Exchange: NYSE·Updated 02:53 PM EST

RIG Earnings

Latest Earnings Results: Q3 '26

Reported: Nov 02

Estimated EPS

$0.02

Reported EPS

$0.00

Surprise

-100%

Estimated Rev

$943.99M

Reported Rev

$937M

Surprise

-0.74%

• Reported GAAP EPS of $0.00 • Reported revenue of $937M down -8.85% YoY • Transocean guided 4Q26 contract drilling revenues of $915.97B and FY26 revenues of $39T; preliminary FY27 revenue guidance is $4B, with FY27 interest expense of $415M.

Bullish Takeaway

Transocean increased backlog to approximately $8B, reported approximately 95% 2027 contract coverage, retired $200M of debt ahead of schedule, and identified $200M in annual Valaris synergies.

Bearish Takeaway

Transocean reported lower contract drilling revenue and fleet utilization, lower adjusted EBITDA and free cash flow versus 3Q25, and cited offshore activity, operating hazards, delays, and oil-and-gas price fluctuations as risks.

Generated by Stocktwits using AI and company-reported earnings data for Q3 '26. This recap is intended to help readers understand the quarter quickly. Verify key figures in the linked source materials; the summary may contain errors and is not investment advice.

8-K

Historical Earnings

Quarterly

Annual

EPS

Revenue

Fiscal PeriodEstimatedReportedSurpriseResult
Q4 '26
$0.06
--
--
N/A
Q3 '26
$0.02
$0.00
-100.00%
MISSED
Q2 '26
$0.01
$0.15
1427.96%
BEAT
Q1 '26
$0.08
-$0.03
-136.85%
MISSED
Q4 '25
$0.08
$0.02
-75.97%
MISSED

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