Seadrill Ltd
F:P4F
Income Statement
Earnings Waterfall
Seadrill Ltd
Income Statement
Seadrill Ltd
| Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Interest Expense |
59
|
58
|
61
|
61
|
61
|
61
|
60
|
60
|
|
| Revenue |
1 502
N/A
|
1 603
+7%
|
1 564
-2%
|
1 504
-4%
|
1 385
-8%
|
1 353
-2%
|
1 355
+0%
|
1 364
+1%
|
|
| Gross Profit | |||||||||
| Cost of Revenue |
(934)
|
(1 006)
|
(985)
|
(978)
|
(924)
|
(925)
|
(994)
|
(1 009)
|
|
| Gross Profit |
568
N/A
|
597
+5%
|
579
-3%
|
526
-9%
|
461
-12%
|
428
-7%
|
361
-16%
|
355
-2%
|
|
| Operating Income | |||||||||
| Operating Expenses |
(229)
|
(226)
|
(242)
|
(252)
|
(259)
|
(290)
|
(305)
|
(321)
|
|
| Selling, General & Administrative |
(74)
|
(85)
|
(95)
|
(102)
|
(107)
|
(105)
|
(107)
|
(107)
|
|
| Depreciation & Amortization |
(155)
|
(157)
|
(163)
|
(166)
|
(168)
|
(185)
|
(198)
|
(214)
|
|
| Other Operating Expenses |
0
|
16
|
16
|
16
|
16
|
0
|
0
|
0
|
|
| Operating Income |
339
N/A
|
371
+9%
|
337
-9%
|
274
-19%
|
202
-26%
|
138
-32%
|
56
-59%
|
34
-39%
|
|
| Pre-Tax Income | |||||||||
| Interest Income Expense |
13
|
15
|
(12)
|
(31)
|
(45)
|
(44)
|
(26)
|
(37)
|
|
| Non-Reccuring Items |
(10)
|
(13)
|
200
|
193
|
210
|
212
|
12
|
13
|
|
| Total Other Income |
(25)
|
(32)
|
(33)
|
(17)
|
(34)
|
(42)
|
(47)
|
(54)
|
|
| Pre-Tax Income |
317
N/A
|
341
+8%
|
492
+44%
|
419
-15%
|
333
-21%
|
264
-21%
|
(5)
N/A
|
(44)
-780%
|
|
| Net Income | |||||||||
| Tax Provision |
(17)
|
(26)
|
(16)
|
(1)
|
113
|
108
|
82
|
78
|
|
| Income from Continuing Operations |
300
|
315
|
476
|
418
|
446
|
372
|
77
|
34
|
|
| Net Income (Common) |
300
N/A
|
317
+6%
|
476
+50%
|
418
-12%
|
446
+7%
|
372
-17%
|
77
-79%
|
34
-56%
|
|
| EPS (Diluted) |
4.05
N/A
|
4.22
+4%
|
6.52
+55%
|
5.97
-8%
|
6.28
+5%
|
6
-4%
|
1.24
-79%
|
0.54
-56%
|
|