What is Sable Offshore Corp.'s income tax?

Sable Offshore Corp. (SOC) reported income tax of $0 in Q1 2026.

How has Sable Offshore Corp.'s income tax changed year-over-year?

Sable Offshore Corp.'s income tax decreased by 100.0% year-over-year, from $10.88M to $0.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Sable Offshore Corp. SOC Income Tax

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$112K-22.2%

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-$82.27M-3,249%

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Other financials

Income statement

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Revenue$1.3M—

Operating income-$118.8M-98.6%

Net income-$197.0M-79.9%

EPS (diluted)-$1.37-5.4%

Balance sheet

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Cash & equivalents$52.2M-76.8%

Total debt$956.3M+11.9%

Total equity$421.9M+50.3%

Total assets$1.7B+10.7%

Cash flow

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Operating cash flow-$82.2M-71.5%

CapEx$21.1M-66.7%

Free cash flow-$103.3M+7.2%

Valuation

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Market cap$1.22B+7.2%

Enterprise value$2.13B+15.1%

P/S963.1×—

Profitability

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Operating margin-36,761.7%—

Net margin-39,153.7%—

FCF margin-59,902.5%—

Returns & leverage

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Return on equity-141.7%—

Debt / equity2.3×-0.8×

Current ratio0.1×-1.6×

Where this comes from

Reported directly by Sable Offshore Corp. in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Sable Offshore Corp.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sable Offshore Corp.'s income tax?: Sable Offshore Corp. (SOC) reported income tax of $0 in Q1 2026.
How has Sable Offshore Corp.'s income tax changed year-over-year?: Sable Offshore Corp.'s income tax decreased by 100.0% year-over-year, from $10.88M to $0.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.