Sable Offshore (SOC) EBT (2021 - 2026)
Sable Offshore (SOC) reported EBT of -$197.0 million for Q1 2026, down 99.7% on a YoY basis from -$65.7 billion in Q1 2025, and down 159.8% quarter-over-quarter from -$75.8 million in Q4 2025.
Sable Offshore (SOC) EBT (2021 - 2026) Analysis & Trends
Sable Offshore has reported EBT for 6 years, with the latest figure at -$197.0 million in Q1 2026.
- For the quarter ending Q1 2026, EBT fell 99.7% year-over-year to -$197.0 million; the trailing twelve-month figure through Mar 2026 stood at -$496.9 million (up 9.55% YoY), and the FY2025 full-year result was -$398.5 million, up 35.45% from the prior year.
- EBT for Q1 2026 stood at -$197.0 million, down from -$75.8 million in the prior quarter.
- The five-year high for EBT was $6.4 million in Q1 2022, with the low at -$254.7 million in Q3 2024.
- Historically, EBT has averaged -$77.0 million across 5 years, with a median of -$35.7 million in 2024.
- Annual changes were most pronounced in 2022 — EBT soared 6286.02% — and 2023, when it tumbled 6917.26%.
- Sable Offshore's EBT stood at -$11.4 million in 2022, then slumped by 119.83% to -$25.1 million in 2023, then slumped by 42.03% to -$35.7 million in 2024, then sank by 112.72% to -$75.8 million in 2025, then slumped by 159.8% to -$197.0 million in 2026.
- The last three EBT figures came in at -$197.0 million (Q1 2026), -$75.8 million (Q4 2025), and -$103.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 19.73 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 193.67 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 17.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -28.07 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -46.56 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 16.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -197.03 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 21.15 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -17.90 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 10.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -197.03 Mn |
| Dec 31, 2025 | -75.84 Mn |
| Sep 30, 2025 | -103.75 Mn |
| Jun 30, 2025 | -120.24 Mn |
| Mar 31, 2025 | -98.66 Mn |
| Dec 31, 2024 | -35.65 Mn |
| Sep 30, 2024 | -254.71 Mn |
| Jun 30, 2024 | -160.29 Mn |
| Mar 31, 2024 | -166.68 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 | -11.42 Mn |
| Sep 30, 2022 | 338,406.00 |
| Jun 30, 2022 | 2.82 Mn |
| Mar 31, 2022 | 6.42 Mn |
| Dec 31, 2021 | -670,184.00 |
| Sep 30, 2021 | 10.13 Mn |
| Jun 30, 2021 | -420,272.00 |