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Seadrill SDRL Accrued Expenses

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Other financials

Income statement

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Revenue$449.0M+19.1%
Operating income$72.0M+1,100%
Net income$29.0M+169%
EPS (diluted)$0.47+169%

Balance sheet

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Cash & equivalents$360.0M-14.1%
Total debt$754.0M+21.8%
Total equity$2.9B-0.2%
Total assets$4.1B+0.9%

Cash flow

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Operating cash flow-$18.0M
CapEx$25.0M+8.7%
Free cash flow-$43.0M-258%

Valuation

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Market cap$2.7B+52.8%
Enterprise value$3.1B+57.3%
P/E2,703.8×+2,681×
P/S1.8×+0.5×

Profitability

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Operating margin8%+2.7pp
Net margin0.1%-5.6pp
FCF margin-9.2%-2.4pp

Returns & leverage

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Return on equity0%-2.6pp
Debt / equity0.3×0.0×
Current ratio2.5×+0.6×

Where this comes from

Reported directly by Seadrill in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Seadrill’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:01 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001737706-26-000026
(In $ millions)June 30,2026December 31,2025
Accrued expenses127137
Contract liabilities7058
Employee withheld taxes, social security and vacation payments5147
Taxes payable3635
Accrued interest expense21
Unfavorable drilling contracts3
Other liabilities1212
Total other current liabilities296313

Item 1. Financial Statements.

FAQ

What is Seadrill's accrued expenses?
Seadrill (SDRL) reported accrued expenses of $51M in Q2 2026.
How has Seadrill's accrued expenses changed year-over-year?
Seadrill's accrued expenses increased by 21.4% year-over-year, from $42M to $51M.
What is the long-term trend for Seadrill's accrued expenses?
Over 2 years (2023 to 2025), Seadrill's accrued expenses has grown at a -62.6% compound annual growth rate (CAGR), from $336M to $47M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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