Seadrill SDRL Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Cost of Product and Service Sold by Product | ||||||
| Reimbursable revenues and expenses | $10M-33.3% | $16M+6.7% | $11M-42.1% | $16M+14.3% | $15M-25.0% | |
| Vessel and rig operating expenses | $181M+1.1% | $186M+13.4% | $191M+11.0% | $180M+9.1% | $179M-0.6% | |
| Revenue by Geography | ||||||
| Angola | $77M-4.9% | $86M+7.5% | $79M-8.1% | $84M-9.7% | $81M+5.2% | |
| Brazil | $146M+20.7% | $166M+86.5% | $160M+92.8% | $165M+101% | $121M+36.0% | |
| Norway | $32M+39.1% | $26M0.0% | $26M-45.8% | $22M-63.9% | $23M-57.4% | |
| Other | $0-100% | $1M-94.4% | $0-100% | $0-100% | $29M-44.2% | |
| United States | $103M+27.2% | $84M+10.5% | $98M-10.1% | $106M+23.3% | $81M-14.7% |
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.
