SDRL Q1 2023 Earnings — Seadrill Limited Revenue & Financial Results | Market Cap Arena

SDRLSeadrill Limited

$3B

Q1 2023 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$266M+7.3% YoY

Gross Profit

$64M24.1% margin

Operating Income

$51M19.2% margin

Net Income

$43M16.2% margin

EPS (Diluted)

$0.83

QoQ Revenue Growth

+11.8%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$866M

Stockholders' Equity

$1.7B

Cash & Equivalents

$376M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$266M	$248M	+7.3%
Gross Profit	$64M	$72M	-11.1%
Operating Income	$51M	$37M	+37.8%
Net Income	$43M	$3.7B	-98.8%