Sable Offshore (SOC) Accumulated Expenses (2020 - 2026)
Sable Offshore's (SOC) quarterly Accumulated Expenses came in at $28.0 million in Q1 2026, down 48.71% YoY from $54.7 million in Q1 2025, and up 17.15% on a QoQ basis from $23.9 million in Q4 2025.
Sable Offshore (SOC) Accumulated Expenses (2020 - 2026) Analysis & Trends
Sable Offshore (SOC) has 7 years of Accumulated Expenses data on file, last reported at $28.0 million in Q1 2026.
- Quarterly Accumulated Expenses fell 48.71% year-over-year to $28.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $28.0 million (down 48.71% YoY) and the FY2025 annual result came in at $23.9 million, down 61.41% from the prior year.
- Accumulated Expenses improved to $28.0 million in Q1 2026, from $23.9 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $110.4 million in Q3 2025 to a low of $165901.0 in Q2 2022.
- A 5-year average of $31.0 million and a median of $17.8 million in 2024 frame the typical range for Accumulated Expenses.
- Annual changes were most pronounced in 2022 — Accumulated Expenses tumbled 62.46% — and 2023, when it surged 3279.42%.
- Tracing SOC's Accumulated Expenses over 5 years: stood at $4.6 million in 2022, then slumped by 53.54% to $2.1 million in 2023, then soared by 2785.16% to $62.0 million in 2024, then tumbled by 61.41% to $23.9 million in 2025, then gained by 17.15% to $28.0 million in 2026.
- The last three Accumulated Expenses figures came in at $28.0 million (Q1 2026), $23.9 million (Q4 2025), and $110.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 55.24 Mn |
| Mar 31, 2026 | 28.03 Mn |
| Dec 31, 2025 | 23.93 Mn |
| Sep 30, 2025 | 110.37 Mn |
| Jun 30, 2025 | 88.61 Mn |
| Mar 31, 2025 | 54.66 Mn |
| Dec 31, 2024 | 62.00 Mn |
| Sep 30, 2024 | 37.84 Mn |
| Jun 30, 2024 | 17.80 Mn |
| Mar 31, 2024 | 77.99 Mn |
| Dec 31, 2023 | 2.15 Mn |
| Sep 30, 2023 | 6.15 Mn |
| Jun 30, 2023 | 5.61 Mn |
| Mar 31, 2023 | 5.44 Mn |
| Dec 31, 2022 | 4.63 Mn |
| Sep 30, 2022 | 1.09 Mn |
| Jun 30, 2022 | 165,901.00 |
| Mar 31, 2022 | 263,471.00 |
| Dec 31, 2021 | 275,500.00 |
| Sep 30, 2021 | 331,188.00 |