SDRL raises 2026 guidance for a third straight time as its $3.3 billion backlog boosts 2027 visibility; management prioritizes cash flow over day rates.
Seadrill's revenue reached $428.0M in 2026Q3, up 21.6% year over year, suggesting demand for its drilling fleet is recovering from a volatile base.
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| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 3, 2026 | -$0.49-362.5% vs $0.19 | $428M+11.8% vs $383M |
Q3 2026 Aug 10, 2026 | $0.47+62.1% vs $0.29 | $449M+14.6% vs $392M |
Q2 2026 May 11, 2026 | -$0.11-10.0% vs -$0.10 | $358M+9.6% vs $327M |
Q1 2026 Feb 25, 2026 | $0.12+71.4% vs $0.07 | $362M+7.3% vs $337M |
SDRL raises 2026 guidance for a third straight time as its $3.3 billion backlog boosts 2027 visibility; management prioritizes cash flow over day rates.
Seadrill Limited ( SDRL ) Q3 2026 Earnings Call November 4, 2026 9:00 AM EST Company Participants Kevin Smith - Vice President of Corporate Finance & Investor Relations Samir Ali - CEO & President Jacob Taylor - Vice President of Commercial Grant Creed - Executive VP & CFO Conference Call Participants Keith Beckmann - Pickering Energy Partners LP Edward Kim - Barclays Bank PLC, Research Division Scott Gruber - Citigroup Inc., Research Division Fredrik Stene - Clarksons Platou Securities AS, Research Division Gregory Lewis - BTIG, LLC, Research Division Doug Becker - Capital One Securities, Inc., Research Division Hamed Khorsand - BWS Financial Inc. Joshua Jayne - Daniel Energy Partners, LLC Presentation Operator Hello, everyone. Welcome, and thank you for joining us to the Seadrill Third Quarter 2026 Earnings Call.

Seadrill (SDRL) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.2 per share. This compares to a loss of $0.17 per share a year ago.
HAMILTON, Bermuda--(BUSINESS WIRE)---- $SDRL #Seadrill--Seadrill Announces Third Quarter 2026 Results.

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Key metrics vs top competitors for Seadrill Limited (SDRL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $42.20 | $2.64B | -143.54 | 3.75% | -1.13% | -0.63% | — | |
| $5.24 | $5.33B | 20.22 | 12.51% | 7.25% | 3.53% | — | |
| $79.77 | $5.52B | 7.03 | 0.27% | 37.35% | 24.89% | — | |
| $40.87 | $6.52B | 121.60 | 7.45% | 1.79% | 1.2% | 4.89% | |
| $15.68 | $1.43B | 6.87 | 5.36% | 36.58% | 66.69% | — | |
| $73.20 | $1.08B | -17.87 | 8.69% | -1.82% | -4.08% | 0.57% |
Seadrill Limited (SDRL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Seadrill Limited (SDRL) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 3, 2026·SEC
Aug 10, 2026·SEC
Jun 30, 2026·SEC
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Seadrill Limited (SDRL) stock FAQ — growth, dividends, profitability & financials explained
Seadrill Limited (SDRL) reported $1.60B in revenue over the trailing twelve months. Revenue was $1.44B in fiscal year 2025. That is 67% less than the $4.31B of fiscal year 2012.
Seadrill Limited (SDRL) grew revenue by 18.0% over the trailing twelve months, compared with the twelve months before.
No. Seadrill Limited (SDRL) reported a net loss of $18.0M over the trailing twelve months.
Seadrill Limited (SDRL) had a return on equity (ROE) of -0.6% over the trailing twelve months. A negative ROE means the company lost money over the period.
Seadrill Limited (SDRL) had negative free cash flow of $90.0M over the trailing twelve months.