down 72.41% quarter-over-quarter from 179.23% in Q4 2025, and up 2162.0% year-over-year from 2.19% in Q1 2025.
Seadrill's Gross Margin history runs 10 years deep, the most recent figure standing at 49.44% for Q1 2026.
- In Q1 2026, Gross Margin rose 2162.0% year-over-year to 49.44%; the TTM figure through Mar 2026 stood at 106.38% (up 2310.0% YoY), while the FY2025 annual figure 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 69.36% in Q4 2023.
- A 5-year average of 78.11% and a median of 94.44% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 156667 bps in 2022 and sank 16892 bps in 2023, its largest moves.
- Seadrill's Gross Margin stood at 99.56% in 2022, then sank by 170 bps to 69.36% in 2023, then soared by 240 bps to 97.41% in 2024, then jumped by 84 bps to 179.23% in 2025, then sank by 72 bps to 49.44% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 49.44%, 179.23%, and 47.38% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 31.50% |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 96.17% |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 43.94% |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 47.96% |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 97.34% |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 49.44% |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -5,252.71% |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 37.02% |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2023 | -69.36% |
| Sep 30, 2023 | 98.31% |
| Jun 30, 2023 | 70.00% |
| Mar 31, 2023 | 98.50% |
| Dec 31, 2022 | 99.56% |
| Sep 30, 2022 | 99.84% |
| Jun 30, 2022 | 100.00% |
| Feb 22, 2022 | 55.03% |
| Dec 31, 2021 | 72.46% |
| Sep 30, 2021 | 95.05% |
| Jun 30, 2021 | -1,466.67% |
| Mar 31, 2021 | 98.71% |
| Dec 31, 2020 | -520.82% |
| Jun 30, 2020 | 100.00% |
| Mar 31, 2020 | -280.69% |
| Dec 31, 2019 | 100.00% |
| Sep 30, 2019 | 97.28% |
| Jun 30, 2019 | 99.07% |
| Mar 31, 2019 | 91.39% |
| Dec 31, 2018 | 96.12% |
| Jun 30, 2018 | -18.10% |
| Mar 31, 2018 | 98.90% |
| Dec 31, 2017 | -60.32% |