Sable Offshore (SOC) EBT (2021 - 2026)
Sable Offshore posted quarterly EBT of -$197.0 million for Q1 2026, down 99.7% year-on-year 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) has 6 years of EBT data on file, last reported 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.
- Across five years, EBT topped out at $6.4 million in Q1 2022 and bottomed at -$254.7 million in Q3 2024.
- The 5-year median for EBT is -$35.7 million (2024), against an average of -$77.0 million.
- The widest annual swing landed in 2022, when EBT soared 6286.02%; it then sank 6917.26% in 2023.
- A 5-year view of EBT shows it stood at -$11.4 million in 2022, then sank by 119.83% to -$25.1 million in 2023, then sank by 42.03% to -$35.7 million in 2024, then plunged by 112.72% to -$75.8 million in 2025, then sank 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 19.73 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 193.67 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 17.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -28.07 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -46.56 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 16.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -197.03 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 21.15 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 11.20 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 |
| Mar 31, 2021 | -103,811.00 |