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Seadrill SDRL Norway — Revenue

Other geography segments

Brazil
$121M—
Angola
$81M—
United States
$81M—

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OIIOffshore Projects Group — Revenue
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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$2.49B+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:Revenues.

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 norway — revenue?
Seadrill (SDRL) reported norway — revenue of $32M in Q1 2026.
How has Seadrill's norway — revenue changed year-over-year?
Seadrill's norway — revenue increased by 39.1% year-over-year, from $23M to $32M.
What is the long-term trend for Seadrill's norway — revenue?
Over 2 years (2023 to 2025), Seadrill's norway — revenue has grown at a -32.5% compound annual growth rate (CAGR), from $213M to $97M.
What does norway — revenue mean?
This metric represents the total gross income generated from offshore drilling services and related operations within the Norway geographic segment. It reflects the company's market penetration and contract performance in this specific region, serving as a key indicator of regional demand for drilling assets. Fluctuations in this figure highlight the impact of regional contract renewals, day rates, and operational utilization levels.