Transocean Ltd.RIGEarnings & Financial Report
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 Q4 FY2025 Key Financial Metrics
Revenue
$1.0B
Gross Profit
$438.0M
Operating Profit
$240.0M
Net Profit
$25.0M
Gross Margin
42.0%
Operating Margin
23.0%
Net Margin
2.4%
YoY Growth
9.6%
EPS
$0.13
Transocean Ltd. Q4 FY2025 Financial Summary
Transocean Ltd. reported revenue of $1.0B (up 9.6% YoY) for Q4 FY2025, with a net profit of $25.0M (up 257.1% YoY) (2.4% margin). Cost of goods sold was $605.0M, operating expenses totaled $198.0M.
Key Financial Metrics
| Total Revenue | $1.0B |
|---|---|
| Net Profit | $25.0M |
| Gross Margin | 42.0% |
| Operating Margin | 23.0% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Transocean Ltd. Q4 FY2025 revenue of $1.0B breaks down across 4 segments, led by Ultra Deepwater Floaters at $433.0M (41.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Ultra Deepwater Floaters | $433.0M | 41.5% |
| BR | $236.0M | 22.6% |
| Other Geographical | $211.0M | 20.2% |
| Harsh Environment Floaters | $163.0M | 15.6% |
Transocean Ltd. Revenue by Segment — Quarterly Trend
Transocean Ltd. revenue by segment across the last 4 reported quarters, showing how each business line (such as Ultra Deepwater Floaters and BR) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Ultra Deepwater Floaters | $433.0M | — | $408.0M | $394.0M |
| BR | $236.0M | $223.0M | $221.0M | $192.0M |
| Other Geographical | $211.0M | $228.0M | $219.0M | $161.0M |
| Harsh Environment Floaters | $163.0M | $177.0M | $140.0M | $159.0M |
Transocean Ltd. Annual Revenue by Year
Transocean Ltd. annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.0B).
Transocean Ltd. Quarterly Revenue & Net Profit History
Transocean Ltd. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.0B | +9.6% | $25.0M | 2.4% |
| Q3 FY2025 | $1.0B | +8.4% | $-1.9B | -187.1% |
| Q2 FY2025 | $988.0M | +14.8% | $-938.0M | -94.9% |
| Q1 FY2025 | $906.0M | +18.7% | $-79.0M | -8.7% |
| Q4 FY2024 | $952.0M | +28.5% | $7.0M | 0.7% |
| Q3 FY2024 | $948.0M | +33.0% | $-494.0M | -52.1% |
| Q2 FY2024 | $861.0M | +18.1% | $-123.0M | -14.3% |
| Q1 FY2024 | $763.0M | +17.6% | $98.0M | 12.8% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $763.0M | $861.0M | $948.0M | $952.0M | $906.0M | $988.0M | $1.03B | $1.04B |
| YoY Growth | 17.6% | 18.1% | 33.0% | 28.5% | 18.7% | 14.8% | 8.4% | 9.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $19.94B | $20.32B | $19.51B | $19.37B | $19.02B | $17.81B | $16.17B | $15.64B |
| Liabilities | $9.42B | $9.62B | $9.28B | $9.09B | $8.81B | $8.46B | $8.10B | $7.53B |
| Equity | $10.52B | $10.71B | $10.23B | $10.28B | $10.21B | $9.35B | $8.08B | $8.11B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-86.0M | $133.0M | $194.0M | $206.0M | $26.0M | $128.0M | $246.0M | $349.0M |