Seadrill Limited (SDRL) Financials
Key financial figures for Seadrill Limited (Q3 2026).
Seadrill raised full-year 2026 revenue and Adjusted EBITDA guidance and generated $179M of free cash flow, while a legal provision pushed Q3 to a $30M net loss. Total operating revenues were $428M, up from $363M in Q3 2025 (calculated +18%) and down from $449M in Q2 2026, on fewer West Carina operating days and time between contracts for the West Vela, West Elara and Sevan Louisiana, partly offset by the West Tellus starting its long-term contract in June. Net loss was $30M ($0.49 diluted loss per share), against net income of $29M in Q2 2026 and a $11M loss in Q3 2025; the release says the loss includes a legal provision booked in the quarter. Operating profit was $44M, versus $26M a year earlier. On the outlook: Full year 2026 Total operating revenues raised to $1.56-$1.58 billion excluding $90 million of Reimbursable revenues (previously $1.50-$1.55 billion excluding $50 million); Adjusted EBITDA raised to $440-$460 million (previously $420-$450 million); Capital Expenditure and Long-Term Maintenance narrowed to $210-$230 million (previously $200-$240 million). Figures are for Q3 2026, as Seadrill Ltd. reported them.
- Revenue
- $428M
- Net Income
- -$30M
- EPS
- $-0.49
- Total Assets
- $4.2B
- Operating Cash Flow
- $195M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $428M | -$30M | -$0.49 | 10.28% | $179M |
| Q2 FY2026 | $449M | $29M | $0.47 | 16.04% | |
| Q1 FY2026 | $358M | -$7M | -$0.11 | 6.98% | -$35M |
| Q4 FY2025 | $362M | -$10M | -$0.16 | 5.25% | -$85M |
| Q3 FY2025 | $352M | -$11M | -$0.17 | 7.39% | $9M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $1.4B | -$77M | -$1.24 | 4.87% | -$138M |
| FY2024 | $1.4B | $446M | $6.37 | 29.75% | -$69M |
| FY2023 | $1.5B | $300M | $4.05 | 22.38% | $186M |
Frequently asked questions
What was Seadrill Ltd.'s revenue last quarter?
Seadrill Ltd. reported revenue of $428.0 million for Q3 FY2026, up 21.6% from the same period a year earlier.
Is Seadrill Ltd. profitable?
Not in its most recent reported period. Seadrill Ltd. reported a net loss of $30.0 million for Q3 FY2026, a net margin of -7.01% on revenue.
How has Seadrill Ltd.'s margin trended?
Operating margin was 10.28% in Q3 FY2026, compared with 7.39% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Seadrill Ltd. generate?
Seadrill Ltd. generated free cash flow of $179.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Seadrill Limited on SentiSense, with up to forty quarters and twenty fiscal years of history.