Filing Flows › Sable Offshore (SOC) › Q1 2026
Sable Offshore (SOC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Sable Offshore (SOC) reported revenue of $1.3M for the first quarter 2026 (Q1 2026).
Sable Offshore, Q1 2026: revenue $1.3M, net loss $197M, operating cash flow −$82.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3M | — | — |
| Operating profit | −$119M | — | — |
| Net earnings | −$197M | — | — |
| Operating cash flow | −$82.2M | — | — |
What changed
Revenue was $1.3M in Q1 2026.
Operating costs exceeded revenue by $118.8M, an operating margin of -9343.4%. The quarter ended with a net loss of $197.0M.
Operating cash flow was −$82.2M. Non-cash charges added back $3.9M of depreciation and amortization and $15.0M of share-based compensation. Working capital and other items added $95.8M. Capital expenditures of $21.1M exceeded it, leaving free cash flow of −$103.3M.
Questions
What was Sable Offshore's revenue in the first quarter 2026?
Sable Offshore (SOC) reported revenue of $1.3M for the first quarter 2026 (Q1 2026).
Source: Sable Offshore 10-Q on SEC EDGAR.