Sable Offshore (SOC) financial statements
Sable Offshore reported revenue of $0 in fiscal 2025.
Net income was -$410M.
Free cash flow was -$769M.
Income statement
Fiscal years, from Sable Offshore's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2025 |
|---|---|---|---|---|
| Revenue | — | — | $0 | $0 |
| Selling, general and admin | — | — | $13M | $176M |
| Operating income | -$2M | -$6M | -$94M | -$408M |
| Interest expense | — | — | $0 | $88M |
| Pre-tax income | $4M | -$2M | -$94M | -$398M |
| Income tax | $0 | $757,069 | $0 | $12M |
| Net income | $4M | -$3M | -$94M | -$410M |
| EPS (diluted) | — | — | — | -$4.18 |
| Diluted shares | — | — | — | 98M |
Balance sheet
Fiscal years, from Sable Offshore's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2025 |
|---|---|---|---|---|
| Cash and short-term investments | $322,768 | $100,256 | $0 | $98M |
| Receivables | — | — | — | $0 |
| Inventory | — | — | — | $12M |
| Total current assets | $844,646 | $188,468 | $16M | $136M |
| Total assets | $288M | $291M | $712M | $1.7B |
| Total current liabilities | $1M | $7M | $18M | $1.0B |
| Long-term debt | — | — | — | $0 |
| Total liabilities | $14M | $19M | $373M | $1.2B |
| Shareholders' equity | -$13M | -$18M | $339M | $534M |
| Net debt | -$322,768 | -$100,256 | $0 | -$98M |
Cash flow
Fiscal years, from Sable Offshore's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2025 |
|---|---|---|---|---|
| Operating cash flow | -$2M | -$2M | -$70M | -$352M |
| Capital spending | — | — | $0 | $418M |
| Free cash flow | — | — | -$70M | -$769M |
| Stock-based compensation | — | — | $0 | $43M |
| Share buybacks (net) | — | $0 | -$230M | — |
| Net borrowing | $16,153 | $3M | $0 | $0 |
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Open SOC in InvestinglyQuestions
What was Sable Offshore's revenue in 2025?
$0 in fiscal 2025, from its 10-K filing.
How much free cash flow does Sable Offshore generate?
-$769M in fiscal 2025 (operating cash flow minus capital spending).
From Sable Offshore's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.