Sable Offshore Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cost of Revenue	139.11	95.2	60.69	-	-	-
Gross Profit	-139.11	-95.2	-60.69	-	-	-
Selling, General & Admin	150.33	143.35	12.76	6.15	1.68	0.01
Other Operating Expenses	-4.07	-4.07	-0.8	-	-	-
Operating Expenses	158.09	151.65	32.98	6.15	1.68	0.01
Operating Income	-297.19	-246.85	-93.67	-6.15	-1.68	-0.01
Interest Expense	-80.36	-67.31	-	-	-	-
Interest & Investment Income	-	-	-	3.99	0.02	-
Other Non Operating Income (Expenses)	-138.91	-227.45	-	0.33	5.94	-
EBT Excluding Unusual Items	-516.46	-541.62	-93.67	-1.83	4.27	-0.01
Merger & Restructuring Charges	7.2	-17.5	-	-	-	-
Legal Settlements	-	-70	-	-	-	-
Pretax Income	-509.26	-629.12	-93.67	-1.83	4.27	-0.01
Income Tax Expense	0.09	-0.05	-	0.76	-	-
Net Income	-509.35	-629.07	-93.67	-2.59	4.27	-0.01
Preferred Dividends & Other Adjustments	-	-11.79	-	-	-	-
Net Income to Common	-509.35	-617.28	-93.67	-2.59	4.27	-0.01
Shares Outstanding (Basic)	81	67	18	36	32	3
Shares Outstanding (Diluted)	81	67	18	36	32	3
Shares Change (YoY)	118.09%	271.12%	-49.75%	13.71%	1023.74%	-
EPS (Basic)	-6.30	-9.21	-5.19	-0.07	0.14	-
EPS (Diluted)	-6.30	-9.21	-5.19	-0.07	0.14	-
Free Cash Flow	-473.2	-257.74	-70.1	-1.71	-2.01	-0
Free Cash Flow Per Share	-5.85	-3.85	-3.88	-0.05	-0.06	-0.00
EBITDA	-285.37	-234.49	-72.66	-	-	-
D&A For EBITDA	11.83	12.36	21.02	-	-	-
EBIT	-297.19	-246.85	-93.67	-6.15	-1.68	-0.01

Updated Aug 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q