Sable Offshore (SOC) Interest Expenses (2024 - 2026)

Sable Offshore (SOC) reported Interest Expenses of $34.7 million for Q1 2026, up 65.09% on a YoY basis from $21.0 million in Q1 2025, and up 37.33% quarter-over-quarter from $25.2 million in Q4 2025.

Sable Offshore (SOC) Interest Expenses (2024 - 2026) Analysis & Trends

Sable Offshore has reported Interest Expenses for 3 years, with the latest figure 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.
  • The five-year high for Interest Expenses was $34.7 million in Q1 2026, with the low at $9.8 million in Q1 2024.
  • Historically, Interest Expenses has averaged $21.1 million across 3 years, with a median of $21.0 million in 2025.
  • The largest YoY upside for Interest Expenses was 114.26% in 2025 against a maximum downside of 9.56% in 2025.
  • Sable Offshore's Interest Expenses stood at $19.2 million in 2024, then soared by 31.39% to $25.2 million in 2025, then soared 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) Interest Expense (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 9.01 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 40.56 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 276.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn 17.49 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn 25.81 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn 15.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn 34.67 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn 43.76 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - -63.20 Mn
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn -

Historic Data

Download Data
DateValue
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