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| 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 |