Sable Offshore (SOC) Accumulated Expenses (2020 - 2026)

Sable Offshore (SOC) reported Accumulated Expenses of $28.0 million for Q1 2026, down 48.71% on a YoY basis from $54.7 million in Q1 2025, and up 17.15% quarter-over-quarter from $23.9 million in Q4 2025.

Sable Offshore (SOC) Accumulated Expenses (2020 - 2026) Analysis & Trends

Sable Offshore has reported Accumulated Expenses for 7 years, with the latest figure at $28.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Accumulated Expenses fell 48.71% year-over-year to $28.0 million; the trailing twelve-month figure through Mar 2026 stood at $28.0 million (down 48.71% YoY), and the FY2025 full-year result was $23.9 million, down 61.41% from the prior year.
  • Accumulated Expenses for Q1 2026 stood at $28.0 million, up from $23.9 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $110.4 million in Q3 2025, with the low at $165901.0 in Q2 2022.
  • Historically, Accumulated Expenses has averaged $31.0 million across 5 years, with a median of $17.8 million in 2024.
  • Annual changes were most pronounced in 2022 — Accumulated Expenses tumbled 62.46% — and 2023, when it surged 3279.42%.
  • Sable Offshore's Accumulated Expenses 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 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 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
9 Borr Drilling 1.40 Bn 1.16 Bn -
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 307,597.00