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Seadrill SDRL Other revenues — Revenue

Other product segments

Reimbursable revenues and expenses
$10M-33.3%

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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$2.6B+40.7%
Enterprise value$2.9B+41.7%
P/S1.8×+0.4×

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:RevenueNotFromContractWithCustomer.

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
Reimbursable revenues (1)1015
Management contract revenues (1)6361
Leasing revenues (1)88
Other revenues3
Total operating revenues358335
Operating expenses
Vessel and rig operating expenses(181)(179)
Reimbursable expenses(10)(15)

Item 1. Financial Statements.

FAQ

What is Seadrill's other revenues — revenue?
Seadrill (SDRL) reported other revenues — revenue of $0 in Q1 2026.
How has Seadrill's other revenues — revenue changed year-over-year?
Seadrill's other revenues — revenue decreased by 100.0% year-over-year, from $3M to $0.
What is the long-term trend for Seadrill's other revenues — revenue?
Over 2 years (2023 to 2025), Seadrill's other revenues — revenue has grown at a -50.0% compound annual growth rate (CAGR), from $12M to $3M.
What does other revenues — revenue mean?
This metric represents the total revenue generated from ancillary services or non-core business activities that fall outside the company's primary offshore drilling operations. It typically includes income from reimbursable costs, secondary support services, or miscellaneous contract adjustments provided to clients. Monitoring this segment helps investors understand the scale of secondary revenue streams and the extent to which the company recovers operational expenses from its drilling partners.

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