Sable Offshore Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cost of Revenue	315.86	219.2	95.2	60.69	-	-
Gross Profit	-177.47	-219.2	-95.2	-60.69	-	-
Selling, General & Admin	185.12	176.2	144.05	12.76	6.15	1.68
Other Operating Expenses	-8.83	-8.83	-4.07	-0.8	-	-
Operating Expenses	218.95	180.25	152.35	32.98	6.15	1.68
Operating Income	-396.41	-399.45	-247.55	-93.67	-6.15	-1.68
Interest Expense	-123.96	-88.25	-67.31	-	-	-
Interest & Investment Income	-	-	-	-	3.99	0.02
Other Non Operating Income (Expenses)	106.52	89.2	-227.45	-	0.33	5.94
EBT Excluding Unusual Items	-413.85	-398.49	-542.32	-93.67	-1.83	4.27
Merger & Restructuring Charges	-	-	-16.8	-	-	-
Legal Settlements	-	-	-70	-	-	-
Pretax Income	-413.85	-398.49	-629.12	-93.67	-1.83	4.27
Income Tax Expense	19.94	11.67	-0.05	-	0.76	-
Net Income	-433.79	-410.16	-629.07	-93.67	-2.59	4.27
Preferred Dividends & Other Adjustments	-	-	-11.79	-	-	-
Net Income to Common	-433.79	-410.16	-617.28	-93.67	-2.59	4.27
Net Income Growth	-	-	-	-	-	-
Shares Outstanding (Basic)	129	98	67	18	36	32
Shares Outstanding (Diluted)	129	98	67	18	36	32
Shares Change	58.99%	46.50%	271.12%	-49.75%	13.71%	1023.74%
EPS (Basic)	-3.37	-4.18	-9.21	-5.19	-0.07	0.14
EPS (Diluted)	-3.37	-4.18	-9.21	-5.19	-0.07	0.14
EPS Growth	-	-	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	-558.76	-769.33	-257.74	-70.1	-1.71	-2.01
Free Cash Flow Per Share	-4.35	-7.84	-3.85	-3.88	-0.05	-0.06
EBITDA	-353.75	-386.56	-235.19	-72.66	-	-
D&A For EBITDA	42.66	12.89	12.36	21.02	-	-
EBIT	-396.41	-399.45	-247.55	-93.67	-6.15	-1.68

SEC Filings: 10-K · 10-Q