Brazil was Seadrill’s largest region in fiscal 2025, bringing in $1.22B of $2.21B (55%).
| Geography | FY 2018 | FY 2018 | FY 2019 | FY 2021 | FY 2022 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Norway | — | $462.00M | $426.00M | $376.00M | $194.00M | ||||
| Brazil | $38.00M | $190.00M | — | $686.00M | $1.22B | ||||
| United States | $40.00M | — | $892.00M | $732.00M | $736.00M | ||||
| Angola | $86.00M | $440.00M | $542.00M | $670.00M | — | ||||
| Nigeria | — | — | — | — | — | ||||
| Others | $18.00M | $106.00M | $458.00M | $306.00M | $60.00M | ||||
| Canada | — | $196.00M | — | — | — | ||||
| Saudi Arabia | — | — | — | — | — | ||||
| Total | $182.00M | $1.39B | $2.32B | $2.77B | $2.21B |
Seadrill brought in $2.21B from its four regions in fiscal 2025, the year ended December 31, 2025. Seadrill regrouped these regions after fiscal 2024, so the total does not compare directly with that year's $2.77B. Brazil was the largest at $1.22B (55.2%), ahead of United States at $736.00M (33.3%) and Norway at $194.00M (8.8%). The remaining region, Others, brought in $60.00M.
Compared with fiscal 2024, Brazil grew fastest, up 78.1% to $1.22B, while Others fell the most, down 80.4% to $60.00M.
Seadrill stopped reporting Angola ($670.00M in fiscal 2024) and Canada ($196.00M in fiscal 2022) as separate regions.
Operating Segments was Seadrill’s largest segment in fiscal 2020, bringing in $1.05B of $1.09B (97%).
| Segment | FY 2018 | FY 2018 | FY 2019 | FY 2020 |
|---|---|---|---|---|
| Operating Segments | $1.21B | $760.00M | $2.27B | $1.05B |
| Other | $10.00M | $22.00M | $48.00M | $36.00M |
| Total | $1.22B | $782.00M | $2.32B | $1.09B |
Seadrill brought in $1.09B from its two segments in fiscal 2020, the year ended December 31, 2020. That was down 53.1% from $2.32B in fiscal 2019. Operating Segments was the largest at $1.05B (96.7%), ahead of Other at $36.00M (3.3%).
Compared with fiscal 2019, Other fell 25.0% to $36.00M and Operating Segments fell 53.7% to $1.05B. From fiscal 2018 to 2020, combined revenue from these segments fell from $1.22B to $1.09B, a compound annual decline of 5.5%. Operating Segments' share of the total fell from 99.2% to 96.7%.
Seadrill Partners was Seadrill’s largest revenue line in fiscal 2018, bringing in $852.00M of $1.09B (78%).
| Equity Method Investment, Nonconsolidated Investee | FY 2018 |
|---|---|
| Seadrill Partners | $852.00M |
| Seamex | $236.00M |
| Total | $1.09B |
Seadrill brought in $1.09B from its two revenue lines in fiscal 2018, the year ended December 31, 2018. Seadrill Partners was the largest at $852.00M (78.3%), ahead of Seamex at $236.00M (21.7%).
Seadrill (SDRL) reports its revenue by geography, by segment and by equity method investment, nonconsolidated investee. In fiscal 2025, Brazil was its largest region, bringing in $1.22B (55.2% of the total), followed by United States at $736.00M (33.3%).
Brazil was Seadrill's largest region in fiscal 2025, bringing in $1.22B, or 55.2% of the $2.21B total across its four regions.
Operating Segments was Seadrill's largest segment in fiscal 2020, bringing in $1.05B, or 96.7% of the $1.09B total across its two segments.
Seadrill Partners was Seadrill's largest revenue line in fiscal 2018, bringing in $852.00M, or 78.3% of the $1.09B total across its two revenue lines.
Every figure comes from Seadrill's annual financial filings, as reported. Each line keeps the name Seadrill gives it, and years follow its fiscal calendar.
Seadrill's revenue by geography goes back to fiscal 2018, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.