Seadrill Limited (SDRL) — Financial statements
Income statement, balance sheet, and cash flow for Seadrill Limited — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,437↑3.8% | 1,385↓5.8% | 1,470↑57.1% | 936↑3.2% | 907 | |
| Cost of Revenue | 1,264↑15.8% | 1,092↑20.7% | 905↑38.2% | 655↓30.7% | 945 | |
| Gross Profit | 173↓41.0% | 293↓48.1% | 565↑101.1% | 281↑839.5% | -38 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 77 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00↑100.0% | -10 | |
| SG&A Expenses | 103↓3.7% | 107↑44.6% | 74 | 0.00↓100.0% | 67 | |
| Other Expenses | 0.00↑100.0% | -226↓239.5% | 162↓22.5% | 209↑309.8% | 51 | |
| Operating Expenses | 103↑186.6% | -119↓150.4% | 236↑12.9% | 209↑77.1% | 118 | |
| Total Costs & Expenses | 1,367↑40.5% | 973↓14.7% | 1,141↑32.1% | 864↓18.7% | 1,063 | |
| Operating Results | ||||||
| Operating Income | 70↓83.0% | 412↑25.2% | 329↑356.9% | 72↑146.2% | -156 | |
| Depreciation & Amortization | 238↑41.7% | 168↑8.4% | 155↑2.0% | 152↑19.7% | 127 | |
| EBITDA | 248↓55.9% | 562↑13.8% | 494↑120.5% | 224↑166.7% | -336 | |
| EBIT | 10↓97.5% | 394↑16.2% | 339↑370.8% | 72↑115.6% | -463 | |
| Interest & Other Income | ||||||
| Net Interest Income | -47↓30.6% | -36↓50.0% | -24↑73.6% | -91↑15.7% | -108 | |
| Interest Income | 14↓44.0% | 25↓28.6% | 35 | 0.00↓100.0% | 1 | |
| Interest Expense | 61↑0.0% | 61↑3.4% | 59↓35.2% | 91↓16.5% | 109 | |
| Non-Operating Income | 60↑233.3% | 18↑280.0% | -10 | 0.00↓100.0% | 307 | |
| Other Income / Expenses | -121↓53.2% | -79↓558.3% | -12↓100.3% | 3,606↑966.8% | -416 | |
| Income Before Tax | -51↓115.3% | 333↑5.0% | 317↓91.4% | 3,678↑743.0% | -572 | |
| Income Tax Expense | 26↑123.0% | -113↓764.7% | 17↑41.7% | 12 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -77↓117.3% | 446↑48.7% | 300↓91.8% | 3,666↑740.9% | -572 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00↓100.0% | 241↑1706.7% | -15 | |
| Net Income | -77↓117.3% | 446↑48.7% | 300↓92.3% | 3,907↑765.6% | -587 | |
| Bottom-Line Net Income | -77↓117.0% | 452↑50.7% | 300↓91.8% | 3,666↑724.5% | -587 | |
| EPS (Basic) | -1.24↓118.9% | 6.56↑55.1% | 4.23↓94.2% | 73.32↑1353.3% | -5.85 | |
| EPS (Diluted) | -1.24↓119.5% | 6.37↑57.3% | 4.05↓94.5% | 73.32↑1353.3% | -5.85 | |
| Weighted Average Shares | 62↓8.7% | 68↓4.2% | 71↑42.0% | 50↓50.0% | 100 | |
| Weighted Average Diluted Shares | 62↓12.5% | 71↓4.1% | 74↑48.0% | 50↓50.0% | 100 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.