Seadrill Limited (SDRL) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	1.5B	1.4B	1.4B	1.5B	936.0M
Cost of Revenue	1.1B	1.3B	1.1B	905.0M	655.0M
Gross Profit	381.0M	173.0M	293.0M	565.0M	281.0M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	81.0M	103.0M	107.0M	74.0M	—
General & Admin Expense	29.0M	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	158.0M	—	(226.0M)	162.0M	209.0M
Total Operating Expenses	239.0M	103.0M	(119.0M)	236.0M	209.0M
Cost and Expenses	1.4B	1.4B	973.0M	1.1B	864.0M
Operating Income (EBIT)	142.0M	70.0M	412.0M	329.0M	72.0M
Non-Operating
Interest Income	13.0M	14.0M	25.0M	35.0M	14.0M
Interest Expense	62.0M	61.0M	61.0M	59.0M	105.0M
Net Interest Income	(49.0M)	(47.0M)	(36.0M)	(24.0M)	(91.0M)
Other Non-Op Income/Expense	(124.0M)	(121.0M)	(79.0M)	(12.0M)	3.6B
Non-Operating Income (excl Interest)	50.0M	60.0M	18.0M	(10.0M)	(3.7B)
EBT (Pre-Tax Income)	18.0M	(51.0M)	333.0M	317.0M	3.7B
Income Tax Expense	17.0M	26.0M	(113.0M)	17.0M	12.0M
Bottom Line
Net Income	1.0M	(77.0M)	446.0M	300.0M	3.9B
Earnings from Cont. Ops	1.0M	(77.0M)	446.0M	300.0M	3.7B
Earnings from Discont. Ops	—	—	—	—	241.0M
Bottom Line Net Income	1.0M	(77.0M)	452.0M	300.0M	3.7B
Per Share
Basic EPS	$0.02	($1.24)	$6.56	$4.23	$73.32
Diluted EPS	$0.03	($1.24)	$6.37	$4.05	$73.32
Revenue Per Share	$24.49	$23.14	$20.37	$20.70	$18.72
Shares
Basic Shares Outstanding	62.1M	62.1M	68.0M	71.0M	50.0M
Diluted Shares Outstanding	62.1M	62.1M	71.0M	74.0M	50.0M
Profitability Metrics
EBITDA	362.0M	248.0M	562.0M	494.0M	3.9B
D&A	270.0M	238.0M	168.0M	155.0M	152.0M
EBIT	92.0M	10.0M	394.0M	339.0M	3.8B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026