Seadrill Ltd — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Seadrill Ltd filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.44B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.39B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $1.50B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $843.00M | Feb 27, 2025 |
| FY2024 | Feb 22, 2022 | $169.00M | Feb 27, 2025 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.09B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.01B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $1.15B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $574.00M | Feb 27, 2025 |
| FY2024 | Feb 22, 2022 | $124.00M | Feb 27, 2025 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($77.00M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $446.00M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $300.00M | Feb 26, 2026 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $47.00M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $412.00M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $329.00M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $35.00M | Feb 27, 2025 |
| FY2024 | Feb 22, 2022 | $37.00M | Feb 27, 2025 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $103.00M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $107.00M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $74.00M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $54.00M | Feb 27, 2025 |
| FY2024 | Feb 22, 2022 | $6.00M | Feb 27, 2025 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($28.00M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $88.00M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $287.00M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $65.00M | Feb 27, 2025 |
| FY2024 | Feb 22, 2022 | ($56.00M) | Feb 27, 2025 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.95B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $4.16B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $4.22B | Feb 27, 2025 |
| FY2024 | Feb 23, 2022 | $2.98B | Feb 27, 2025 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.86B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $2.92B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $2.98B | Feb 26, 2026 |
| FY2025 | Dec 31, 2022 | $1.70B | Feb 26, 2026 |
| FY2024 | Feb 23, 2022 | $1.50B | Feb 27, 2025 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $870.00M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $947.00M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $501.00M | Feb 27, 2025 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $339.00M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $478.00M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $697.00M | Feb 27, 2025 |
| FY2024 | Dec 31, 2022 | $480.00M | Feb 27, 2025 |
| FY2024 | Feb 23, 2022 | $336.00M | Feb 27, 2025 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $613.00M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $610.00M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $608.00M | Feb 27, 2025 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | 6 | Feb 27, 2025 |
| FY2024 | Dec 31, 2023 | 4 | Feb 27, 2025 |
| FY2024 | Dec 31, 2022 | 4 | Feb 27, 2025 |
| FY2024 | Feb 22, 2022 | 36 | Feb 27, 2025 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | 6 | Feb 27, 2025 |
| FY2024 | Dec 31, 2023 | 4 | Feb 27, 2025 |
| FY2024 | Dec 31, 2022 | 3 | Feb 27, 2025 |
| FY2024 | Feb 22, 2022 | 36 | Feb 27, 2025 |