Q2 FY2026 · ended Jun 30, 2026 · Revenue $137.12M · Filed Aug 10, 2026
Sable Offshore Corp. (SOC) files with the SEC under industry code 1311, Crude Petroleum & Natural Gas. In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, it reported revenue of $137.1 million and a net loss of $64.2 million. Free cash flow was -$22.1 million. As of Jun 30, 2026 it held $21.6 million in cash and investments and $1.2 billion in total debt.
Revenue
$137.12M
Net income
$-64.22M
+49.9% vs year-ago quarter
Operating cash flow
$9.42M
+109.9% vs year-ago quarter
Free cash flow
$-22.09M
+90.2% vs year-ago quarter
EPS
$-0.42
+70.0% vs year-ago quarter
Dividend per share
None
Shares outstanding
191.87M
+92.8% vs year-ago quarter
Net cash
$-1.18B
Q2 FY2026
Operating margin
-292.8%
TTM
Company profile
- Industry
- Crude Petroleum & Natural Gas (SIC 1311)
- Listed as
- SOC (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- , Emerging growth company
- SEC CIK
- 1831481
- Former names
- Flame Acquisition Corp. (until Feb 14, 2024)
Other Crude Petroleum & Natural Gas companies
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q2 FY2026 Jun 30, 2026 |
Q1 FY2026 Mar 31, 2026 |
Q4 FY2025 Dec 31, 2025 |
Q3 FY2025 Sep 30, 2025 |
Q2 FY2025 Jun 30, 2025 |
|---|---|---|---|---|---|
| Revenue | $137.1M | $1.3M | $0 | $0 | $0 |
| Operating income | -$66.9M | -$118.8M | -$100.2M | -$119.4M | -$128.9M |
| Net income | -$64.2M | -$197.0M | -$62.2M | -$110.4M | -$128.1M |
| Diluted EPS | -$0.42 | -$1.37 | -$0.53 | -$1.11 | -$1.40 |
| Operating cash flow | $9.4M | -$82.2M | -$98.1M | -$110.6M | -$95.0M |
| Free cash flow | -$22.1M | -$103.3M | -$192.7M | -$240.7M | -$224.7M |
| Total assets | $1.8B | $1.7B | $1.7B | $1.6B | $1.8B |
| Total liabilities | $1.4B | $1.3B | $1.2B | $1.3B | $1.3B |
| Stockholders' equity | $395.0M | $421.9M | $534.3M | $348.1M | $445.6M |
| Cash and investments | $21.6M | $52.2M | $97.7M | $41.6M | $247.1M |
| Total debt | $1.2B | $956.3M | $942.7M | $896.6M | $875.6M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure
|
Sep 29, 2026 | Sep 28, 2026 |
| 8-K |
Current report
Other events
|
Aug 24, 2026 | Aug 19, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 10, 2026 | Aug 10, 2026 |
| 10-Q | Quarterly report | Aug 10, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Auditor change
|
Jul 13, 2026 | Jul 10, 2026 |
| 8-K |
Current report
Material agreement, New debt, Regulation FD disclosure
|
Jul 2, 2026 | Jun 30, 2026 |
All 380 Sable Offshore Corp. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.