RIG Q1 2022 Earnings — Transocean Ltd. Revenue & Financial Results | Market Cap Arena

RIGTransocean Ltd.

$6B

Q1 2022 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$586M-10.3% YoY

Gross Profit

$174M29.7% margin

Operating Income

-$50M-8.5% margin

Net Income

-$175M-29.9% margin

EPS (Diluted)

$-0.26

QoQ Revenue Growth

-5.6%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$107M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$20.4B

Total Liabilities

$9.2B

Stockholders' Equity

$11.1B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$586M	$653M	-10.3%
Gross Profit	$174M	$218M	-20.2%
Operating Income	-$50M	-$67M	+25.4%
Net Income	-$175M	-$99M	-76.8%

Geographic Segments

U.S.

$268M46%

Norway

$193M33%

Other

$122M21%