Sable Offshore (SOC) Gross Profit (2023 - 2026)

Sable Offshore has reported Gross Profit for 4 years, with the latest figure at -$66.8 million in Q1 2026.

• For the quarter ending Q1 2026, Gross Profit fell 93.83% year-over-year to -$66.8 million; the trailing twelve-month figure through Mar 2026 stood at -$251.5 million (down 118.71% YoY), and the FY2025 full-year result was -$219.2 million, down 149.44% from the prior year.
• Gross Profit for Q1 2026 stood at -$66.8 million, down from -$55.0 million in the prior quarter.
• The five-year high for Gross Profit was -$7.3 million in Q1 2024, with the low at -$79.4 million in Q3 2025.
• Historically, Gross Profit has averaged -$33.4 million across 4 years, with a median of -$26.3 million in 2024.
• Annual changes were most pronounced in 2024 — Gross Profit jumped 50.54% — and 2025, when it plunged 370.66%.
• Sable Offshore's Gross Profit stood at -$17.5 million in 2023, then slumped by 63.39% to -$28.6 million in 2024, then sank by 91.9% to -$55.0 million in 2025, then retreated by 21.49% to -$66.8 million in 2026.
• The last three Gross Profit figures came in at -$66.8 million (Q1 2026), -$55.0 million (Q4 2025), and -$79.4 million (Q3 2025), per Business Quant data.