Seadrill Limited (SDRL) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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SDRL Revenue Growth
Revenue Breakdown (FY 2025)
SDRL's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
SDRL Revenue Analysis (2014–2025)
As of May 8, 2026, Seadrill Limited (SDRL) generated trailing twelve-month (TTM) revenue of $1.43 billion, reflecting exceptional growth of +25.3% year-over-year. The most recent quarter (Q4 2025) recorded $362.0 million in revenue, up 2.8% sequentially.
Looking at the longer-term picture, SDRL's 5-year compound annual growth rate (CAGR) stands at +8.4%, indicating steady revenue expansion. The company achieved its highest annual revenue of $4.68 billion in 2014.
Revenue diversification analysis shows SDRL's business is primarily driven by Reimbursable (95%), and Product and Service, Other (5%). With over half of revenue concentrated in Reimbursable, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including RIG (+12.9% YoY), VAL (-10.0% YoY), and NE (-3.0% YoY), SDRL has outperformed the peer group in terms of revenue growth. Compare SDRL vs RIG →
SDRL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SDRLCurrent | $1.4B | +25.3% | +8.4% | 4.9% | |
 RIG | $4.0B | +12.9% | +4.7% | 17.8% | |
 VAL | $2.4B | -10.0% | +10.7% | 20.9% | |
 NE | $3.3B | -3.0% | +27.8% | 15.7% | |
 PD | $493M | +5.4% | +18.2% | 1.2% | |
 NBR | $3.2B | +8.7% | +8.3% | 8.3% |
SDRL Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.44B | +3.8% | $173.0M | 12.0% | $70.0M | 4.9% |
| 2024 | $1.39B | -5.8% | $293.0M | 21.2% | $412.0M | 29.7% |
| 2023 | $1.47B | +57.1% | $565.0M | 38.4% | $329.0M | 22.4% |
| 2022 | $936.0M | +3.2% | $281.0M | 30.0% | $72.0M | 7.7% |
| 2021 | $907.0M | -5.6% | $-38,000,000 | -4.2% | $-156,000,000 | -17.2% |
| 2020 | $961.0M | -30.8% | $-323,000,000 | -33.6% | $-4,481,000,000 | -466.3% |
| 2019 | $1.39B | +17.4% | $-239,000,000 | -17.2% | $-295,000,000 | -21.3% |
| 2018 | $1.18B | -40.9% | $383.0M | 32.4% | $-360,000,000 | -30.5% |
| 2017 | $2.00B | -32.7% | $1.21B | 60.4% | $135.0M | 6.8% |
| 2016 | $2.97B | -27.7% | $1.95B | 65.8% | $936.0M | 31.5% |
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Start ComparisonSDRL — Frequently Asked Questions
Quick answers to the most common questions about buying SDRL stock.
Is SDRL's revenue growth accelerating or slowing?
SDRL revenue is accelerating at +25.3% year-over-year, exceeding the 5-year CAGR of +8.4%. TTM revenue reached $1.4B. Growth momentum has increased versus prior periods.
What is SDRL's long-term revenue growth rate?
Seadrill Limited's 5-year revenue CAGR of +8.4% reflects the sustained expansion pattern. Current YoY growth of +25.3% is above this long-term average.
How is SDRL's revenue distributed by segment?
SDRL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.