Seadrill (SDRL) Tax Provisions (2024 - 2026)

Seadrill's (SDRL) quarterly Tax Provisions came in at $23.0 million in Q1 2026, up 53.33% year-on-year from $15.0 million in Q1 2025, and up 179.31% quarter-over-quarter from -$29.0 million in Q4 2025.

Seadrill (SDRL) Tax Provisions (2024 - 2026) Analysis & Trends

Seadrill has disclosed Tax Provisions across 3 years of filings, most recently posting $23.0 million for Q1 2026.

  • Tax Provisions for Q1 2026 came in at $23.0 million, up 53.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $34.0 million (up 131.48% YoY), and the FY2025 annual result was $26.0 million, up 123.01% from the prior year.
  • Tax Provisions came in at $23.0 million for Q1 2026 at Seadrill, up from -$29.0 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $29.0 million in Q2 2025 to a low of -$133.0 million in Q4 2024.
  • The 3-year median for Tax Provisions is $10.0 million (2024), against an average of -$7.1 million.
  • Peak annual rise in Tax Provisions reached 866.67% in 2025, while the deepest fall reached 50.0% in 2025.
  • Seadrill's Tax Provisions stood at -$133.0 million in 2024, then soared by 78.2% to -$29.0 million in 2025, then surged by 179.31% to $23.0 million in 2026.
  • The last three Tax Provisions figures came in at $23.0 million (Q1 2026), -$29.0 million (Q4 2025), and $11.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 6.72 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 72.95 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn -54.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn -3.60 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn 9.30 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn 23.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn 11.83 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - -11.10 Mn
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn 18.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 23.00 Mn
Dec 31, 2025 -29.00 Mn
Sep 30, 2025 11.00 Mn
Jun 30, 2025 29.00 Mn
Mar 31, 2025 15.00 Mn
Dec 31, 2024 -133.00 Mn
Sep 30, 2024 7.00 Mn
Jun 30, 2024 3.00 Mn
Mar 31, 2024 10.00 Mn