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Other financials

Income statement

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Revenue$137.1M
Operating income-$66.9M+48.1%
Net income-$64.2M+49.9%
EPS (diluted)-$0.42+70.0%

Balance sheet

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Cash & equivalents$21.6M-92.4%
Total debt$1.2B+37.7%
Total equity$395.0M-11.4%
Total assets$1.8B-0.6%

Cash flow

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Operating cash flow-$82.2M-71.5%
CapEx$31.5M-75.7%
Free cash flow-$22.1M+90.2%

Valuation

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Market cap$918.25M-69.3%
Enterprise value$2.1B-41.4%
P/S6.6×

Profitability

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Operating margin-292.8%
Net margin-313.4%
FCF margin-403.7%

Returns & leverage

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Return on equity-103.2%-43.8pp
Debt / equity3.1×+1.1×
Current ratio0.2×0.0×

Where this comes from

Reported directly by Sable Offshore Corp. in its filing.

Tagged under the XBRL concept us-gaap:EarningsPerShareBasic.

The source filing: Sable Offshore Corp.’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 5:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001831481-26-000104
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Interest expense43,06621,00977,73442,019
Total other (income) expense, net(29,655)(8,645)48,61730,220
Loss before income taxes(37,239)(120,243)(234,265)(218,904)
Income tax expense26,9777,82326,97718,706
Net loss$(64,216)$(128,066)$(261,242)$(237,610)
Basic and diluted net loss per Common Stock
Weighted average Common Stock outstanding, basic and diluted153,470,12591,224,345148,597,56787,849,286
Basic and diluted net loss per Common Stock$(0.42)$(1.40)$(1.76)$(2.70)

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Sable Offshore Corp.'s EPS (basic)?
Sable Offshore Corp. (SOC) reported EPS (basic) of -$0.42 in Q2 2026.
How has Sable Offshore Corp.'s EPS (basic) changed year-over-year?
Sable Offshore Corp.'s EPS (basic) increased by 70.0% year-over-year, from -$1.40 to -$0.42.
What is the long-term trend for Sable Offshore Corp.'s EPS (basic)?
Over 4 years (2021 to 2025), Sable Offshore Corp.'s EPS (basic) has grown at a 134.0% compound annual growth rate (CAGR), from $0.14 to -$4.20.
What does EPS (basic) mean?
Net income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Does not account for dilutive securities.

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