Transocean (RIG)
Operates ultra-deepwater drillships and harsh-environment semisubmersibles for offshore oil and gas wells.
$5.51
After-hours close+0.02 (+0.36%)
At close$5.49(+0.73%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 713 | 741 | 763 | 861 | 948 | 952 | 906 | 988 | 1,028 | 1,043 | 1,081 | 966 |
| Cost of revenue | 192 | 184 | 185 | 184 | 190 | 180 | 176 | 175 | 161 | 147 | 143 | 608 |
| Gross profit | 521 | 557 | 578 | 677 | 758 | 772 | 730 | 813 | 867 | 896 | 938 | 358 |
| 576 | 628 | 581 | 736 | 1,243 | 635 | 668 | 648 | 630 | 655 | 655 | 206 | |
| 44 | 50 | 52 | 59 | 47 | 56 | 50 | 49 | 46 | 50 | 49 | 56 | |
| General & administrative | 44 | 50 | 52 | 59 | 47 | 56 | 50 | 49 | 46 | 50 | 49 | 56 |
| Other expenses | 532 | 578 | 529 | 677 | 1,196 | 579 | 618 | 599 | 584 | 605 | 606 | 150 |
| Operating income | −55 | −71 | −3 | −59 | −485 | 137 | 62 | 165 | 237 | 241 | 283 | 152 |
| −208 | −12 | −90 | 92 | −40 | −75 | −102 | −1,258 | −2,134 | −159 | −266 | 32 | |
| Interest income | 12 | 10 | 15 | 14 | 11 | 10 | 8 | 10 | 12 | 10 | 10 | 32 |
| Interest expense | 232 | −3 | 117 | 74 | 80 | 91 | 116 | 112 | 154 | 173 | 276 | 0 |
| Other non-operating income | −24 | 15 | −27 | −166 | −40 | −16 | −14 | 1,146 | 1,980 | −14 | −10 | 20 |
| Income before tax | −263 | −83 | −93 | 33 | −525 | 62 | −40 | −1,093 | −1,897 | 82 | 17 | 184 |
| Income tax expense | −43 | 21 | −191 | 156 | −31 | 55 | 39 | −155 | 26 | 57 | −54 | 14 |
| Net income from continuing operations | −220 | −104 | 98 | −123 | −494 | 7 | −79 | −938 | −1,923 | 25 | 71 | 170 |
| Net income | −220 | −104 | 98 | −123 | −494 | 7 | −79 | −938 | −1,923 | 25 | 71 | 170 |
| EPS, basic | −$0.28 | −$0.13 | $0.12 | −$0.15 | −$0.56 | $0.01 | −$0.09 | −$1.06 | −$2.08 | $0.03 | $0.06 | $0.15 |
| EPS, diluted | −$0.28 | −$0.13 | $0.11 | −$0.15 | −$0.58 | −$0.11 | −$0.11 | −$1.06 | −$2.06 | $0.03 | $0.06 | $0.14 |
| Weighted average shares, basic | 774 | 809 | 819 | 824 | 879 | 865 | 883 | 888 | 911 | 960 | 1,109 | 1,120 |
| Weighted average shares, diluted | 774 | 809 | 955 | 824 | 954 | 940 | 958 | 888 | 911 | 960 | 1,124 | 1,202 |
| EBITDA | 169 | 105 | 213 | 291 | −255 | 333 | 252 | −806 | −1,582 | 402 | 436 | 280 |
| Depreciation & amortization | 200 | 191 | 189 | 184 | 190 | 180 | 176 | 175 | 161 | 147 | 143 | 148 |
| EBIT | −31 | −86 | 24 | 107 | −445 | 153 | 76 | −981 | −1,743 | 255 | 293 | 132 |
