Growth Metrics

Sable Offshore (SOC) Current Assets (2020 - 2026)

Sable Offshore posted quarterly Current Assets of $85.0 million for Q1 2026, down 65.31% year-on-year from $245.1 million in Q1 2025, and down 37.35% on a QoQ basis from $135.7 million in Q4 2025.

Sable Offshore (SOC) has 7 years of Current Assets data on file, last reported at $85.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Current Assets fell 65.31% year-over-year to $85.0 million; the trailing twelve-month figure through Mar 2026 stood at $85.0 million (down 65.31% YoY), and the FY2025 full-year result was $135.7 million, down 61.8% from the prior year.
  • Current Assets for Q1 2026 stood at $85.0 million, down from $135.7 million in the prior quarter.
  • Across five years, Current Assets topped out at $355.3 million in Q4 2024 and bottomed at $188468.0 in Q4 2022.
  • The 5-year median for Current Assets is $78.0 million (2025), against an average of $115.7 million.
  • The widest annual swing landed in 2022, when Current Assets slumped 77.69%; it then jumped 70802.34% in 2024.
  • A 5-year view of Current Assets shows it stood at $188468.0 in 2022, then soared by 8502.52% to $16.2 million in 2023, then surged by 2091.3% to $355.3 million in 2024, then slumped by 61.8% to $135.7 million in 2025, then slumped by 37.35% to $85.0 million in 2026.
  • The last three Current Assets figures came in at $85.0 million (Q1 2026), $135.7 million (Q4 2025), and $78.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Assets (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 368.27 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 1.43 Bn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 1.77 Bn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 1.32 Bn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 1.47 Bn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn 811.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 85.01 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn 1.15 Bn
9 Borr Drilling 1.48 Bn 1.10 Bn - 768.40 Mn

Historic Data

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DateValue
Mar 31, 2026 85.01 Mn
Dec 31, 2025 135.70 Mn
Sep 30, 2025 78.02 Mn
Jun 30, 2025 308.24 Mn
Mar 31, 2025 245.07 Mn
Dec 31, 2024 355.28 Mn
Sep 30, 2024 344.15 Mn
Jun 30, 2024 167.09 Mn
Mar 31, 2024 229.14 Mn
Dec 31, 2023 16.21 Mn
Sep 30, 2023 955,842.00
Jun 30, 2023 235,665.00
Mar 31, 2023 436,840.00
Dec 31, 2022 188,468.00
Sep 30, 2022 378,734.00
Jun 30, 2022 600,312.00
Mar 31, 2022 840,691.00
Dec 31, 2021 844,646.00
Sep 30, 2021 817,511.00
Jun 30, 2021 606,411.00
Mar 31, 2021 1.76 Mn
Dec 31, 2020 304,223.00