Transocean Ltd. (RIG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.08B | 1.04B | 1.03B | 988M | 906M | 952M | 948M | 861M | 763M | 741M | 713M | 729M | 649M | 606M | 691M | 692M | 586M | 621M | 626M | 656M |
| Revenue Growth % | 19.32% | 9.56% | 8.44% | 14.75% | 18.74% | 28.48% | 32.96% | 18.11% | 17.57% | 22.28% | 3.18% | 5.35% | 10.75% | -2.42% | 10.38% | 5.49% | -10.26% | -10% | -19.02% | -29.46% |
| Cost of Goods Sold | 606M | 147M | 161M | 175M | 176M | 180M | 190M | 184M | 185M | 184M | 192M | 186M | 182M | 186M | 182M | 184M | 183M | 184M | 185M | 186M |
| COGS % of Revenue | 56.06% | 14.09% | 15.66% | 17.71% | 19.43% | 18.91% | 20.04% | 21.37% | 24.25% | 24.83% | 26.93% | 25.51% | 28.04% | 30.69% | 26.34% | 26.59% | 31.23% | 29.63% | 29.55% | 28.35% |
| Gross Profit | 332M | 896M | 867M | 813M | 730M | 772M | 758M | 677M | 578M | 557M | 521M | 543M | 467M | 420M | 509M | 508M | 403M | 437M | 441M | 470M |
| Gross Margin % | 30.71% | 85.91% | 84.34% | 82.29% | 80.57% | 81.09% | 79.96% | 78.63% | 75.75% | 75.17% | 73.07% | 74.49% | 71.96% | 69.31% | 73.66% | 73.41% | 68.77% | 70.37% | 70.45% | 71.65% |
| Gross Profit Growth % | -54.52% | 16.06% | 14.38% | 20.09% | 26.3% | 38.6% | 45.49% | 24.68% | 23.77% | 32.62% | 2.36% | 6.89% | 15.88% | -3.89% | 15.42% | 8.09% | -13.52% | -12.77% | -24.36% | -35.97% |
| Operating Expenses | 49M | 655M | 630M | 648M | 668M | 635M | 1.24B | 736M | 581M | 628M | 576M | 585M | 624M | 482M | 456M | 480M | 453M | 480M | 441M | 472M |
| OpEx % of Revenue | 4.53% | 62.8% | 61.28% | 65.59% | 73.73% | 66.7% | 131.12% | 85.48% | 76.15% | 84.75% | 80.79% | 80.25% | 96.15% | 79.54% | 65.99% | 69.36% | 77.3% | 77.29% | 70.45% | 71.95% |
| Selling, General & Admin | 49M | 50M | 46M | 49M | 50M | 56M | 47M | 59M | 52M | 50M | 44M | 48M | 45M | 55M | 42M | 43M | 42M | 49M | 40M | 39M |
| SG&A % of Revenue | 4.53% | 4.79% | 4.47% | 4.96% | 5.52% | 5.88% | 4.96% | 6.85% | 6.82% | 6.75% | 6.17% | 6.58% | 6.93% | 9.08% | 6.08% | 6.21% | 7.17% | 7.89% | 6.39% | 5.95% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 283M | 241M | 237M | 165M | 62M | 137M | -485M | -59M | -3M | -71M | -55M | -42M | -157M | -62M | 53M | 28M | -50M | -43M | 0 | -2M |
| Operating Margin % | 26.18% | 23.11% | 23.05% | 16.7% | 6.84% | 14.39% | -51.16% | -6.85% | -0.39% | -9.58% | -7.71% | -5.76% | -24.19% | -10.23% | 7.67% | 4.05% | -8.53% | -6.92% | - | -0.3% |
| Operating Income Growth % | 356.45% | 75.91% | 148.87% | 379.66% | 2166.67% | 292.96% | -781.82% | -40.48% | 98.09% | -14.52% | -203.77% | -250% | -214% | -44.19% | - | 1500% | 25.37% | -26.47% | -100% | 99.24% |
| EBITDA | 426M | 388M | 398M | 340M | 238M | 317M | -295M | 125M | 186M | 120M | 145M | 163M | 43M | 143M | 274M | 242M | 162M | 191M | 249M | 241M |
| EBITDA Margin % | 39.41% | 37.2% | 38.72% | 34.41% | 26.27% | 33.3% | -31.12% | 14.52% | 24.38% | 16.19% | 20.34% | 22.36% | 6.63% | 23.6% | 39.65% | 34.97% | 27.65% | 30.76% | 39.78% | 36.74% |
| EBITDA Growth % | 78.99% | 22.4% | 234.92% | 172% | 27.96% | 164.17% | -303.45% | -23.31% | 332.56% | -16.08% | -47.08% | -32.64% | -73.46% | -25.13% | 10.04% | 0.41% | -7.95% | -9.91% | -0.8% | 1706.67% |
| D&A (Non-Cash Add-back) | 143M | 147M | 161M | 175M | 176M | 180M | 190M | 184M | 189M | 191M | 200M | 205M | 200M | 205M | 221M | 214M | 212M | 234M | 242M | 243M |
| EBIT | 283M | 255M | -1.74B | -981M | 76M | 153M | -445M | 107M | 24M | -86M | -31M | -13M | -165M | -52M | 63M | 35M | -47M | -42M | 7M | 16M |
| Net Interest Income | -266M | -163M | -142M | -102M | -108M | -81M | -69M | -60M | -102M | 13M | -220M | -157M | -230M | -251M | -87M | -96M | -100M | -103M | -106M | -111M |
| Interest Income | 10M | 10M | 12M | 10M | 8M | 10M | 11M | 14M | 15M | 10M | 12M | 11M | 19M | 12M | 9M | 4M | 2M | 4M | 4M | 4M |
| Interest Expense | 276M | 173M | 154M | 112M | 116M | 91M | 80M | 74M | 117M | -3M | 232M | 168M | 249M | 263M | 96M | 100M | 102M | 107M | 110M | 115M |
| Other Income/Expense | 0 | -159M | -2.13B | -1.26B | -102M | -75M | -40M | 92M | -90M | -12M | -208M | -139M | -257M | -253M | -86M | -93M | -99M | -106M | -103M | -97M |
| Pretax Income | 17M | 82M | -1.9B | -1.09B | -40M | 62M | -525M | 33M | -93M | -83M | -263M | -181M | -414M | -315M | -33M | -65M | -149M | -149M | -103M | -99M |
| Pretax Margin % | 1.57% | 7.86% | -184.53% | -110.63% | -4.42% | 6.51% | -55.38% | 3.83% | -12.19% | -11.2% | -36.89% | -24.83% | -63.79% | -51.98% | -4.78% | -9.39% | -25.43% | -23.99% | -16.45% | -15.09% |
| Income Tax | -54M | 57M | 26M | -155M | 39M | 55M | -31M | 156M | -191M | 21M | -43M | -16M | 51M | 35M | -5M | 3M | 26M | 111M | 27M | 4M |
| Effective Tax Rate % | -317.65% | 69.51% | -1.37% | 14.18% | -97.5% | 88.71% | 5.9% | 472.73% | 205.38% | -25.3% | 16.35% | 8.84% | -12.32% | -11.11% | 15.15% | -4.62% | -17.45% | -74.5% | -26.21% | -4.04% |
| Net Income | 71M | 25M | -1.92B | -938M | -79M | 7M | -494M | -123M | 98M | -104M | -220M | -165M | -465M | -350M | -28M | -68M | -175M | -260M | -130M | -103M |
| Net Margin % | 6.57% | 2.4% | -187.06% | -94.94% | -8.72% | 0.74% | -52.11% | -14.29% | 12.84% | -14.04% | -30.86% | -22.63% | -71.65% | -57.76% | -4.05% | -9.83% | -29.86% | -41.87% | -20.77% | -15.7% |
| Net Income Growth % | 189.87% | 257.14% | -289.27% | -662.6% | -180.61% | 106.73% | -124.55% | 25.45% | 121.08% | 70.29% | -685.71% | -142.65% | -165.71% | -34.62% | 78.46% | 33.98% | -76.77% | -602.7% | -136.21% | 79.28% |
| Net Income (Continuing) | 71M | 25M | -1.92B | -938M | -79M | 7M | -494M | -123M | 98M | -104M | -220M | -165M | -465M | -350M | -28M | -68M | -175M | -260M | -130M | -103M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 4M | 4M |
| EPS (Diluted) | 0.06 | 0.03 | -2.06 | -1.06 | -0.11 | -0.11 | -0.58 | -0.15 | 0.11 | -0.13 | -0.28 | -0.22 | -0.64 | -0.48 | -0.04 | -0.10 | -0.26 | -0.40 | -0.20 | -0.17 |
| EPS Growth % | 157.45% | 123.64% | -255.17% | -606.67% | -200% | 15.38% | -107.14% | 31.82% | 117.19% | 72.92% | -614.29% | -123.8% | -146.15% | -20% | 80.4% | 42.18% | -62.5% | -565.56% | -139.22% | 79.01% |
| EPS (Basic) | 0.06 | 0.03 | -2.08 | -1.06 | -0.09 | 0.01 | -0.56 | -0.15 | 0.12 | -0.13 | -0.28 | -0.22 | -0.64 | -0.48 | -0.04 | -0.10 | -0.26 | -0.40 | -0.20 | -0.17 |
| Diluted Shares Outstanding | 1.12B | 960M | 911M | 888M | 958M | 939.5M | 954M | 824M | 955M | 809.03M | 774M | 761M | 728M | 721.89M | 714M | 692M | 664M | 653M | 653M | 621M |
| Basic Shares Outstanding | 1.11B | 960M | 911M | 888M | 883M | 864.5M | 879M | 824M | 819M | 809.03M | 774M | 761M | 728M | 721.89M | 714M | 692M | 664M | 653M | 653M | 621M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |