Sable Offshore (SOC) Retained Earnings (2020 - 2026)
Sable Offshore (SOC) reported Retained Earnings of -$1.3 billion for Q1 2026, down 61.61% on a YoY basis from -$3.4 billion in Q1 2025, and down 17.77% quarter-over-quarter from -$1.1 billion in Q4 2025.
Sable Offshore (SOC) Retained Earnings (2020 - 2026) Analysis & Trends
Sable Offshore has reported Retained Earnings for 7 years, with the latest figure at -$1.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Retained Earnings fell 61.61% year-over-year to -$1.3 billion; the trailing twelve-month figure through Mar 2026 stood at -$1.3 billion (down 61.61% YoY), and the FY2025 full-year result was -$1.1 billion, down 58.74% from the prior year.
- Retained Earnings for Q1 2026 stood at -$1.3 billion, down from -$1.1 billion in the prior quarter.
- The five-year high for Retained Earnings was -$3.7 million in Q2 2022, with the low at -$1.3 billion in Q1 2026.
- Historically, Retained Earnings has averaged -$483.2 million across 5 years, with a median of -$426.6 million in 2023.
- Annual changes were most pronounced in 2022 — Retained Earnings soared 83.47% — and 2023, when it sank 11350.16%.
- Sable Offshore's Retained Earnings stood at -$18.3 million in 2022, then tumbled by 44.08% to -$26.4 million in 2023, then slumped by 2544.65% to -$698.3 million in 2024, then tumbled by 58.74% to -$1.1 billion in 2025, then retreated by 17.77% to -$1.3 billion in 2026.
- The last three Retained Earnings figures came in at -$1.3 billion (Q1 2026), -$1.1 billion (Q4 2025), and -$1.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 127.14 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 3.42 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | -7.39 Bn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -1.32 Bn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 2.41 Bn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 1.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -1.31 Bn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | -11.09 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -1.26 Bn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 2.37 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.31 Bn |
| Dec 31, 2025 | -1.11 Bn |
| Sep 30, 2025 | -1.00 Bn |
| Jun 30, 2025 | -935.90 Mn |
| Mar 31, 2025 | -807.80 Mn |
| Dec 31, 2024 | -698.30 Mn |
| Sep 30, 2024 | -682.13 Mn |
| Jun 30, 2024 | -426.56 Mn |
| Mar 31, 2024 | -261.12 Mn |
| Sep 30, 2023 | -26.40 Mn |
| Jun 30, 2023 | -426.60 Mn |
| Mar 31, 2023 | -20.09 Mn |
| Dec 31, 2022 | -18.33 Mn |
| Sep 30, 2022 | -4.58 Mn |
| Jun 30, 2022 | -3.73 Mn |
| Mar 31, 2022 | -6.47 Mn |
| Dec 31, 2021 | -12.94 Mn |
| Sep 30, 2021 | -12.41 Mn |
| Jun 30, 2021 | -22.54 Mn |
| Mar 31, 2021 | -17.36 Mn |