For the quarter ending 2026-03-31, RIG made $1,081M in revenue. $71M in net income. Net profit margin of 6.57%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Contract drilling revenues | 1,081 | 1,043 | 1,028 | 988 |
| Operating and maintenance | 606 | 605 | 584 | 599 |
| Depreciation and amortization | 143 | 147 | 161 | 175 |
| General and administrative | 49 | 50 | 46 | 49 |
| Total costs and expenses | 798 | 802 | 791 | 823 |
| Gain on impairment of assets | - | 0 | 1,913 | 1,136 |
| Loss on disposal of assets, net | 4 | -1 | -1 | 7 |
| Operating income | 287 | 240 | -1,677 | -964 |
| Interest income | 10 | 10 | 12 | 10 |
| Interest expense | 276 | 173 | 154 | 112 |
| Loss on retirement of debt | -11 | 3 | - | - |
| Other, net | 7 | 2 | -78 | -27 |
| Total other income (expense), net | -270 | -158 | -220 | -129 |
| Income (gain) before income taxes | 17 | 82 | -1,897 | -1,093 |
| Income tax expense (benefit) | -54 | 57 | 26 | -155 |
| Net gain | - | 25 | -1,923 | -938 |
| Net income (gain) | 71 | 25 | -1,923 | -938 |
| Basic EPS | 0.06 | 0.023 | -2 | -1.06 |
| Diluted EPS | 0.06 | 0.024 | -2 | -1.06 |
| Basic Average Shares | 1,109,000,000 | 1,108,000,000 | 961,000,000 | 888,000,000 |
| Diluted Average Shares | 1,124,000,000 | 1,033,000,000 | 961,000,000 | 888,000,000 |
Transocean Ltd. (RIG)
Transocean Ltd. (RIG)