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

Sable Offshore (SOC) has 4 years of Gross Profit data on file, last reported 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.
• Across five years, Gross Profit topped out at -$7.3 million in Q1 2024 and bottomed at -$79.4 million in Q3 2025.
• The 4-year median for Gross Profit is -$26.3 million (2024), against an average of -$33.4 million.
• The widest annual swing landed in 2024, when Gross Profit jumped 50.54%; it then slumped 370.66% in 2025.
• A 4-year view of Gross Profit shows it stood at -$17.5 million in 2023, then sank by 63.39% to -$28.6 million in 2024, then plunged by 91.9% to -$55.0 million in 2025, then decreased 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.

Peer Comparison