SDRL Q2 2023 Earnings — Seadrill Limited Revenue & Financial Results | Market Cap Arena

SDRLSeadrill Limited

$3B

Q2 2023 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$414M+63.6% YoY

Gross Profit

$136M32.9% margin

Operating Income

$109M26.3% margin

Net Income

$94M22.7% margin

EPS (Diluted)

$1.16

QoQ Revenue Growth

+55.6%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$6M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$958M

Stockholders' Equity

$3.1B

Cash & Equivalents

$412M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$414M	$253M	+63.6%
Gross Profit	$136M	$41M	+231.7%
Operating Income	$109M	$25M	+336.0%
Net Income	$94M	-$36M	+361.1%