Growth Metrics

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

Sable Offshore posted quarterly Change in Accured Expenses of $20.2 million for Q1 2026, up 1491.19% year-on-year from $1.3 million in Q1 2025, and up 219.51% on a QoQ basis from -$16.9 million in Q4 2025.

Sable Offshore (SOC) has 6 years of Change in Accured Expenses data on file, last reported 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.
  • Across five years, Change in Accured Expenses topped out at $77.0 million in Q1 2024 and bottomed at -$23.9 million in Q2 2024.
  • The 5-year median for Change in Accured Expenses is -$12029.0 (2022), against an average of $4.6 million.
  • The widest annual swing landed in 2024, when Change in Accured Expenses jumped 110108.57%; it then tumbled 2822.8% in 2025.
  • A 5-year view of Change in Accured Expenses shows it stood at $3.5 million in 2022, then tumbled by 148.22% to -$1.7 million in 2023, then jumped by 66.06% to -$579000.0 in 2024, then sank by 2822.8% to -$16.9 million in 2025, then surged 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 157.47 Bn 157.41 Bn 120.82 Mn -
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn -
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn -
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn -110.25 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 16.26 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn 40.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 20.22 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn -24.51 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn - 5.90 Mn

Historic Data

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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
Sep 30, 2023 85,000.00
Sep 30, 2023 85,000.00
Jun 30, 2023 -2.74 Mn
Jun 30, 2023 -2.74 Mn
Mar 31, 2023 -70,000.00
Mar 31, 2023 -70,000.00
Dec 31, 2022 3.54 Mn
Dec 31, 2022 3.54 Mn
Sep 30, 2022 922,396.00
Sep 30, 2022 922,396.00
Jun 30, 2022 -97,570.00
Jun 30, 2022 -97,570.00
Mar 31, 2022 -12,029.00
Mar 31, 2022 -12,029.00
Dec 31, 2021 -55,687.00
Dec 31, 2021 -55,687.00
Sep 30, 2021 23,590.00
Sep 30, 2021 23,590.00
Jun 30, 2021 -394,281.00
Jun 30, 2021 -394,281.00
Mar 31, 2021 701,878.00
Mar 31, 2021 701,878.00