Sable Offshore (SOC) EBT (2021 - 2026)
Sable Offshore's (SOC) quarterly EBT came in at -$197.0 million in Q1 2026, down 99.7% YoY from -$65.7 billion in Q1 2025, and down 159.8% on a QoQ basis from -$75.8 million in Q4 2025.
Sable Offshore (SOC) EBT (2021 - 2026) Analysis & Trends
Sable Offshore (SOC) has 6 years of EBT data on file, last reported at -$197.0 million in Q1 2026.
- Quarterly EBT fell 99.7% year-over-year to -$197.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$496.9 million (up 9.55% YoY) and the FY2025 annual result came in at -$398.5 million, up 35.45% from the prior year.
- EBT slipped to -$197.0 million in Q1 2026, from -$75.8 million in the prior quarter.
- In the past five years, EBT ranged from a high of $6.4 million in Q1 2022 to a low of -$254.7 million in Q3 2024.
- A 5-year average of -$77.0 million and a median of -$35.7 million in 2024 frame the typical range for EBT.
- Annual changes were most pronounced in 2022 — EBT soared 6286.02% — and 2023, when it tumbled 6917.26%.
- Tracing SOC's EBT over 5 years: 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 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | -20.39 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 184.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | -27.92 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 150.52 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 41.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | -230.50 Mn |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 14.88 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 2.27 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 80.60 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | -37.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -37.24 Mn |
| 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 |