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
DateValue
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