Transocean Ltd.RIGEarnings & Financial Report
NYSE · list of oilfield service companies
Transocean Ltd. is an American drilling company. It is the world's largest offshore drilling contractor based on revenue and is based in Steinhausen, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.
RIG Q3 2025 Key Financial Metrics
Revenue
$1.0B
Gross Profit
$444.0M
Operating Profit
$-1.7B
Net Profit
$-1.9B
Gross Margin
43.2%
Operating Margin
-163.1%
Net Margin
-187.1%
YoY Growth
8.4%
EPS
$-2.00
Financial Flow
Transocean Ltd. Q3 2025 Financial Summary
Transocean Ltd. reported revenue of $1.0B for Q3 2025, with a net profit of $-1.9B (-187.1% margin). Cost of goods sold was $584.0M, operating expenses totaled $2.1B.
Key Financial Metrics
| Total Revenue | $1.0B |
|---|---|
| Net Profit | $-1.9B |
| Gross Margin | 43.2% |
| Operating Margin | -163.1% |
| Report Period | Q3 2025 |
Transocean Ltd. Annual Revenue by Year
Transocean Ltd. annual revenue history includes year-by-year totals (for example, 2024 revenue was $3.5B).
| Year | Annual Revenue |
|---|---|
| 2024 | $3.5B |
| 2023 | $2.8B |
| 2022 | $2.6B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $741.0M | $763.0M | $861.0M | $948.0M | $952.0M | $906.0M | $988.0M | $1.03B |
| YoY Growth | 22.3% | 17.6% | 18.1% | 33.0% | 28.5% | 18.7% | 14.8% | 8.4% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $20.25B | $19.94B | $20.32B | $19.51B | $19.37B | $19.02B | $17.81B | $16.17B |
| Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | $10.41B | $10.52B | $10.71B | $10.23B | $10.28B | $10.21B | $9.35B | $8.08B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $98.0M | $-86.0M | $133.0M | $194.0M | $206.0M | $26.0M | $128.0M | $246.0M |
