Filing Flows › Transocean (RIG) › Q3 2026 › vs Q3 2025
Transocean (RIG) Q3 2026 vs Q3 2025 (year over year)
Transocean's revenue fell $91.0M (-9%) from $1.0B in Q3 2025 to $937M in Q3 2026. The biggest changes: Ultra-deepwater floaters −$106M (-15%); Harsh environment floaters +$15.0M (+5%).
Transocean, Q3 2026: revenue $937M (-9% year over year), operating margin 15.3%, net earnings $26.0M, operating cash flow $174M. The chart draws each line against Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Ultra-deepwater floaters | $590M | $696M | −$106M | -15% |
| Harsh environment floaters | $347M | $332M | $15.0M | +5% |
| Revenue | $937M | $1.0B | −$91.0M | -9% |
| Income tax benefit | $101M | −$26.0M | $127M | — |
| Costs & expenses | $1.0B | $3.0B | −$1.9B | -65% |
| Operating costs | $794M | $2.7B | −$1.9B | -71% |
| Interest & other, net | $218M | $220M | −$2.0M | -0.9% |
| Net earnings | $26.0M | −$1.9B | $1.9B | — |
| Cost of revenue | $589M | $584M | $5.0M | +0.9% |
| General & admin | $62.0M | $46.0M | $16.0M | +35% |
| Other operating costs | $143M | $2.1B | −$1.9B | -93% |
| Operating cash sources | $184M | −$1.8B | $1.9B | — |
| Depreciation & amortization | $146M | $161M | −$15.0M | -9% |
| Share-based compensation | $12.0M | $10.0M | $2.0M | +20% |
| Working capital & other | $10.0M | −$2.0B | $2.0B | — |
| Operating cash flow | $174M | $246M | −$72.0M | -29% |
Questions
How much did Transocean's revenue grow year over year in Q3 2026?
Transocean's revenue fell $91.0M (-9%) from $1.0B in Q3 2025 to $937M in Q3 2026.
What drove Transocean's revenue change in Q3 2026?
Ultra-deepwater floaters −$106M (-15%); Harsh environment floaters +$15.0M (+5%).