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Seadrill SDRL Interest Expense

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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$2.69B+45.6%
Enterprise value$2.99B+46.1%
P/S1.8×+0.5×

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:InterestExpenseNonoperating.

The source filing: Seadrill’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 4:01 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001737706-26-000016
(In $ millions, except per share data)Three months ended March 31, 2026Three months ended March 31, 2025
Operating profit2418
Financial and other non-operating items
Interest income24
Interest expense(15)(15)
Equity in earnings of equity method investment (net of tax)48
Other financial and non-operating items1(14)
Total financial and other non-operating items, net(8)(17)
Profit before income taxes161

Item 1. Financial Statements.

FAQ

What is Seadrill's interest expense?
Seadrill (SDRL) reported interest expense of $15M in Q1 2026.
How has Seadrill's interest expense changed year-over-year?
Seadrill's interest expense decreased by 0.0% year-over-year, from $15M to $15M.
What is the long-term trend for Seadrill's interest expense?
Over 2 years (2023 to 2025), Seadrill's interest expense has grown at a 1.7% compound annual growth rate (CAGR), from $59M to $61M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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