Growth Metrics

Sable Offshore (SOC) Net Income towards Common Stockholders (2021 - 2026)

Sable Offshore posted quarterly Net Income towards Common Stockholders of -$197.0 million for Q1 2026, down 79.86% year-on-year from -$978.3 million in Q1 2025, and down 216.89% on a QoQ basis from -$62.2 million in Q4 2025.

Sable Offshore (SOC) has 6 years of Net Income towards Common Stockholders data on file, last reported at -$197.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Income towards Common Stockholders 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 towards Common Stockholders for Q1 2026 stood at -$197.0 million, down from -$62.2 million in the prior quarter.
  • Across five years, Net Income towards Common Stockholders topped out at $6.4 million in Q1 2022 and bottomed at -$255.6 million in Q3 2024.
  • The 5-year median for Net Income towards Common Stockholders is -$25.1 million (2023), against an average of -$77.7 million.
  • The widest annual swing landed in 2022, when Net Income towards Common Stockholders soared 6286.02%; it then slumped 11931.29% in 2023.
  • A 5-year view of Net Income towards Common Stockholders shows it stood at -$11.6 million in 2022, then plunged by 115.54% to -$25.1 million in 2023, then soared by 35.59% to -$16.2 million in 2024, then sank by 284.57% to -$62.2 million in 2025, then plunged by 216.89% to -$197.0 million in 2026.
  • The last three Net Income towards Common Stockholders figures came in at -$197.0 million (Q1 2026), -$62.2 million (Q4 2025), and -$110.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 12.67 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 120.73 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 71.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn -24.48 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn -55.86 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn -7.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn -197.03 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn 9.32 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn - 23.40 Mn

Historic Data

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DateValue
Mar 31, 2026 -197.03 Mn
Dec 31, 2025 -62.17 Mn
Sep 30, 2025 -110.38 Mn
Jun 30, 2025 -128.07 Mn
Mar 31, 2025 -109.54 Mn
Dec 31, 2024 -16.17 Mn
Sep 30, 2024 -255.57 Mn
Jun 30, 2024 -165.44 Mn
Mar 31, 2024 -180.11 Mn
Dec 31, 2023 -25.10 Mn
Sep 30, 2023 -23.07 Mn
Jun 30, 2023 -22.31 Mn
Mar 31, 2023 -23.19 Mn
Dec 31, 2022 -11.65 Mn
Sep 30, 2022 -191,750.00
Jun 30, 2022 2.82 Mn
Mar 31, 2022 6.42 Mn
Dec 31, 2021 -670,184.00
Sep 30, 2021 10.13 Mn
Jun 30, 2021 -420,272.00
Mar 31, 2021 -103,811.00