Seadrill (SDRL) Tax Provisions (2017 - 2026)
Seadrill recorded quarterly Tax Provisions of $23.0 million in Q1 2026, up 179.31% quarter-over-quarter from -$29.0 million in Q4 2025, and up 53.33% year-over-year from $15.0 million in Q1 2025.
Seadrill's Tax Provisions history runs 10 years deep, the most recent figure standing at $23.0 million for Q1 2026.
- In Q1 2026, Tax Provisions rose 53.33% year-over-year to $23.0 million; the TTM figure through Mar 2026 stood at $34.0 million (up 131.48% YoY), while the FY2025 annual figure 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.
- A 5-year average of -$6.3 million and a median of $2.0 million in 2022 frame the typical range for Tax Provisions.
- On a YoY basis, Tax Provisions climbed as much as 1100.0% in 2024 and fell as far as 800.0% in 2024.
- Seadrill's Tax Provisions stood at -$10.0 million in 2022, then soared by 290.0% to $19.0 million in 2023, then plunged by 800.0% to -$133.0 million in 2024, then jumped by 78.2% to -$29.0 million in 2025, then soared 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | - |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 72.95 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | -54.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -3.60 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 9.30 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 23.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 11.83 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | -12.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 19.00 Mn |
| Sep 30, 2023 | -22.00 Mn |
| Jun 30, 2023 | -13.00 Mn |
| Mar 31, 2023 | -1.00 Mn |
| Dec 31, 2022 | -10.00 Mn |
| Sep 30, 2022 | -10.00 Mn |
| Jun 30, 2022 | -8.00 Mn |
| Feb 22, 2022 | 2.00 Mn |
| Dec 31, 2021 | 10.00 Mn |
| Sep 30, 2021 | -3.00 Mn |
| Jun 30, 2021 | -9.00 Mn |
| Mar 31, 2021 | -2.00 Mn |
| Dec 31, 2020 | -3.00 Mn |
| Jun 30, 2020 | -5.00 Mn |
| Mar 31, 2020 | 3.00 Mn |
| Dec 31, 2019 | 30.00 Mn |
| Sep 30, 2019 | -3.00 Mn |
| Jun 30, 2019 | 30.00 Mn |
| Mar 31, 2019 | -18.00 Mn |
| Dec 31, 2018 | -8.00 Mn |
| Sep 30, 2018 | -2.00 Mn |
| Jun 30, 2018 | 4.00 Mn |
| Mar 31, 2018 | -32.00 Mn |
| Dec 31, 2017 | -57.00 Mn |
| Sep 30, 2017 | -21.00 Mn |