The financials
Seadrill Limited by the numbers
Seadrill Limited (SDRL) reported revenue of $449M in Q2 2026 (quarter ended June 30, 2026), up 19% from the same quarter a year earlier. That came with net income of $29M (6.5% of revenue). For the full year FY2025, revenue was $1.44B (+3.8% year on year) and net income −$77M. Its largest region in 2026-Q2 was Brazil at $174M, 46% of the disclosed total, just ahead of United States at 31%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $449M | $377M | +19% |
| Operating income | $72M | $6.0M | +1100% |
| Net income | $29M | −$42M | to a profit |
| Diluted EPS | $0.47 | −$0.68 | to a profit |
| Geographic | Revenue | Share |
|---|---|---|
| Brazil | $174M | 46% |
| United States | $118M | 31% |
| Angola | $87M | 23% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $379.0M (+5.9%)
United States grew +11% year on yearAngola +3.6% year on year
Segment Latestquarter on quarteryear on year
- Brazil$174.0M$174.0MQoQ +19%year on year +5.5%+19%+5.5%
- United States$118.0M$118.0MQoQ +15%year on year +11%+15%+11%
- Angola$87.0M$87.0MQoQ +13%year on year +3.6%+13%+3.6%
- Indonesia--QoQ -year on year ---
- Norway--QoQ -year on year ---