SDRL Q2 2022 Earnings — Seadrill Limited Revenue & Financial Results | Market Cap Arena

SDRLSeadrill Limited

$3B

Q2 2022 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$253M+15.5% YoY

Gross Profit

$41M16.2% margin

Operating Income

$25M9.9% margin

Net Income

-$36M-14.2% margin

EPS (Diluted)

$-0.72

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

-$31M

Free Cash Flow

-$68M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$1.5B

Stockholders' Equity

$1.5B

Cash & Equivalents

$336M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$253M	$219M	+15.5%
Gross Profit	$41M	-$66M	+162.1%
Operating Income	$25M	-$228M	+111.0%
Net Income	-$36M	-$294M	+87.8%

Revenue Segments

Reimbursable

$12M57%

Product and Service, Other

$9M43%