Sable Offshore SOC
NYSE SOC
$5.10 +0.03 (+0.59%)
At close: Aug 21, 2026 · 4:00 PM EDT

Sable Offshore (SOC) Consolidated Net Income (2021 - 2026)

Sable Offshore's (SOC) quarterly Consolidated Net Income came in at -$197.0 million in Q1 2026, down 79.86% YoY from -$978.3 million in Q1 2025, and down 216.89% on a QoQ basis from -$62.2 million in Q4 2025.

Sable Offshore (SOC) Consolidated Net Income (2021 - 2026) Analysis & Trends

Sable Offshore (SOC) has 6 years of Consolidated Net Income data on file, last reported at -$197.0 million in Q1 2026.

  • Quarterly Consolidated Net Income fell 79.86% year-over-year to -$197.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$497.6 million (up 8.98% YoY) and the FY2025 annual result came in at -$410.2 million, up 33.55% from the prior year.
  • Consolidated Net Income slipped to -$197.0 million in Q1 2026, from -$62.2 million in the prior quarter.
  • In the past five years, Consolidated Net Income ranged from a high of $6.4 million in Q1 2022 to a low of -$255.6 million in Q3 2024.
  • A 5-year average of -$77.7 million and a median of -$25.1 million in 2023 frame the typical range for Consolidated Net Income.
  • Annual changes were most pronounced in 2022 — Consolidated Net Income soared 6286.02% — and 2023, when it plunged 11931.29%.
  • Tracing SOC's Consolidated Net Income over 5 years: stood at -$11.6 million in 2022, then sank by 115.54% to -$25.1 million in 2023, then surged by 35.59% to -$16.2 million in 2024, then slumped by 284.57% to -$62.2 million in 2025, then sank by 216.89% to -$197.0 million in 2026.
  • The last three Consolidated Net Income figures came in at -$197.0 million (Q1 2026), -$62.2 million (Q4 2025), and -$110.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 Noble 7.43 Bn 6.98 Bn 273.38 Mn -36.68 Mn
2 Transocean 6.68 Bn 5.88 Bn 358.00 Mn 170.00 Mn
3 Patterson Uti Energy 4.70 Bn 4.50 Bn 597.25 Mn -19.28 Mn
4 Helmerich & Payne 4.37 Bn 4.13 Bn 349.94 Mn 78.12 Mn
5 Seadrill 2.95 Bn 2.59 Bn 234.00 Mn 29.00 Mn
6 Borr Drilling 1.39 Bn 1.17 Bn - -241.40 Mn
7 Nabors Industries 1.32 Bn 807.28 Mn 309.38 Mn -1.52 Mn
8 Precision Drilling 1.18 Bn 1.14 Bn 89.29 Mn 1.77 Mn
9 Valaris 827.45 Mn 286.25 Mn 123.70 Mn 47.00 Mn
10 Sable Offshore 774.26 Mn 752.66 Mn - -64.22 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -64.22 Mn
Mar 31, 2026 -197.03 Mn
Dec 31, 2025 -62.17 Mn
Sep 30, 2025 -110.38 Mn
Jun 30, 2025 -128.07 Mn
Mar 31, 2025 -109.54 Mn
Dec 31, 2024 -16.17 Mn
Sep 30, 2024 -255.57 Mn
Jun 30, 2024 -165.44 Mn
Mar 31, 2024 -180.11 Mn
Dec 31, 2023 -25.10 Mn
Sep 30, 2023 -23.07 Mn
Jun 30, 2023 -22.31 Mn
Mar 31, 2023 -23.19 Mn
Dec 31, 2022 -11.65 Mn
Sep 30, 2022 -191,750.00
Jun 30, 2022 2.82 Mn
Mar 31, 2022 6.42 Mn
Dec 31, 2021 -670,184.00
Sep 30, 2021 10.13 Mn