Seadrill Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Feb '22 Feb 22, 2022
Revenue	1,437	1,385	1,502	843	169
Revenue Growth (YoY)	3.75%	-7.79%	78.17%	398.82%	-83.23%
Cost of Revenue	736	681	705	445	76
Gross Profit	701	704	797	398	93
Selling, General & Admin	103	107	74	54	6
Depreciation & Amortization Expenses	238	168	155	135	17
Other Operating Expenses	315	517	267	176	37
Total Operating Expenses	656	792	496	365	60
Operating Income	47	412	329	35	37
Interest Income	14	25	35	14	-
Interest Expense	-61	-61	-59	-98	-7
Other Non-Operating Income (Expense)	-51	-43	12	-14	3,711
Total Non-Operating Income (Expense)	-98	-79	-12	-98	3,704
Pretax Income	-51	333	317	-63	3,741
Provision for Income Taxes	26	-113	17	10	2
Net Income	-77	446	300	402	7,412
Earnings From Discontinued Operations	-	-	-	274	-33
Net Income to Common	-77	446	300	402	7,412
Net Income Growth	-	48.67%	-25.37%	-94.58%	-
Shares Outstanding (Basic)	62	68	71	80	50
Shares Outstanding (Diluted)	65	71	74	80	50
Shares Change (YoY)	-8.45%	-4.05%	-7.50%	60.00%	-50.00%
EPS (Basic)	-1.24	6.56	4.23	-0.40	148.24
EPS (Diluted)	-1.24	6.37	4.12	-0.40	148.24
EPS Growth	-	54.61%	-	-	-
Free Cash Flow	-138	-69	186	-66	-74
Free Cash Flow Per Share	-2.12	-0.97	2.51	-0.82	-
Gross Margin	48.78%	50.83%	53.06%	47.21%	55.03%
Operating Margin	3.27%	29.75%	21.90%	4.15%	21.89%
Profit Margin	-5.36%	32.20%	19.97%	15.18%	4405.33%
FCF Margin	-9.60%	-4.98%	12.38%	-7.83%	-43.79%
EBITDA	285	580	484	170	54
EBITDA Margin	19.83%	41.88%	32.22%	20.17%	31.95%
EBIT	47	412	329	35	37
EBIT Margin	3.27%	29.75%	21.90%	4.15%	21.89%
Effective Tax Rate	-50.98%	-33.93%	5.36%	-15.87%	0.05%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q