vs

Side-by-side financial comparison of Climb Global Solutions, Inc. (CLMB) and Seadrill Ltd (SDRL). Click either name above to swap in a different company.

Seadrill Ltd is the larger business by last-quarter revenue ($273.0M vs $182.4M, roughly 1.5× Climb Global Solutions, Inc.). Climb Global Solutions, Inc. runs the higher net margin — 1.8% vs -3.7%, a 5.5% gap on every dollar of revenue. Over the past eight quarters, Climb Global Solutions, Inc.'s revenue compounded faster (40.7% CAGR vs -8.9%).

Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.

Seadrill is an offshore drilling contractor providing worldwide offshore drilling services to the oil and gas industry. Its primary business is the ownership and operation of drillships, semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deep water in both benign and harsh environments. It provides a contract-based service and primarily serves the oil super-majors, integrated oil and gas, state-owned national oil, and independent oil and gas companies.

CLMB vs SDRL — Head-to-Head

Bigger by revenue
SDRL
SDRL
1.5× larger
SDRL
$273.0M
$182.4M
CLMB
Higher net margin
CLMB
CLMB
5.5% more per $
CLMB
1.8%
-3.7%
SDRL
Faster 2-yr revenue CAGR
CLMB
CLMB
Annualised
CLMB
40.7%
-8.9%
SDRL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CLMB
CLMB
SDRL
SDRL
Revenue
$182.4M
$273.0M
Net Profit
$3.3M
$-10.0M
Gross Margin
14.5%
Operating Margin
2.1%
-1.1%
Net Margin
1.8%
-3.7%
Revenue YoY
32.1%
Net Profit YoY
-9.5%
EPS (diluted)
$0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CLMB
CLMB
SDRL
SDRL
Q1 26
$182.4M
Q4 25
$193.8M
$273.0M
Q3 25
$161.3M
$280.0M
Q2 25
$159.3M
$288.0M
Q1 25
$138.0M
$248.0M
Q4 24
$161.8M
Q3 24
$119.3M
$263.0M
Q2 24
$92.1M
$267.0M
Net Profit
CLMB
CLMB
SDRL
SDRL
Q1 26
$3.3M
Q4 25
$7.0M
$-10.0M
Q3 25
$4.7M
$-11.0M
Q2 25
$6.0M
$-42.0M
Q1 25
$3.7M
$-14.0M
Q4 24
$7.0M
Q3 24
$5.5M
$32.0M
Q2 24
$3.4M
$253.0M
Gross Margin
CLMB
CLMB
SDRL
SDRL
Q1 26
14.5%
Q4 25
15.4%
Q3 25
15.9%
Q2 25
16.5%
Q1 25
16.9%
Q4 24
19.3%
Q3 24
20.3%
Q2 24
20.2%
Operating Margin
CLMB
CLMB
SDRL
SDRL
Q1 26
2.1%
Q4 25
4.9%
-1.1%
Q3 25
4.3%
9.3%
Q2 25
5.0%
2.1%
Q1 25
3.5%
7.3%
Q4 24
7.2%
Q3 24
7.1%
17.9%
Q2 24
4.6%
Net Margin
CLMB
CLMB
SDRL
SDRL
Q1 26
1.8%
Q4 25
3.6%
-3.7%
Q3 25
2.9%
-3.9%
Q2 25
3.7%
-14.6%
Q1 25
2.7%
-5.6%
Q4 24
4.3%
Q3 24
4.6%
12.2%
Q2 24
3.7%
94.8%
EPS (diluted)
CLMB
CLMB
SDRL
SDRL
Q1 26
$0.18
Q4 25
$1.51
Q3 25
$1.02
$-0.17
Q2 25
$1.30
$-0.68
Q1 25
$0.81
$-0.23
Q4 24
$1.52
Q3 24
$1.19
$0.49
Q2 24
$0.75
$3.49

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLMB
CLMB
SDRL
SDRL
Cash + ST InvestmentsLiquidity on hand
$41.8M
$339.0M
Total DebtLower is stronger
$613.0M
Stockholders' EquityBook value
$118.4M
$2.9B
Total Assets
$458.8M
$3.9B
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLMB
CLMB
SDRL
SDRL
Q1 26
$41.8M
Q4 25
$36.6M
$339.0M
Q3 25
$49.8M
$402.0M
Q2 25
$28.6M
$393.0M
Q1 25
$32.5M
$404.0M
Q4 24
$29.8M
Q3 24
$22.1M
Q2 24
$48.4M
$835.0M
Total Debt
CLMB
CLMB
SDRL
SDRL
Q1 26
Q4 25
$613.0M
Q3 25
$612.0M
Q2 25
$612.0M
Q1 25
$611.0M
Q4 24
Q3 24
Q2 24
$609.0M
Stockholders' Equity
CLMB
CLMB
SDRL
SDRL
Q1 26
$118.4M
Q4 25
$116.6M
$2.9B
Q3 25
$109.3M
$2.9B
Q2 25
$105.2M
$2.9B
Q1 25
$95.6M
$2.9B
Q4 24
$90.6M
Q3 24
$87.7M
$2.9B
Q2 24
$79.8M
$3.1B
Total Assets
CLMB
CLMB
SDRL
SDRL
Q1 26
$458.8M
Q4 25
$460.2M
$3.9B
Q3 25
$376.1M
$4.1B
Q2 25
$420.7M
$4.1B
Q1 25
$370.1M
$4.1B
Q4 24
$469.2M
Q3 24
$371.9M
Q2 24
$302.8M
$4.3B
Debt / Equity
CLMB
CLMB
SDRL
SDRL
Q1 26
Q4 25
0.21×
Q3 25
0.21×
Q2 25
0.21×
Q1 25
0.21×
Q4 24
Q3 24
Q2 24
0.20×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLMB
CLMB
SDRL
SDRL
Operating Cash FlowLast quarter
$-40.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLMB
CLMB
SDRL
SDRL
Q1 26
Q4 25
$-11.9M
$-40.0M
Q3 25
$22.2M
$28.0M
Q2 25
$-2.2M
$11.0M
Q1 25
$8.5M
$-27.0M
Q4 24
$16.0M
Q3 24
$-3.6M
$-27.0M
Q2 24
$7.3M
$79.0M
Cash Conversion
CLMB
CLMB
SDRL
SDRL
Q1 26
Q4 25
-1.70×
Q3 25
4.73×
Q2 25
-0.37×
Q1 25
2.30×
Q4 24
2.29×
Q3 24
-0.66×
-0.84×
Q2 24
2.13×
0.31×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons