Seadrill (SDRL) Tax Provisions (2018 - 2026)
Seadrill (SDRL) posted Tax Provisions of $23.0 million for Q1 2026, up 179.31% sequentially from -$29.0 million in Q4 2025, and up 53.33% YoY from $15.0 million in Q1 2025.
Seadrill (SDRL) Tax Provisions (2018 - 2026) Analysis & Trends
Seadrill has reported Tax Provisions for 9 years, with the latest figure at $23.0 million in Q1 2026.
- Quarterly Tax Provisions rose 53.33% year-over-year to $23.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $34.0 million (up 131.48% YoY) and the FY2025 annual result came in at $26.0 million, up 123.01% from the prior year.
- Tax Provisions advanced to $23.0 million in Q1 2026 per SDRL's latest filing, from -$29.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $29.0 million in Q2 2025 and troughed at -$133.0 million in Q4 2024.
- A 5-year average of -$3.9 million and a median of $10.0 million in 2024 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions sank 76.92% in 2024, then soared 866.67% in 2025.
- Over 5 years, Tax Provisions stood at $8.0 million in 2022, then jumped by 62.5% to $13.0 million in 2023, then plunged by 1123.08% to -$133.0 million in 2024, then surged by 78.2% to -$29.0 million in 2025, then jumped by 179.31% to $23.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $23.0 million, -$29.0 million, and $11.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | 16.29 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 14.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | -8.65 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 72.40 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 12.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | 10.90 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 16.41 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 503,155.99 |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 33.60 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | 26.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.00 Mn |
| 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 |
| Jun 30, 2023 | 13.00 Mn |
| Jun 30, 2022 | 8.00 Mn |
| Jun 30, 2021 | 9.00 Mn |
| Jun 30, 2020 | 5.00 Mn |
| Jun 30, 2019 | -30.00 Mn |
| Jun 30, 2018 | 4.00 Mn |