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Seadrill Ltd income statement

In fiscal 2025, Seadrill Ltd reported revenue of $1.44bn, up 3.8% on the year before, operating income of $47.0m (a 3.3% margin) and net income of −$77.0m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Seadrill Ltd: income statement, annual
Fiscal year2017Dec 20172019Dec 20192020Dec 20202021Dec 20212023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue2,0881,3889619071,5021,3851,4371,532
Selling, general and administrative27795746774107103108
Operating income−728−295−4,481−15632941247119
Interest expense28542139810959616162
Net interest income−285−487−469—————
Income before tax−3,036−760−4,431−572317333−5118
Income tax66−40−1017−1132617
Net income−2,973−1,219−4,659−587300446−771
Diluted EPS−$29.45−$12.18−$46.43−$5.85$4.12$6.37—$0.02
Diluted shares (average)101m100m100m100m74m71m65m65m
EBITDA70131−4,162−29484580285389

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Seadrill Ltd's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Seadrill Ltd.