Transocean Ltd. (RIG) income statement
NYSE · Energy · Oil & Gas Drilling · 5,220 employees · CEO Keelan I. Adamson
- Price
- $6.94 +3.74%
- Market cap
- $7.75B
- Enterprise value
- $12.4B
- Last report
- Q2 '26 filed 2026-08-07
- Next report
- 2026-11-02 EPS est. $0.02
Transocean Ltd. (RIG) reported revenue of $966M for Q2 '26 (-2.2% year on year), operating income of $152M (15.7% of revenue) and net income of $170M. Over the last four quarters revenue was $4.12B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $713M | $741M | $763M | $861M | $948M | $952M | $906M | $988M | $1.03B | $1.04B | $1.08B | $966M | |
| Cost of revenue | $192M | $184M | $185M | $184M | $190M | $180M | $176M | $175M | $161M | $147M | $143M | $608M | |
| Gross profit | $521M | $557M | $578M | $677M | $758M | $772M | $730M | $813M | $867M | $896M | $938M | $358M | |
| General & administrative | $44M | $50M | $52M | $59M | $47M | $56M | $50M | $49M | $46M | $50M | $49M | $56M | |
| Other operating expenses | $532M | $578M | $529M | $677M | $1.2B | $579M | $618M | $599M | $584M | $605M | $606M | $150M | |
| Operating expenses | $576M | $628M | $581M | $736M | $1.24B | $635M | $668M | $648M | $630M | $655M | $655M | $206M | |
| Operating income | -$55M | -$71M | -$3M | -$59M | -$485M | $137M | $62M | $165M | $237M | $241M | $283M | $152M | |
| Interest income | $12M | $10M | $15M | $14M | $11M | $10M | $8M | $10M | $12M | $10M | $10M | $32M | |
| Interest expense | $232M | -$3M | $117M | $74M | $80M | $91M | $116M | $112M | $154M | $173M | $276M | $0 | |
| Other non-operating income (gains on investments, FX ...) | -$24M | $15M | -$27M | -$166M | -$40M | -$16M | -$14M | $1.15B | $1.98B | -$14M | -$10M | $20M | |
| Total non-operating income | -$208M | -$12M | -$90M | $92M | -$40M | -$75M | -$102M | -$1.26B | -$2.13B | -$159M | -$266M | $32M | |
| Income before tax | -$263M | -$83M | -$93M | $33M | -$525M | $62M | -$40M | -$1.09B | -$1.9B | $82M | $17M | $184M | |
| Income tax | -$43M | $21M | -$191M | $156M | -$31M | $55M | $39M | -$155M | $26M | $57M | -$54M | $14M | |
| Net income | -$220M | -$104M | $98M | -$123M | -$494M | $7M | -$79M | -$938M | -$1.92B | $25M | $71M | $170M | |
| EPS (basic) | -$0.28 | -$0.13 | $0.12 | -$0.15 | -$0.56 | $0.01 | -$0.09 | -$1.06 | -$2.08 | $0.03 | $0.06 | $0.15 | |
| EPS (diluted) | -$0.28 | -$0.13 | $0.11 | -$0.15 | -$0.58 | -$0.11 | -$0.11 | -$1.06 | -$2.06 | $0.03 | $0.06 | $0.14 | |
| Shares (basic, weighted) | 774M | 809M | 819M | 824M | 879M | 865M | 883M | 888M | 911M | 960M | 1.11B | 1.12B | |
| Shares (diluted, weighted) | 774M | 809M | 955M | 824M | 954M | 940M | 958M | 888M | 911M | 960M | 1.12B | 1.2B | |
| Depreciation & amortization | $200M | $191M | $189M | $184M | $190M | $180M | $176M | $175M | $161M | $147M | $143M | $148M | |
| EBITDA | $169M | $105M | $213M | $291M | -$255M | $333M | $252M | -$806M | -$1.58B | $402M | $436M | $280M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.16B | $2.97B | $3.02B | $3.09B | $3.15B | $2.56B | $2.58B | $2.83B | $3.52B | $3.97B | |
| Cost of revenue | $893M | $832M | $818M | $855M | $781M | $742M | $735M | $744M | $739M | $659M | |
| Gross profit | $3.27B | $2.14B | $2.2B | $2.23B | $2.37B | $1.81B | $1.84B | $2.09B | $2.79B | $3.31B | |
| General & administrative | $172M | $156M | $188M | $193M | $183M | $167M | $182M | $187M | $214M | $195M | |
| Other operating expenses | $1.99B | $4.49B | $3.26B | $2.76B | $2.68B | $1.76B | $1.68B | $1.99B | $2.2B | $2.41B | |
| Operating expenses | $2.16B | $4.65B | $3.45B | $2.95B | $2.86B | $1.93B | $1.86B | $2.17B | $2.41B | $2.6B | |
| Operating income | $1.11B | -$2.51B | -$1.25B | -$721M | -$493M | -$112M | -$21M | -$85M | $372M | $705M | |
| Interest income | $20M | $43M | $53M | $43M | $21M | $15M | $27M | $52M | $50M | $40M | |
| Interest expense | $409M | $491M | $620M | $660M | $575M | $447M | $561M | $646M | $362M | $555M | |
| Other non-operating income (gains on investments, FX ...) | -$237M | $7M | -$96M | -$183M | -$527M | -$89M | -$20M | $210M | $533M | $3.1B | |
| Total non-operating income | -$172M | -$498M | -$524M | -$477M | -$48M | -$358M | -$541M | -$856M | -$895M | -$3.65B | |
| Income before tax | $934M | -$3B | -$1.78B | -$1.2B | -$541M | -$470M | -$562M | -$941M | -$523M | -$2.95B | |
| Income tax | $107M | $94M | $228M | $59M | $27M | $121M | $59M | $13M | -$11M | -$33M | |
| Net income | $778M | -$3.13B | -$2B | -$1.26B | -$567M | -$592M | -$621M | -$954M | -$512M | -$2.92B | |
| EPS (basic) | $2.10 | -$8.00 | -$4.26 | -$2.05 | -$0.92 | -$0.93 | -$0.89 | -$1.24 | -$0.60 | -$3.04 | |
| EPS (diluted) | $2.10 | -$8.00 | -$4.26 | -$2.05 | -$0.92 | -$0.93 | -$0.89 | -$1.24 | -$0.76 | -$3.04 | |
| Shares (basic, weighted) | 367M | 391M | 468M | 612M | 615M | 637M | 699M | 768M | 850M | 960M | |
| Shares (diluted, weighted) | 367M | 391M | 468M | 612M | 615M | 637M | 699M | 768M | 925M | 960M | |
| Depreciation & amortization | $893M | $832M | $930M | $1.04B | $996M | $962M | $852M | $796M | $743M | $659M | |
| EBITDA | $2.24B | -$1.68B | -$225M | $504M | $1.03B | $939M | $851M | $501M | $582M | -$1.73B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02