What is Seadrill's pre-tax income?

Seadrill (SDRL) reported pre-tax income of $16M in Q1 2026.

How has Seadrill's pre-tax income changed year-over-year?

Seadrill's pre-tax income increased by 1500.0% year-over-year, from $1M to $16M.

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.

Seadrill SDRL Pre-Tax Income

Pre-Tax Income at other companies

ValarisVAL

$10.4M-93.3%

TransoceanRIG

$17M+143%

Noble CorporationNE

$193.67M+30.2%

Patterson-UTI EnergyPTEN

-$28.07M-1,147%

Oceaneering InternationalOII

$54.83M-21.0%

Helmerich & PayneHP

-$46.56M-205%

Other financials

Income statement

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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

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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

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Operating cash flow-$22.0M+18.5%

CapEx$13.0M-71.1%

Free cash flow-$35.0M+51.4%

Valuation

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Market cap$2.49B+82.8%

Enterprise value$2.79B+80.4%

P/S1.7×+0.7×

Profitability

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Operating margin3.8%-22.3pp

Net margin-4.8%-32.3pp

FCF margin-7.5%-1.8pp

Returns & leverage

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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 pre-tax income?: Seadrill (SDRL) reported pre-tax income of $16M in Q1 2026.
How has Seadrill's pre-tax income changed year-over-year?: Seadrill's pre-tax income increased by 1500.0% year-over-year, from $1M to $16M.
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.