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Seadrill SDRL Pre-Tax Income

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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$2.69B+52.8%
Enterprise value$3.08B+57.3%
P/E2,685.1×+2,662×
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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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, except per share data)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Equity in earnings of equity method investment (net of tax)46814
Other financial and non-operating items(23)(13)(22)(27)
Total financial and other non-operating items, net(31)(19)(39)(36)
Profit/(loss) before income taxes41(13)57(12)
Income tax expense(12)(29)(35)(44)
Net income/(loss)29(42)22(56)
Basic EPS/(LPS) ($)0.47(0.68)0.36(0.91)
Diluted EPS/(LPS) ($)0.47(0.68)0.36(0.91)

Item 1. Financial Statements.

FAQ

What is Seadrill's pre-tax income?
Seadrill (SDRL) reported pre-tax income of $41M in Q2 2026.
How has Seadrill's pre-tax income changed year-over-year?
Seadrill's pre-tax income increased by 415.4% year-over-year, from -$13M to $41M.
What is the long-term trend for Seadrill's pre-tax income?
Over 2 years (2023 to 2025), Seadrill's pre-tax income has grown at a -59.9% compound annual growth rate (CAGR), from $317M to -$51M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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