Seadrill Limited

SDRL ·Energy, Oil & Gas Equipment & Services
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2017
Revenue $1.44B $1.39B $1.50B $843.0M $907.0M $961.0M $1.39B $2.09B
Cost of Revenue — — — — — — — —
Gross Profit — — — — — — — —
Gross Margin — — — — — — — —
Operating Expenses
Research & Development — — — — — — — —
SG&A Expense $103.0M $107.0M $74.0M $54.0M $67.0M $74.0M $95.0M $277.0M
Operating Income $47.0M $412.0M $329.0M $35.0M $-156.0M $-4.48B $-295.0M $-728.0M
Operating Margin 3.3% 29.7% 21.9% 4.2% -17.2% -466.3% -21.3% -34.9%
Interest Expense $61.0M $61.0M $59.0M $98.0M $109.0M $398.0M $421.0M $285.0M
Pretax Income $-51.0M $333.0M $317.0M $-63.0M $-572.0M $-4.43B $-760.0M $-3.04B
Income Tax Expense $26.0M $-113.0M $17.0M $10.0M $0 $-1.0M $-40.0M $66.0M
Net Income $-77.0M $446.0M $300.0M $201.0M $-587.0M $-4.66B $-1.22B $-2.97B
Net Margin -5.4% 32.2% 20.0% 23.8% -64.7% -484.8% -87.8% -142.4%
EPS (Basic) $-1.24 $6.56 $4.23 $4.02 $-5.85 $-46.43 $-12.18 $-5.89
EPS (Diluted) $-1.24 $6.37 $4.12 $3.88 $-5.85 $-46.43 $-12.18 $-5.89
Shares Outstanding (Basic) — — — — — — — —
Shares Outstanding (Diluted) 65.0M 71.0M 74.0M 53.0M 100.0M 100.0M 100.0M 505.0M
Dividends Per Share — — — — — — — —