Sable Offshore (SOC) Interest Expenses (2024 - 2026)
Sable Offshore posted quarterly Interest Expenses of $34.7 million for Q1 2026, up 65.09% year-on-year from $21.0 million in Q1 2025, and up 37.33% on a QoQ basis from $25.2 million in Q4 2025.
Sable Offshore (SOC) has 3 years of Interest Expenses data on file, last reported at $34.7 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 65.09% year-over-year to $34.7 million; the trailing twelve-month figure through Mar 2026 stood at $101.9 million (up 29.75% YoY), and the FY2025 full-year result was $88.2 million, up 31.09% from the prior year.
- Interest Expenses for Q1 2026 stood at $34.7 million, up from $25.2 million in the prior quarter.
- Across five years, Interest Expenses topped out at $34.7 million in Q1 2026 and bottomed at $9.8 million in Q1 2024.
- The 3-year median for Interest Expenses is $21.0 million (2025), against an average of $21.1 million.
- Peak annual rise in Interest Expenses reached 114.26% in 2025, while the deepest fall reached 9.56% in 2025.
- A 3-year view of Interest Expenses shows it stood at $19.2 million in 2024, then jumped by 31.39% to $25.2 million in 2025, then jumped by 37.33% to $34.7 million in 2026.
- The last three Interest Expenses figures came in at $34.7 million (Q1 2026), $25.2 million (Q4 2025), and $21.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 9.01 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 40.56 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 276.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 17.49 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 25.81 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 15.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | 34.67 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 43.76 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | -56.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.67 Mn |
| Mar 31, 2026 | 34.67 Mn |
| Dec 31, 2025 | 25.25 Mn |
| Dec 31, 2025 | 25.25 Mn |
| Sep 30, 2025 | 21.01 Mn |
| Sep 30, 2025 | 21.01 Mn |
| Jun 30, 2025 | 21.01 Mn |
| Jun 30, 2025 | 21.01 Mn |
| Mar 31, 2025 | 21.00 Mn |
| Mar 31, 2025 | 21.00 Mn |
| Dec 31, 2024 | 19.21 Mn |
| Dec 31, 2024 | 19.21 Mn |
| Sep 30, 2024 | 19.17 Mn |
| Sep 30, 2024 | 19.17 Mn |
| Jun 30, 2024 | 19.18 Mn |
| Jun 30, 2024 | 19.18 Mn |
| Mar 31, 2024 | 9.80 Mn |
| Mar 31, 2024 | 9.80 Mn |