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Transocean RIG Operating Income

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Other financials

Income statement

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Revenue$966.0M-2.2%
Gross profit$358.0M-8.0%
Net income$170.0M+118%
EPS (diluted)$0.04+104%

Balance sheet

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Cash & equivalents$509.0M+35.0%
Total debt$5.1B-21.9%
Total equity$8.4B-10.5%
Total assets$15.2B-14.8%

Cash flow

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Operating cash flow$236.0M+84.4%
CapEx$24.0M0.0%
Free cash flow$212.0M+104%

Valuation

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Market cap$5.71B+99.8%
Enterprise value$10.32B+14.3%
P/S1.4×+0.6×

Profitability

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Gross margin41.6%+3.8pp
Operating margin-18.7%+27.1pp
Net margin-40.8%+1.1pp
FCF margin22%+11.9pp

Returns & leverage

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Return on equity-19%+6.7pp
Debt / equity0.6×-0.1×
Current ratio1.6×+0.3×

Where this comes from

Reported directly by Transocean in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Transocean’s 10-Q, filed August 7, 2026.

Filed
Aug 6, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001451505-26-000061
Line itemThree months ended / June 30, 2026Three months ended / June 30, 2025Six months ended / June 30, 2026Six months ended / June 30, 2025
8128231,6101,667
Loss on impairment of assets(1,136)(1,136)
Gain (loss) on disposal of assets, net(2)729
Operating income (loss)152(964)439(900)
Other income (expense), net
Interest income12102218
Interest expense20(112)(256)(228)
Loss on retirement of debt(11)

Item 1. Financial Statements (Unaudited)

FAQ

What is Transocean's operating income?
Transocean (RIG) reported operating income of $152M in Q2 2026.
How has Transocean's operating income changed year-over-year?
Transocean's operating income increased by 115.8% year-over-year, from -$964M to $152M.
What is the long-term trend for Transocean's operating income?
Over 2 years (2021 to 2023), Transocean's operating income has grown at a 70.3% compound annual growth rate (CAGR), from -$112M to -$325M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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