Filing Flows › Seadrill (SDRL) › Q3 2026 › vs Q2 2026
Seadrill (SDRL) Q3 2026 vs Q2 2026 (quarter over quarter)
Seadrill's revenue fell $21.0M (-5%) from $449M in Q2 2026 to $428M in Q3 2026.
Seadrill, Q3 2026: revenue $428M (+18% year over year), operating margin 10.3%, net loss $30.0M, operating cash flow $195M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $428M | $449M | −$21.0M | -5% |
| Net loss | $30.0M | −$29.0M | $59.0M | — |
| Costs & expenses | $458M | $449M | $9.0M | +2% |
| Operating costs | $384M | $377M | $7.0M | +2% |
| Interest & other, net | $55.0M | $31.0M | $24.0M | +77% |
| Income tax | $19.0M | $12.0M | $7.0M | +58% |
| SG&A | $25.0M | $29.0M | −$4.0M | -14% |
| Other operating costs | $359M | $348M | $11.0M | +3% |
| Operating cash sources | $225M | −$47.0M | $272M | — |
| Depreciation & amortization | $77.0M | $72.0M | $5.0M | +7% |
| Share-based compensation | $4.0M | $5.0M | −$1.0M | -20% |
| Working capital & other | $144M | −$124M | $268M | — |
| Net loss absorbed | $30.0M | −$29.0M | $59.0M | — |
| Operating cash flow | $195M | −$18.0M | $213M | — |
Questions
How much did Seadrill's revenue grow quarter over quarter in Q3 2026?
Seadrill's revenue fell $21.0M (-5%) from $449M in Q2 2026 to $428M in Q3 2026.