Seadrill (SDRL) Revenue & Revenue Breakdown

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Seadrill Revenue Highlights

Latest Revenue (Y)

$1.44B

Latest Revenue (Q)

$358.00M

Main Segment (Y)

Reimbursable

Main Geography (Y)

BRAZIL

Seadrill Revenue by Period

Seadrill Revenue by Year

Date	Revenue	Change
2025-12-31	$1.44B	3.75%
2024-12-31	$1.39B	-5.78%
2023-12-31	$1.47B	57.05%
2022-12-31	$936.00M	3.20%
2021-12-31	$907.00M	-5.62%
2020-12-31	$961.00M	-30.76%
2019-12-31	$1.39B	17.43%
2018-12-31	$1.18B	-40.87%
2017-12-31	$2.00B	-32.67%
2016-12-31	$2.97B	-27.69%
2015-12-31	$4.11B	-12.21%
2014-12-31	$4.68B	-5.30%
2013-12-31	$4.94B	14.59%
2012-12-31	$4.31B	-

Seadrill generated $1.44B in revenue during NA 2025, up 3.75% compared to the previous quarter, and up 149.53% compared to the same period a year ago.

Seadrill Revenue by Quarter

Date	Revenue	Change
2026-03-31	$358.00M	-1.10%
2025-12-31	$362.00M	2.84%
2025-09-30	$352.00M	-6.63%
2025-06-30	$377.00M	12.54%
2025-03-31	$335.00M	15.92%
2024-12-31	$289.00M	-18.36%
2024-09-30	$354.00M	-1.67%
2024-06-30	$360.00M	-1.91%
2024-03-31	$367.00M	-5.66%
2023-12-31	$389.00M	-6.04%
2023-09-30	$414.00M	-
2023-06-30	$414.00M	55.64%
2023-03-31	$266.00M	11.76%
2022-12-31	$238.00M	-11.52%
2022-09-30	$269.00M	6.32%
2022-06-30	$253.00M	2.02%
2022-03-31	$248.00M	-34.04%
2021-12-31	$376.00M	69.37%
2021-09-30	$222.00M	1.37%
2021-06-30	$219.00M	-
2021-03-31	$219.00M	92.95%
2020-12-31	$113.50M	-46.08%
2020-09-30	$210.50M	-19.35%
2020-06-30	$261.00M	-15.53%
2020-03-31	$309.00M	-36.55%
2019-12-31	$487.00M	65.08%
2019-09-30	$295.00M	-5.14%
2019-06-30	$311.00M	6.14%
2019-03-31	$293.00M	8.92%
2018-12-31	$269.00M	13.03%
2018-09-30	$238.00M	-27.88%
2018-06-30	$330.00M	-2.94%
2018-03-31	$340.00M	-17.07%
2017-12-31	$410.00M	-13.50%
2017-09-30	$474.00M	-15.21%
2017-06-30	$559.00M	0.54%
2017-03-31	$556.00M	7.75%
2016-12-31	$516.00M	-29.12%
2016-09-30	$728.00M	-14.55%
2016-06-30	$852.00M	-2.41%
2016-03-31	$873.00M	8.31%
2015-12-31	$806.00M	-15.78%
2015-09-30	$957.00M	-14.86%
2015-06-30	$1.12B	-7.79%
2015-03-31	$1.22B	9.43%
2014-12-31	$1.11B	-9.36%
2014-09-30	$1.23B	6.96%
2014-06-30	$1.15B	-3.04%
2014-03-31	$1.19B	-12.55%
2013-12-31	$1.35B	10.61%
2013-09-30	$1.23B	5.79%
2013-06-30	$1.16B	-3.58%
2013-03-31	$1.20B	5.26%
2012-12-31	$1.14B	7.74%
2012-09-30	$1.06B	-

Seadrill generated $358.00M in revenue during Q1 2026, up -1.10% compared to the previous quarter, and up 123.88% compared to the same period a year ago.

Seadrill Revenue Breakdown

Seadrill Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 21	Dec 20
Reimbursable	$58.00M	$70.00M	$32.00M	$35.00M	$37.00M
Product and Service, Other	$3.00M	$5.00M	$45.00M	$32.00M	$30.00M

Seadrill's latest annual revenue breakdown by segment (product or service), as of Dec 25: Reimbursable (95.08%), and Product and Service, Other (4.92%).

Quarterly Revenue by Product

Product/Service	Mar 26	Dec 25	Jun 25	Mar 25	Dec 22	Jun 22	Jun 21	Jun 20	Jun 19	Dec 18	Jun 18
Reimbursable	$10.00M	$27.00M	$16.00M	$15.00M	$27.00M	$12.00M	$17.00M	$10.00M	$44.00M	$21.00M	-
Product and Service, Other	-	-	$3.00M	$39.00M	$9.00M	$12.00M	$5.00M	$24.00M	-	-	-
Management Contract	-	-	-	-	-	-	-	$73.00M	-	-	-
Product And Service Other	-	-	-	-	-	-	-	-	-	$46.00M	-
Management Service	-	-	-	-	-	-	-	-	-	-	-
Other Member	-	-	-	-	-	-	-	-	-	-	$72.00M
Contract	-	-	-	-	-	-	-	-	-	-	$619.00M

Seadrill's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Reimbursable (100.00%).

Seadrill Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 21	Dec 20
ANGOLA	$331.00M	$335.00M	$271.00M	$125.00M	$89.00M
UNITED STATES	$368.00M	$366.00M	$446.00M	$105.00M	$107.00M
Other Geographic Segment	$30.00M	$153.00M	$229.00M	$71.00M	$234.00M
NORWAY	$97.00M	$188.00M	$213.00M	$486.00M	$480.00M
BRAZIL	$611.00M	$343.00M	$343.00M	$121.00M	$51.00M
CANADA	-	-	-	-	-
NIGERIA	-	-	-	-	-
SAUDI ARABIA	-	-	-	$100.00M	$98.00M

Seadrill's latest annual revenue breakdown by geography, as of Dec 25: BRAZIL (42.52%), UNITED STATES (25.61%), ANGOLA (23.03%), NORWAY (6.75%), and Other Geographic Segment (2.09%).

Quarterly Revenue by Country

Country	Mar 26	Dec 25	Jun 25	Mar 25	Dec 22	Jun 22	Jun 21	Jun 20	Jun 19	Dec 18	Jun 18
BRAZIL	$146.00M	$325.00M	$165.00M	$121.00M	$95.00M	$41.00M	$54.00M	$5.00M	$51.00M	$91.00M	$188.00M
NORWAY	$32.00M	$52.00M	$22.00M	$23.00M	$231.00M	$106.00M	$234.00M	$146.00M	$102.00M	$117.00M	$82.00M
UNITED STATES	$103.00M	$181.00M	$106.00M	$81.00M	$146.00M	$56.00M	$46.00M	$30.00M	$14.00M	$34.00M	$30.00M
ANGOLA	$77.00M	$166.00M	$84.00M	$81.00M	$220.00M	$97.00M	$53.00M	$32.00M	$34.00M	$29.00M	$100.00M
Other Geographic Segment	-	$1.00M	$29.00M	$53.00M	$17.00M	$23.00M	$33.00M	$32.00M	$84.00M	-	-
CANADA	-	-	-	-	$98.00M	$29.00M	-	-	-	-	-
SAUDI ARABIA	-	-	-	-	-	$44.00M	$42.00M	$31.00M	$35.00M	$78.00M	$79.00M
NIGERIA	-	-	-	-	-	-	-	-	$53.00M	$108.00M	$105.00M
Others	-	-	-	-	-	-	-	-	-	-	$128.00M

Seadrill's latest quarterly revenue breakdown by geography, as of Mar 26: BRAZIL (40.78%), UNITED STATES (28.77%), ANGOLA (21.51%), and NORWAY (8.94%).

Seadrill Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CSAN	Cosan	$39.47B	$9.84B
BTE	Baytex Energy	$3.38B	$775.02M
NOG	Northern Oil and Gas	$2.48B	$544.09M
GEL	Genesis Energy	$1.63B	$446.56M
XPRO	Expro Group	$1.61B	$367.57M
TRMD	TORM	$1.55B	$444.10M
SDRL	Seadrill	$1.44B	$358.00M
TNK	Teekay Tankers	$1.36B	$338.34M
SEDG	SolarEdge	$1.18B	$310.50M
BKV	BKV	$895.64M	$432.85M
DHT	DHT	$556.08M	$145.88M

SDRL Revenue FAQ

What is Seadrill’s yearly revenue?

Seadrill's yearly revenue for 2025 was $1.44B, representing an increase of 3.75% compared to 2024. The company's yearly revenue for 2024 was $1.38B, representing a decrease of -5.78% compared to 2023. SDRL's yearly revenue for 2023 was $1.47B, representing an increase of 57.05% compared to 2022.

What is Seadrill’s quarterly revenue?

Seadrill's quarterly revenue for Q1 2026 was $358M, a -1.10% decrease from the previous quarter (Q4 2025), and a 6.87% increase year-over-year (Q1 2025). The company's quarterly revenue for Q4 2025 was $362M, a 2.84% increase from the previous quarter (Q3 2025), and a 25.26% increase year-over-year (Q4 2024). SDRL's quarterly revenue for Q3 2025 was $352M, a -6.63% decrease from the previous quarter (Q2 2025), and a -0.56% decrease year-over-year (Q3 2024).

What is Seadrill’s revenue growth rate?

Seadrill's revenue growth rate for the last 3 years (2023-2025) was -2.24%, and for the last 5 years (2021-2025) was 58.43%.

What are Seadrill’s revenue streams?

Seadrill's revenue streams in c 25 are Reimbursable, and Product and Service, Other. Reimbursable generated $58M in revenue, accounting 95.08% of the company's total revenue, down -17.14% year-over-year. Product and Service, Other generated $3M in revenue, accounting 4.92% of the company's total revenue, down -40.00% year-over-year.

What is Seadrill’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Seadrill was Reimbursable. This segment made a revenue of $58M, representing 95.08% of the company's total revenue.