Growth Metrics

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

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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