Seadrill SDRL Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Cost of Product and Service Sold by Product | ||||||
| Reimbursable revenues and expenses | $53M-8.6% | $58M+1.8% | $57M-12.3% | $65M+3.2% | $63M-7.4% | |
| Vessel and rig operating expenses | $738M+0.3% | $736M+3.1% | $714M+2.7% | $695M+2.2% | $680M-0.1% | |
| Revenue by Geography | ||||||
| Angola | $326M-1.2% | $330M+1.9% | $324M-2.1% | $331M-2.6% | $340M+1.2% | |
| Brazil | $637M+4.1% | $612M+14.4% | $535M+16.8% | $458M+22.1% | $375M+9.3% | |
| Norway | $106M+9.3% | $97M0.0% | $97M-18.5% | $119M-24.7% | $158M-16.4% | |
| Other | $1M-96.7% | $30M-36.2% | $47M-37.3% | $75M-14.8% | $88M-20.7% | |
| United States | $391M+6.0% | $369M+2.2% | $361M-3.0% | $372M+5.7% | $352M-3.8% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Seadrill break its business down?
- Seadrill (SDRL) reports cost of product and service sold by product across 2 parts — Reimbursable revenues and expenses and Vessel and rig operating expenses. Each is extracted from the segment footnotes and tracked over time.
- Where does Seadrill's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Seadrill's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.