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
Download Data| Date | Value |
|---|---|
| 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 |