Seadrill (SDRL) Revenue & Revenue Breakdown


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Seadrill Revenue Highlights


Latest Revenue (Y)

$1.39B

Latest Revenue (Q)

$354.00M

Main Segment (Y)

Reimbursable

Main Geography (Y)

UNITED STATES

Seadrill Revenue by Period


Seadrill Revenue by Year

DateRevenueChange
2024-12-31$1.39B-5.78%
2023-12-31$1.47B50.46%
2022-12-31$977.00M16.31%
2021-12-31$840.00M-6.04%
2020-12-31$894.00M-25.56%
2019-12-31$1.20B1.61%
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$4.94B14.59%
2012-12-31$4.31B-

Seadrill generated $1.39B in revenue during NA 2024, up -5.78% compared to the previous quarter, and up 115.32% compared to the same period a year ago.

Seadrill Revenue by Quarter

DateRevenueChange
2024-09-30$354.00M-1.67%
2024-06-30$360.00M0.90%
2024-03-31$356.78M-17.80%
2023-12-31$434.02M4.84%
2023-09-30$414.00M4.02%
2023-06-30$398.00M57.31%
2023-03-31$253.00M4.55%
2022-12-31$242.00M-10.04%
2022-09-30$269.00M13.03%
2022-06-30$238.00M-19.12%
2022-03-31$294.26M16.31%
2021-12-31$253.00M13.96%
2021-09-30$222.00M37.04%
2021-06-30$162.00M-26.03%
2021-03-31$219.00M92.95%
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$487.00M65.08%
2019-09-30$295.00M-5.14%
2019-06-30$311.00M6.14%
2019-03-31$293.00M8.92%
2018-12-31$269.00M13.03%
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$559.00M0.54%
2017-03-31$556.00M7.75%
2016-12-31$516.00M-29.12%
2016-09-30$728.00M-14.55%
2016-06-30$852.00M-2.41%
2016-03-31$873.00M8.31%
2015-12-31$806.00M-15.78%
2015-09-30$957.00M-14.86%
2015-06-30$1.12B-7.79%
2015-03-31$1.22B9.43%
2014-12-31$1.11B-9.36%
2014-09-30$1.23B6.96%
2014-06-30$1.15B-3.04%
2014-03-31$1.19B-12.55%
2013-12-31$1.35B10.61%
2013-09-30$1.23B5.79%
2013-06-30$1.16B-3.58%
2013-03-31$1.20B5.26%
2012-12-31$1.14B7.74%
2012-09-30$1.06B-

Seadrill generated $354.00M in revenue during Q3 2024, up -1.67% compared to the previous quarter, and up 88.94% compared to the same period a year ago.

Seadrill Revenue Breakdown


Seadrill Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 21Dec 20Dec 19
Reimbursable$70.00M$32.00M$35.00M$37.00M$264.00M
Product and Service, Other$5.00M$45.00M$32.00M$30.00M$109.00M

Seadrill's latest annual revenue breakdown by segment (product or service), as of Dec 24: Reimbursable (93.33%), and Product and Service, Other (6.67%).

Quarterly Revenue by Product

Product/ServiceDec 22Jun 22Jun 21Jun 20Jun 19Dec 18Jun 18
Product and Service, Other$39.00M$9.00M$12.00M$5.00M$24.00M--
Reimbursable$27.00M$12.00M$17.00M$10.00M$44.00M$21.00M-
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 Dec 22: Product and Service, Other (59.09%), and Reimbursable (40.91%).

Seadrill Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 21Dec 20Dec 19
Other Geographic Segment$153.00M$229.00M$71.00M$234.00M$165.00M
NORWAY$188.00M$213.00M$486.00M$480.00M$469.00M
BRAZIL$343.00M$343.00M$121.00M$51.00M$137.00M
ANGOLA$335.00M$271.00M$125.00M$89.00M$215.00M
UNITED STATES$366.00M$446.00M$105.00M$107.00M$74.00M
CANADA-----
SAUDI ARABIA--$100.00M$98.00M$130.00M
NIGERIA----$198.00M

Seadrill's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (26.43%), BRAZIL (24.77%), ANGOLA (24.19%), NORWAY (13.57%), and Other Geographic Segment (11.05%).

Quarterly Revenue by Country

CountryDec 22Jun 22Jun 21Jun 20Jun 19Dec 18Jun 18
ANGOLA$220.00M$97.00M$53.00M$32.00M$34.00M$29.00M$100.00M
Other Geographic Segment$53.00M$17.00M$23.00M$33.00M$32.00M$84.00M-
UNITED STATES$146.00M$56.00M$46.00M$30.00M$14.00M$34.00M$30.00M
NORWAY$231.00M$106.00M$234.00M$146.00M$102.00M$117.00M$82.00M
CANADA$98.00M$29.00M-----
BRAZIL$95.00M$41.00M$54.00M$5.00M$51.00M$91.00M$188.00M
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 Dec 22: NORWAY (27.40%), ANGOLA (26.10%), UNITED STATES (17.32%), CANADA (11.63%), BRAZIL (11.27%), and Other Geographic Segment (6.29%).

Seadrill Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
PTENPatterson-UTI Energy$5.38B$1.36B
NENoble$3.06B$800.55M
NBRNabors Industries$2.97B$743.31M
HPHelmerich & Payne$2.76B$677.30M
PDSPrecision Drilling$1.94B$527.79M
SDRLSeadrill$1.39B$354.00M
BORRBorr Drilling$800.73M$227.49M
RIGTransocean-$948.00M

SDRL Revenue FAQ


What is Seadrill’s yearly revenue?

Seadrill's yearly revenue for 2024 was $1.38B, representing a decrease of -5.78% compared to 2023. The company's yearly revenue for 2023 was $1.47B, representing an increase of 50.46% compared to 2022. SDRL's yearly revenue for 2022 was $977M, representing an increase of 16.31% compared to 2021.

What is Seadrill’s quarterly revenue?

Seadrill's quarterly revenue for Q3 2024 was $354M, a -1.67% decrease from the previous quarter (Q2 2024), and a -14.49% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $360M, a 0.90% increase from the previous quarter (Q1 2024), and a -9.55% decrease year-over-year (Q2 2023). SDRL's quarterly revenue for Q1 2024 was $356.78M, a -17.80% decrease from the previous quarter (Q4 2023), and a 41.02% increase year-over-year (Q1 2023).

What is Seadrill’s revenue growth rate?

Seadrill's revenue growth rate for the last 3 years (2022-2024) was 41.76%, and for the last 5 years (2020-2024) was 54.92%.

What are Seadrill’s revenue streams?

Seadrill's revenue streams in c 24 are Reimbursable, and Product and Service, Other. Reimbursable generated $70M in revenue, accounting 93.33% of the company's total revenue, up 118.75% year-over-year. Product and Service, Other generated $5M in revenue, accounting 6.67% of the company's total revenue, down -88.89% year-over-year.

What is Seadrill’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Seadrill was Reimbursable. This segment made a revenue of $70M, representing 93.33% of the company's total revenue.