What is Seadrill's accrued expenses?

Seadrill (SDRL) reported accrued expenses of $38M in Q1 2026.

How has Seadrill's accrued expenses changed year-over-year?

Seadrill's accrued expenses increased by 2.7% year-over-year, from $37M to $38M.

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.

Seadrill SDRL Accrued Expenses

Accrued Expenses at other companies

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$62M-12.7%

TransoceanRIG

$562M-13.1%

Noble CorporationNE

$51.8M-44.7%

Patterson-UTI EnergyPTEN

$76.08M-72.2%

Helmerich & PayneHP

$514.42M-11.7%

Oceaneering InternationalOII

$438.11M+1.7%

Other financials

Income statement

See full

Revenue$358.0M+6.9%

Operating income$24.0M+33.3%

Net income-$7.0M+50.0%

EPS (diluted)-$0.11+52.2%

Balance sheet

See full

Cash & equivalents$329.0M-23.5%

Total debt$631.0M+2.1%

Total equity$2.9B-2.0%

Total assets$4.0B-1.7%

Cash flow

See full

Operating cash flow-$22.0M+18.5%

CapEx$13.0M-71.1%

Free cash flow-$35.0M+51.4%

Valuation

See full

Market cap$2.49B+82.8%

Enterprise value$2.79B+80.4%

P/S1.7×+0.7×

Profitability

See full

Operating margin3.8%-22.3pp

Net margin-4.8%-32.3pp

FCF margin-7.5%-1.8pp

Returns & leverage

See full

Return on equity-2.4%-15.2pp

Debt / equity0.2×0.0×

Current ratio1.9×-0.1×

Where this comes from

Reported directly by Seadrill in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The official record: Seadrill’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Seadrill's accrued expenses?: Seadrill (SDRL) reported accrued expenses of $38M in Q1 2026.
How has Seadrill's accrued expenses changed year-over-year?: Seadrill's accrued expenses increased by 2.7% year-over-year, from $37M to $38M.
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.