Transocean Ltd. (RIG) Financial Statements
Industry: Drilling Oil & Gas Wells
In fiscal 2025, Transocean reported revenue of $3.96B, up 12.5% from $3.52B the year before. Net income was -$2.92B (a -73.5% net margin), or -$3.04 per diluted share. Gross margin was 39.3% and operating margin was -58.9%. Operating activities generated $749.0M of cash, leaving $626.0M of free cash flow. At fiscal year end, Transocean held $15.64B in total assets against $7.53B in total liabilities, including $620.0M of cash and equivalents.
Open the full interactive Transocean financials → Quarterly statements, key ratios, valuation history and price charts.
Transocean Key Stats
| Share Price | $5.65 |
|---|---|
| Market Cap | $6.79B |
| Revenue YoY Growth | +12.5% |
| 52-Week Range | $3.12 – $7.58 |
| Shares Outstanding | 1.12 billion (basic, 2026 Q2) |
Transocean Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $3.15B | $2.56B | $2.58B | $2.83B | $3.52B | $3.96B |
| Cost of Goods Sold | $2.00B | $1.70B | $1.68B | $1.99B | $2.20B | $2.41B |
| Gross Profit | $1.15B | $859.0M | $896.0M | $846.0M | $1.32B | $1.56B |
| Operating Income | -$493.0M | -$112.0M | -$31.0M | -$325.0M | -$417.0M | -$2.34B |
| Pre-Tax Income | -$541.0M | -$470.0M | -$562.0M | -$941.0M | -$523.0M | -$2.95B |
| Income Tax | $27.0M | $121.0M | $59.0M | $13.0M | -$11.0M | -$33.0M |
| Net Income | -$567.0M | -$592.0M | -$621.0M | -$954.0M | -$512.0M | -$2.92B |
| Diluted EPS | -$0.92 | -$0.93 | -$0.89 | -$1.24 | -$0.76 | -$3.04 |
Transocean Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.03B | $1.04B | $1.08B | $966.0M |
| Net Income | -$1.92B | $25.0M | $71.0M | $170.0M |
| Diluted EPS | -$2.00 | $0.03 | $0.06 | $0.04 |
Transocean Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.15B | $976.0M | $683.0M | $762.0M | $560.0M | $620.0M |
| Current Assets | $2.74B | $2.44B | $2.01B | $2.13B | $2.45B | $2.08B |
| Total Assets | $21.80B | $20.68B | $20.44B | $20.25B | $19.37B | $15.64B |
| Current Liabilities | $1.39B | $1.30B | $1.56B | $1.40B | $1.66B | $1.34B |
| Total Long-Term Debt | $7.81B | $7.17B | $7.35B | $7.41B | $6.88B | $5.66B |
| Total Liabilities | $10.37B | $9.48B | $9.64B | $9.84B | $9.09B | $7.53B |
| Shareholders' Equity | $11.43B | $11.21B | $10.79B | $10.41B | $10.28B | $8.11B |
Transocean Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $398.0M | $575.0M | $448.0M | $164.0M | $447.0M | $749.0M |
| Cash From Investing | -$257.0M | -$233.0M | -$757.0M | -$423.0M | -$151.0M | -$33.0M |
| Cash From Financing | -$930.0M | -$490.0M | -$112.0M | $263.0M | -$350.0M | -$660.0M |
| Free Cash Flow | $133.0M | $367.0M | -$269.0M | -$263.0M | $193.0M | $626.0M |
Figures from Transocean's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Transocean financials page for every line item.
Transocean Company Profile
| Ticker | RIG |
|---|---|
| Exchange | NYSE |
| Industry | Drilling Oil & Gas Wells |
| Headquarters | Steinhausen, Switzerland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001451505 |
Frequently Asked Questions
What was Transocean's revenue in fiscal 2025?
Transocean (RIG) reported revenue of $3.96B for fiscal 2025.
What is Transocean's annual revenue history?
Transocean's annual revenue by fiscal year: 2020: $3.15B; 2021: $2.56B; 2022: $2.58B; 2023: $2.83B; 2024: $3.52B; 2025: $3.96B.
What was Transocean's net income in fiscal 2025?
Transocean reported net income of -$2.92B for fiscal 2025.
What was Transocean's earnings per share (EPS) in fiscal 2025?
Transocean's diluted EPS was -$3.04 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Transocean generate in fiscal 2025?
Transocean generated $626.0M of free cash flow in fiscal 2025.
What was Transocean's revenue last quarter?
In its most recent reported quarter (2026 Q2), Transocean reported revenue of $966.0M.
How much debt does Transocean have?
Transocean reported $5.66B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Transocean are outstanding?
Transocean reported a weighted average of 1.12 billion basic shares outstanding in 2026 Q2.
What is Transocean's market cap?
Based on its latest closing price, Transocean (RIG) has a market capitalization of about $6.79B.
When does Transocean's fiscal year end?
Transocean's fiscal year end, as registered with the SEC, is December 31.
Where is Transocean headquartered?
Transocean lists its business address in Steinhausen, Switzerland in its SEC filings.