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Transocean RIG Net Income

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Other financials

Income statement

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Revenue$1.1B+19.3%
Gross profit$475.0M+64.9%
Operating income$287.0M+348%
EPS (diluted)$0.06+155%

Balance sheet

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Cash & equivalents$330.0M+25.5%
Total debt$5.3B-20.7%
Total equity$8.2B-19.8%
Total assets$15.2B-20.3%

Cash flow

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Operating cash flow$164.0M+531%
CapEx$28.0M-53.3%
Free cash flow$136.0M+500%

Valuation

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Market cap$5.69B+99.1%
Enterprise value$10.63B+17.7%
P/S1.4×+0.6×

Profitability

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Gross margin42.2%+4.7pp
Operating margin-18.7%+27.1pp
Net margin-67.4%-111pp
FCF margin19.2%+10.3pp

Returns & leverage

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Return on equity-30.3%-42.4pp
Debt / equity0.6×0.0×
Current ratio1.5×+0.2×

Where this comes from

Reported directly by Transocean in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Transocean’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:09 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001451505-26-000044
Line itemThree months ended / March 31, 2026Three months ended / March 31, 2025
(270)(104)
Income (loss) before income taxes17(40)
Income tax expense (benefit)(54)39
Net income (loss)$71$(79)
Earnings (loss) per share
Basic$0.06$(0.09)
Diluted$0.06$(0.11)
Weighted-average shares outstanding

Item 1. Financial Statements (Unaudited)

FAQ

What is Transocean's net income?
Transocean (RIG) reported net income of $71M in Q1 2026.
How has Transocean's net income changed year-over-year?
Transocean's net income increased by 189.9% year-over-year, from -$79M to $71M.
What is the long-term trend for Transocean's net income?
Over 4 years (2021 to 2025), Transocean's net income has grown at a 49.3% compound annual growth rate (CAGR), from -$592M to -$2.94B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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