Sable Offshore (SOC) Other Operating Expenses (2021 - 2026)
Sable Offshore (SOC) reported Other Operating Expenses of $72.0 million for Q1 2026, up 92.12% on a YoY basis from $37.5 million in Q1 2025, and up 23.27% quarter-over-quarter from $58.4 million in Q4 2025.
Sable Offshore (SOC) Other Operating Expenses (2021 - 2026) Analysis & Trends
Sable Offshore has reported Other Operating Expenses for 6 years, with the latest figure at $72.0 million in Q1 2026.
- For the quarter ending Q1 2026, Other Operating Expenses rose 92.12% year-over-year to $72.0 million; the trailing twelve-month figure through Mar 2026 stood at $266.6 million (up 110.95% YoY), and the FY2025 full-year result was $232.1 million, up 137.77% from the prior year.
- Other Operating Expenses for Q1 2026 stood at $72.0 million, up from $58.4 million in the prior quarter.
- The five-year high for Other Operating Expenses was $82.7 million in Q3 2025, with the low at $306338.0 in Q2 2022.
- Historically, Other Operating Expenses has averaged $28.8 million across 5 years, with a median of $22.8 million in 2023.
- Annual changes were most pronounced in 2023 — Other Operating Expenses surged 6222.1% — and 2024, when it slumped 56.72%.
- Sable Offshore's Other Operating Expenses 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 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 19.51 Mn |
| Jun 30, 2023 | 19.37 Mn |
| Mar 31, 2023 | 20.09 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 |
| Jun 30, 2021 | 424,566.00 |