Seadrill (SDRL) Operating Expenses (2017 - 2026)
Seadrill recorded quarterly Operating Expenses of $334.0 million in Q1 2026, down 2.91% quarter-over-quarter from $344.0 million in Q4 2025, and up 5.36% year-over-year from $317.0 million in Q1 2025.
Seadrill's Operating Expenses history runs 10 years deep, the most recent figure standing at $334.0 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 5.36% year-over-year to $334.0 million; the TTM figure through Mar 2026 stood at $1.4 billion (up 12.05% YoY), while the FY2025 annual figure was $1.4 billion, up 11.94% from the prior year.
- Operating Expenses came in at $334.0 million for Q1 2026 at Seadrill, down from $344.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $371.0 million in Q2 2025 to a low of -$809.0 million in Q4 2022.
- A 5-year average of $10.1 million and a median of $290.0 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses tumbled 216.02% in 2022 and surged 238.36% in 2024, its largest moves.
- Seadrill's Operating Expenses stood at -$809.0 million in 2022, then jumped by 56.0% to -$356.0 million in 2023, then soared by 190.73% to $323.0 million in 2024, then grew by 6.5% to $344.0 million in 2025, then dropped by 2.91% to $334.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $334.0 million, $344.0 million, and $337.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 30.44 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 560.38 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 798.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 1.13 Bn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 969.28 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 334.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | 120.03 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 765.29 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | -140.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 334.00 Mn |
| Dec 31, 2025 | 344.00 Mn |
| Sep 30, 2025 | 337.00 Mn |
| Jun 30, 2025 | 371.00 Mn |
| Mar 31, 2025 | 317.00 Mn |
| Dec 31, 2024 | 323.00 Mn |
| Sep 30, 2024 | 307.00 Mn |
| Jun 30, 2024 | 290.00 Mn |
| Mar 31, 2024 | 303.00 Mn |
| Dec 31, 2023 | -356.00 Mn |
| Sep 30, 2023 | -304.00 Mn |
| Jun 30, 2023 | -308.00 Mn |
| Mar 31, 2023 | -219.00 Mn |
| Dec 31, 2022 | -809.00 Mn |
| Sep 30, 2022 | -571.00 Mn |
| Jun 30, 2022 | -321.00 Mn |
| Feb 22, 2022 | 134.00 Mn |
| Dec 31, 2021 | -256.00 Mn |
| Sep 30, 2021 | -237.00 Mn |
| Jun 30, 2021 | -306.00 Mn |
| Mar 31, 2021 | -260.00 Mn |
| Dec 31, 2020 | -709.00 Mn |
| Jun 30, 2020 | -365.00 Mn |
| Mar 31, 2020 | -383.00 Mn |
| Dec 31, 2019 | -491.00 Mn |
| Sep 30, 2019 | -435.00 Mn |
| Jun 30, 2019 | -397.00 Mn |
| Mar 31, 2019 | -399.00 Mn |
| Dec 31, 2018 | -737.00 Mn |
| Sep 30, 2018 | -355.00 Mn |
| Jun 30, 2018 | -476.00 Mn |
| Mar 31, 2018 | -442.00 Mn |
| Dec 31, 2017 | 421.00 Mn |
| Sep 30, 2017 | -1.01 Bn |