FY2025 · ended Dec 31, 2025 · Revenue $3.96B, +12.5% YoY · Filed Feb 23, 2026
Transocean Ltd. (RIG) files with the SEC under industry code 1381, Drilling Oil & Gas Wells. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $4.0 billion and a net loss of $2.9 billion. Free cash flow was $626.0 million. As of Sep 30, 2026 it held $499.0 million in cash and investments and $5.0 billion in total debt.
Revenue (TTM)
$4.03B
+3.9% vs year-ago TTM
Net income (TTM)
$292.00M
+110.0% vs year-ago TTM
Operating cash flow (TTM)
$923.00M
+52.3% vs year-ago TTM
Free cash flow (TTM)
$800.00M
+66.0% vs year-ago TTM
EPS (TTM)
$0.26
+108.2% vs year-ago TTM
Dividend per share
None
Shares outstanding
1.10B
+25.5% vs prior year
Net cash
$-4.52B
as of Sep 30, 2026
Operating margin
20.4%
FY 2026
Company profile
- Industry
- Drilling Oil & Gas Wells (SIC 1381)
- Listed as
- RIG (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- Switzerland
- Headquarters
- Steinhausen, Switzerland
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1451505
Other Drilling Oil & Gas Wells companies
- Noble Corp plc NE
- Valaris Ltd VAL
- Patterson Uti Energy Inc PTEN
- Helmerich & Payne, Inc. HP
- Baytex Energy Corp. BTE
- SEADRILL Ltd SDRL
- Nabors Industries Ltd NBR
- PRECISION DRILLING Corp PDS
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $4.0B | $3.5B | $2.8B | $2.6B | $2.6B |
| Operating income | -$2.3B | -$417.0M | -$325.0M | -$31.0M | -$112.0M |
| Net income | -$2.9B | -$512.0M | -$954.0M | -$621.0M | -$592.0M |
| Diluted EPS | -$3.04 | -$0.76 | -$1.24 | -$0.89 | -$0.93 |
| Operating cash flow | $749.0M | $447.0M | $164.0M | $448.0M | $575.0M |
| Free cash flow | $626.0M | $193.0M | -$263.0M | -$269.0M | $367.0M |
| Total assets | $15.6B | $19.4B | $20.3B | $20.4B | $20.7B |
| Stockholders' equity | $8.1B | $10.3B | $10.4B | $10.8B | $11.2B |
| Cash and investments | $620.0M | $560.0M | $762.0M | $683.0M | $976.0M |
| Total debt | $5.8B | $7.0B | $7.2B | $7.5B | $7.3B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 3, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Nov 2, 2026 | Nov 2, 2026 |
| 8-K |
Current report
Other events
|
Oct 23, 2026 | Oct 23, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Oct 19, 2026 | Oct 19, 2026 |
| 8-K |
Current report
Material agreement, New debt, Regulation FD disclosure
|
Oct 15, 2026 | Oct 15, 2026 |
| 8-K |
Current report
Other events
|
Oct 14, 2026 | Oct 14, 2026 |
All 1000 Transocean Ltd. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.