Sable Offshore (SOC) Change in Accured Expenses (2021 - 2026)

Sable Offshore (SOC) reported Change in Accured Expenses of $20.2 million for Q1 2026, up 1491.19% on a YoY basis from $1.3 million in Q1 2025, and up 219.51% quarter-over-quarter from -$16.9 million in Q4 2025.

Sable Offshore (SOC) Change in Accured Expenses (2021 - 2026) Analysis & Trends

Sable Offshore has reported Change in Accured Expenses for 6 years, with the latest figure at $20.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Accured Expenses rose 1491.19% year-over-year to $20.2 million; the trailing twelve-month figure through Mar 2026 stood at $22.7 million (up 204.42% YoY), and the FY2025 full-year result was $3.8 million, down 93.01% from the prior year.
  • Change in Accured Expenses for Q1 2026 stood at $20.2 million, up from -$16.9 million in the prior quarter.
  • The five-year high for Change in Accured Expenses was $77.0 million in Q1 2024, with the low at -$23.9 million in Q2 2024.
  • Historically, Change in Accured Expenses has averaged $4.6 million across 5 years, with a median of -$12029.0 in 2022.
  • Annual changes were most pronounced in 2024 — Change in Accured Expenses jumped 110108.57% — and 2025, when it sank 2822.8%.
  • Sable Offshore's Change in Accured Expenses stood at $3.5 million in 2022, then plunged by 148.22% to -$1.7 million in 2023, then soared by 66.06% to -$579000.0 in 2024, then slumped by 2822.8% to -$16.9 million in 2025, then jumped by 219.51% to $20.2 million in 2026.
  • The last three Change in Accured Expenses figures came in at $20.2 million (Q1 2026), -$16.9 million (Q4 2025), and -$1.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (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 -110.25 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn 16.26 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn 40.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn 20.22 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn -24.51 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - 100,000.00
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 20.22 Mn
Mar 31, 2026 20.22 Mn
Dec 31, 2025 -16.92 Mn
Dec 31, 2025 -16.92 Mn
Sep 30, 2025 -1.74 Mn
Sep 30, 2025 -1.74 Mn
Jun 30, 2025 21.16 Mn
Jun 30, 2025 21.16 Mn
Mar 31, 2025 1.27 Mn
Mar 31, 2025 1.27 Mn
Dec 31, 2024 -579,000.00
Dec 31, 2024 -579,000.00
Sep 30, 2024 1.42 Mn
Sep 30, 2024 1.42 Mn
Jun 30, 2024 -23.88 Mn
Jun 30, 2024 -23.88 Mn
Mar 31, 2024 77.01 Mn
Mar 31, 2024 77.01 Mn
Dec 31, 2023 -1.71 Mn
Dec 31, 2023 -1.71 Mn