Transocean Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,140	3,965	3,524	2,832	2,575	2,556
Revenue Growth (YoY)	12.90%	12.51%	24.44%	9.98%	0.74%	-18.91%
Cost of Revenue	2,394	2,406	2,199	1,986	1,679	1,697
Gross Profit	1,746	1,559	1,325	846	896	859
Selling, General & Admin	194	195	214	187	182	167
Depreciation & Amortization Expenses	626	659	739	744	735	742
Other Operating Expenses	3,040	3,042	789	240	10	62
Total Operating Expenses	3,860	3,896	1,742	1,171	927	971
Operating Income	-2,114	-2,337	-417	-325	-31	-112
Interest Income	42	40	50	52	27	15
Interest Expense	-715	-555	-362	-646	-561	-447
Other Non-Operating Income (Expense)	-104	-96	206	-22	3	74
Total Non-Operating Income (Expense)	-777	-611	-106	-616	-531	-358
Pretax Income	-2,891	-2,948	-523	-941	-562	-470
Provision for Income Taxes	-126	-33	-11	13	59	121
Net Income	-2,836	-2,915	-512	-954	-621	-592
Minority Interest in Earnings	-	-	-	-	-	1
Net Income to Common	-2,836	-2,915	-512	-954	-621	-592
Shares Outstanding (Basic)	1,016	960	850	768	699	637
Shares Outstanding (Diluted)	1,020	960	925	768	699	637
Shares Change (YoY)	10.54%	3.78%	20.44%	9.87%	9.73%	3.58%
EPS (Basic)	-2.98	-3.04	-0.60	-1.24	-0.89	-0.93
EPS (Diluted)	-2.98	-3.04	-0.76	-1.24	-0.89	-0.93
Shares Outstanding	1,107	1,102	875.83	809	721.89	655.51
Free Cash Flow	796	626	193	-263	-269	367
Free Cash Flow Growth	27.16%	224.35%	-	-	-	175.94%
Free Cash Flow Per Share	0.78	0.65	0.21	-0.34	-0.38	0.58
Gross Margin	42.17%	39.32%	37.60%	29.87%	34.80%	33.61%
Operating Margin	-51.06%	-58.94%	-11.83%	-11.48%	-1.20%	-4.38%
Profit Margin	-66.79%	-73.52%	-14.53%	-33.69%	-24.12%	-23.12%
FCF Margin	19.23%	15.79%	5.48%	-9.29%	-10.45%	14.36%
EBITDA	-1,488	-1,678	326	471	821	850
EBITDA Margin	-35.94%	-42.32%	9.25%	16.63%	31.88%	33.26%
EBIT	-2,114	-2,337	-417	-325	-31	-112
EBIT Margin	-51.06%	-58.94%	-11.83%	-11.48%	-1.20%	-4.38%
Effective Tax Rate	4.36%	1.12%	2.10%	-1.38%	-10.50%	-25.74%

SEC Filings: 10-K · 10-Q