Jun 2026 (Q2 FY26) — Aug 10, 2026
Seadrill Q2 FY26 — Strong Operational Execution Drives Raised Guidance and Shareholder Returns
Read the full callSeadrill (SDRL) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Seadrill earnings: last reported Mon, 10 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 449 | +19.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 16.0 | +14.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 29.0 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
$47.25 +2.07% · +$0.96
Performance +54.9% 1Y
1Y: $30.5 on 15 Oct 2025 → $47.25. High $54.8 (18 May 2026), low $28.4 (10 Nov 2025).
- Previous close
- $46.29
- 52-week range
- $28.4 – $54.8
- One year
- +60.77%
Overview
- Symbol
- SDRL
- Sector
- Energy
- Exchange
- US
- Currency
- USD
Call summaries
Every analysed call
Seadrill earnings calls (SDRL)
Financials
What the filings say
Net profit, year on year: +169% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 354 | 289 | 335 | 377 | 363 | 362 | 358 | 449 |
| Expenses | 307 | 323 | 317 | 371 | 337 | 344 | 334 | 377 |
| Operating profit | 47 | -3 | 18 | 6 | 26 | -3 | 24 | 72 |
| Operating margin | 13.3% | −1.0% | 5.4% | 1.6% | 7.2% | −0.8% | 6.7% | 16.0% |
| Other income | -8 | -29 | -17 | -19 | -26 | -36 | -8 | -31 |
| Interest | 15 | 15 | 15 | 15 | 15 | 16 | 15 | 16 |
| Profit before tax | 39 | -32 | 1 | -13 | 0 | -39 | 16 | 41 |
| Tax rate | 17.9% | 415.6% | 1500.0% | −223.1% | — | 74.4% | 143.8% | 29.3% |
| Net profit | 32 | 101 | -14 | -42 | -11 | -10 | -7 | 29 |
| EPS ($ per share) | 0.49 | — | -0.23 | -0.68 | -0.17 | — | -0.11 | 0.47 |
| Line item | Dec 2017 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Equity capital | 1,017 | 10 | 10 | 10 | 1 | 1 | 1 |
| Reserves | 225 | -1,851 | -6,628 | -7,215 | 501 | 947 | 870 |
| Total liabilities | 11,023 | 7,629 | 7,118 | 7,613 | 1,235 | 1,238 | 1,089 |
| Fixed assets | 13,464 | — | — | — | — | — | — |
| Investments | 124 | 11 | 8 | — | — | — | — |
| Total assets | 17,982 | 9,279 | 3,978 | 3,897 | 4,218 | 4,156 | 3,947 |
| Line item | Dec 2017 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | 399 | -256 | -420 | -154 | 287 | 88 | -28 |
| Cash from investing | 358 | -26 | -32 | 37 | 42 | 226 | -113 |
| Cash from financing | -846 | -367 | -163 | 0 | -200 | -532 | -3 |
| Net cash flow | -84 | -646 | -634 | -119 | 130 | -223 | -140 |
| Capital expenditure | -150 | -153 | -137 | -84 | — | — | — |
| Free cash flow | 249 | -409 | -557 | -238 | — | — | — |
Insider filings
47 filings between Dec 31, 2025 and Jun 11, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$5.44M
6 sales by 4 insiders
Compensation
not trading decisions- 25
- Option exercise — converted options into shares
- 16
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Sauer-Petersen Torsten | — | $1.90M | Jun 10, 2026 |
| Creed Grant R | — | $1.53M | Jun 11, 2026 |
| Strickler Todd D | — | $1.40M | Jun 10, 2026 |
| Wieggers Marcel | — | $605.6K | Jun 11, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jun 11, 2026 | Creed Grant R Executive Vice President & CFO | Sale | 6,195 | $273.8K |
| Jun 11, 2026 | Creed Grant R Executive Vice President & CFO | Sale | 27,952 | $1.26M |
| Jun 11, 2026 | Wieggers Marcel Senior VP, Operations | Sale | 13,474 | $605.5K |
| Jun 11, 2026 | Wieggers Marcel Senior VP, Operations | Sale | 1 | $45 |
| Jun 10, 2026 | Strickler Todd D SVP & General Counsel | Sale | 31,409 | $1.40M |
| Jun 10, 2026 | Sauer-Petersen Torsten See Remarks | Sale | 42,625 | $1.90M |
| May 14, 2026 | Quarls Harry Director | Option exercise | 4,860 | — |
| May 14, 2026 | Smith Paul Norman Director | Option exercise | 4,860 | — |
| May 14, 2026 | ROBERTSON JULIE J Director | Option exercise | 6,075 | — |
| May 14, 2026 | Swinney Jonathan Director | Option exercise | 4,860 | — |
| May 14, 2026 | MCCOLLUM MARK A Director | Option exercise | 4,860 | — |
| May 14, 2026 | Zambelli Ana Director | Option exercise | 4,860 | — |
| May 14, 2026 | SCHULTZ ANDREW ELIOT Director | Option exercise | 4,860 | — |
| May 14, 2026 | Kjaervik Jan Director | Option exercise | 4,860 | — |
| May 14, 2026 | CAHUZAC JEAN Director | Option exercise | 4,860 | — |
| Apr 27, 2026 | Ali Samir H President & CEO | Tax withheld | 3,130 | $150.6K |
| Apr 27, 2026 | Sauer-Petersen Torsten See Remarks | Tax withheld | 3,130 | $150.6K |
| Apr 27, 2026 | Creed Grant R Executive Vice President & CFO | Tax withheld | 4,816 | $231.6K |
| Apr 27, 2026 | Wieggers Marcel Senior VP, Operations | Tax withheld | 1,937 | $93.2K |
| Apr 27, 2026 | Strickler Todd D SVP & General Counsel | Tax withheld | 3,130 | $150.6K |
| Apr 25, 2026 | Creed Grant R Executive Vice President & CFO | Option exercise | 12,238 | — |
| Apr 25, 2026 | Sauer-Petersen Torsten See Remarks | Option exercise | 7,954 | — |
| Apr 25, 2026 | Wieggers Marcel Senior VP, Operations | Option exercise | 7,954 | — |
| Apr 25, 2026 | Ali Samir H President & CEO | Option exercise | 7,954 | — |
| Apr 25, 2026 | Strickler Todd D SVP & General Counsel | Option exercise | 7,954 | — |
| Apr 17, 2026 | Strickler Todd D SVP & General Counsel | Option exercise | 3,913 | — |
| Apr 17, 2026 | Strickler Todd D SVP & General Counsel | Tax withheld | 1,540 | $71.1K |
| Apr 17, 2026 | Wieggers Marcel Senior VP, Operations | Option exercise | 3,913 | — |
| Apr 17, 2026 | Wieggers Marcel Senior VP, Operations | Tax withheld | 953 | $44.0K |
| Apr 17, 2026 | Creed Grant R Executive Vice President & CFO | Option exercise | 6,020 | — |
| Apr 17, 2026 | Creed Grant R Executive Vice President & CFO | Tax withheld | 2,393 | $110.5K |
| Apr 17, 2026 | Sauer-Petersen Torsten See Remarks | Option exercise | 3,913 | — |
| Apr 17, 2026 | Sauer-Petersen Torsten See Remarks | Tax withheld | 1,540 | $71.1K |
| Apr 17, 2026 | Ali Samir H President & CEO | Option exercise | 3,913 | — |
| Apr 17, 2026 | Ali Samir H President & CEO | Tax withheld | 1,540 | $71.1K |
| Feb 2, 2026 | Wieggers Marcel Senior VP, Operations | Tax withheld | 193 | $7.4K |
| Feb 1, 2026 | Wieggers Marcel Senior VP, Operations | Option exercise | 651 | — |
| Dec 31, 2025 | Ali Samir H EVP & Chief Commercial Officer | Option exercise | 11,951 | — |
| Dec 31, 2025 | Ali Samir H EVP & Chief Commercial Officer | Tax withheld | 3,262 | $112.9K |
| Dec 31, 2025 | Sauer-Petersen Torsten See Remarks | Option exercise | 11,951 | — |
| Dec 31, 2025 | Sauer-Petersen Torsten See Remarks | Tax withheld | 3,560 | $123.2K |
| Dec 31, 2025 | Strickler Todd D SVP & General Counsel | Option exercise | 11,951 | — |
| Dec 31, 2025 | Strickler Todd D SVP & General Counsel | Tax withheld | 3,262 | $112.9K |
| Dec 31, 2025 | Creed Grant R Executive Vice President & CFO | Option exercise | 15,037 | — |
| Dec 31, 2025 | Creed Grant R Executive Vice President & CFO | Tax withheld | 4,847 | $167.7K |
| Dec 31, 2025 | Johnson Simon President & CEO | Option exercise | 54,177 | — |
| Dec 31, 2025 | Johnson Simon President & CEO | Tax withheld | 22,507 | $778.7K |
| Sep 25, 2025 | Sauer-Petersen Torsten See Remarks | Tax withheld | 2,426 | $76.2K |
| Sep 25, 2025 | Strickler Todd D SVP & General Counsel | Option exercise | 6,124 | — |
| Sep 25, 2025 | Strickler Todd D SVP & General Counsel | Tax withheld | 2,410 | $75.6K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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