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-15.9% | $58M-14.7% | $57M-14.6% | $65M+5.7% | $63M+2.9% | |
| Vessel and rig operating expenses | $738M+8.5% | $736M+8.1% | $714M+3.0% | $695M-0.4% | $680M-4.1% | |
| Revenue by Geography | ||||||
| Angola | $326M-4.1% | $330M-1.8% | $324M+0.1% | $331M+8.3% | $340M+21.3% | |
| Brazil | $637M+69.9% | $612M+78.4% | $535M+57.5% | $458M+33.7% | $375M+8.3% | |
| Norway | $106M-32.9% | $97M-48.7% | $97M-55.1% | $119M-46.3% | $158M-26.1% | |
| Other | $1M-98.9% | $30M-73.0% | $47M-68.7% | $75M-58.2% | $88M-60.7% | |
| United States | $391M+11.1% | $369M+0.8% | $361M-10.1% | $372M-7.9% | $352M-18.0% |
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.
