Sable Offshore (SOC) Other Operating Expenses (2021 - 2026)
Sable Offshore's (SOC) quarterly Other Operating Expenses came in at $72.0 million in Q1 2026, up 92.12% YoY from $37.5 million in Q1 2025, and up 23.27% on a QoQ basis from $58.4 million in Q4 2025.
Sable Offshore (SOC) Other Operating Expenses (2021 - 2026) Analysis & Trends
Sable Offshore (SOC) has 6 years of Other Operating Expenses data on file, last reported at $72.0 million in Q1 2026.
- Quarterly Other Operating Expenses rose 92.12% year-over-year to $72.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $266.6 million (up 110.95% YoY) and the FY2025 annual result came in at $232.1 million, up 137.77% from the prior year.
- Other Operating Expenses grew to $72.0 million in Q1 2026, from $58.4 million in the prior quarter.
- In the past five years, Other Operating Expenses ranged from a high of $82.7 million in Q3 2025 to a low of $306338.0 in Q2 2022.
- A 5-year average of $28.8 million and a median of $22.8 million in 2023 frame the typical range for Other Operating Expenses.
- Annual changes were most pronounced in 2023 — Other Operating Expenses surged 6237.77% — and 2024, when it tumbled 56.64%.
- Tracing SOC's Other Operating Expenses over 5 years: stood at $4.1 million in 2022, then jumped by 450.36% to $22.8 million in 2023, then surged by 38.38% to $31.5 million in 2024, then jumped by 85.28% to $58.4 million in 2025, then rose by 23.27% to $72.0 million in 2026.
- The last three Other Operating Expenses figures came in at $72.0 million (Q1 2026), $58.4 million (Q4 2025), and $82.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 145.50 Mn |
| Mar 31, 2026 | 71.98 Mn |
| Dec 31, 2025 | 58.39 Mn |
| Sep 30, 2025 | 82.66 Mn |
| Jun 30, 2025 | 53.57 Mn |
| Mar 31, 2025 | 37.46 Mn |
| Dec 31, 2024 | 31.51 Mn |
| Sep 30, 2024 | 28.38 Mn |
| Jun 30, 2024 | 29.02 Mn |
| Mar 31, 2024 | 8.70 Mn |
| Dec 31, 2023 | 22.77 Mn |
| Sep 30, 2023 | 19.54 Mn |
| Jun 30, 2023 | 19.42 Mn |
| Mar 31, 2023 | 20.05 Mn |
| Dec 31, 2022 | 4.14 Mn |
| Sep 30, 2022 | 1.28 Mn |
| Jun 30, 2022 | 306,338.00 |
| Mar 31, 2022 | 424,493.00 |
| Dec 31, 2021 | 846,355.00 |
| Sep 30, 2021 | 306,668.00 |