Sable Offshore (SOC) Net Income (2021 - 2026)

Sable Offshore has reported Net Income for 6 years, with the latest figure at -$197.0 million in Q1 2026.

• For the quarter ending Q1 2026, Net Income fell 79.86% year-over-year to -$197.0 million; the trailing twelve-month figure through Mar 2026 stood at -$497.6 million (up 8.98% YoY), and the FY2025 full-year result was -$410.2 million, up 33.55% from the prior year.
• Net Income for Q1 2026 stood at -$197.0 million, down from -$62.2 million in the prior quarter.
• The five-year high for Net Income was $6.4 million in Q1 2022, with the low at -$255.6 million in Q3 2024.
• Historically, Net Income has averaged -$77.7 million across 5 years, with a median of -$25.1 million in 2023.
• Annual changes were most pronounced in 2022 — Net Income soared 6286.02% — and 2023, when it plunged 11931.29%.
• Sable Offshore's Net Income stood at -$11.6 million in 2022, then sank by 115.54% to -$25.1 million in 2023, then surged by 35.59% to -$16.2 million in 2024, then slumped by 284.57% to -$62.2 million in 2025, then sank by 216.89% to -$197.0 million in 2026.
• The last three Net Income figures came in at -$197.0 million (Q1 2026), -$62.2 million (Q4 2025), and -$110.4 million (Q3 2025), per Business Quant data.