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Transocean RIG NO — Revenue

Other geography segments

US
$408M
BR
$221M
AU
$92M

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Other financials

Income statement

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Revenue$966.0M-2.2%
Gross profit$358.0M-8.0%
Operating income$152.0M+116%
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:RevenueFromContractWithCustomerExcludingAssessedTax.

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, 2026 / Ultra- / deepwater / floatersThree months ended June 30, 2026 / Harsh / environment / floatersThree months ended June 30, 2026 / TotalThree months ended June 30, 2025 / Ultra- / deepwater / floatersThree months ended June 30, 2025 / Harsh / environment / floatersThree months ended June 30, 2025 / TotalSix months ended June 30, 2026 / Ultra- / deepwater / floatersSix months ended June 30, 2026 / Harsh / environment / floatersSix months ended June 30, 2026 / TotalSix months ended June 30, 2025 / Ultra- / deepwater / floatersSix months ended June 30, 2025 / Harsh / environment / floatersSix months ended June 30, 2025 / Total
U.S.$344$344$408$408$777$777$802$802
Brazil167167221221399399413413
Norway177177140140356356299299
Australia1071079292209209175175
Other countries (a)11259171705712719511130614263205
Total contract drilling revenues$623$343$966$699$289$988$1,371$676$2,047$1,357$537$1,894

Item 1. Financial Statements (Unaudited)

FAQ

What is Transocean's NO — revenue?
Transocean (RIG) reported NO — revenue of $177M in Q2 2026.
How has Transocean's NO — revenue changed year-over-year?
Transocean's NO — revenue increased by 26.4% year-over-year, from $140M to $177M.
What is the long-term trend for Transocean's NO — revenue?
Over 4 years (2021 to 2025), Transocean's NO — revenue has grown at a -5.2% compound annual growth rate (CAGR), from $790M to $639M.
What does NO — revenue mean?
This metric represents the total gross income generated from offshore drilling service contracts within a specific geographic or operational segment, net of any assessed taxes. It serves as a primary indicator of the demand for drilling services and the operational scale of the company's activities in that region. Tracking this revenue helps investors assess the segment's market share and its contribution to the company's overall top-line performance.

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