Filing Flows › Transocean (RIG) › How it makes money
How Transocean (RIG) makes money
Transocean (RIG) made $937M of revenue in the third quarter 2026 (Q3 2026), -9% from a year earlier. Ultra-deepwater floaters brought in $590M (63%); Harsh environment floaters brought in $347M (37%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Ultra-deepwater floaters | $590M | 63.0% | -5% | -15% |
| Harsh environment floaters | $347M | 37.0% | +1% | +5% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $937M | 100.0% |
| Operating cash flow | $174M | 18.6% |
| Free cash flow | $131M | 14.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $937M | -9% |
| Q2 2026 | $966M | -2% |
| Q1 2026 | $1.1B | +19% |
| Q4 2025 | $1.0B | +10% |
| Q3 2025 | $1.0B | +8% |
| Q2 2025 | $988M | +15% |
| Q1 2025 | $906M | +19% |
From Transocean's 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does Transocean make money?
Transocean (RIG) made $937M of revenue in the third quarter 2026 (Q3 2026), -9% from a year earlier. Ultra-deepwater floaters brought in $590M (63%); Harsh environment floaters brought in $347M (37%).
What is Transocean's biggest business?
Ultra-deepwater floaters: $590M in the third quarter 2026, 63% of revenue, -15% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.