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Transocean RIG US — Revenue

Other geography segments

BR
$221M
NO
$140M
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 US — revenue?
Transocean (RIG) reported US — revenue of $344M in Q2 2026.
How has Transocean's US — revenue changed year-over-year?
Transocean's US — revenue decreased by 15.7% year-over-year, from $408M to $344M.
What is the long-term trend for Transocean's US — revenue?
Over 4 years (2021 to 2025), Transocean's US — revenue has grown at a 10.5% compound annual growth rate (CAGR), from $1.1B to $1.64B.
What does US — revenue mean?
This metric represents the total gross revenue generated from offshore drilling service contracts within the United States geographic segment, excluding any pass-through assessed taxes. It serves as a primary indicator of the company's market demand and operational scale within the domestic offshore energy sector. Tracking this figure helps investors assess the segment's ability to secure and execute drilling projects in the US market.

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