RIG Q2 2022 Earnings — Transocean Ltd. Revenue & Financial Results | Market Cap Arena

RIGTransocean Ltd.

$6B

Q2 2022 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$692M+5.5% YoY

Gross Profit

$259M37.4% margin

Operating Income

$28M4.0% margin

Net Income

-$68M-9.8% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+18.1%

Cash Flow

Operating Cash Flow

$41M

Free Cash Flow

-$74M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$20.6B

Total Liabilities

$9.4B

Stockholders' Equity

$11.2B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$692M	$656M	+5.5%
Gross Profit	$259M	$222M	+16.7%
Operating Income	$28M	-$2M	+1500.0%
Net Income	-$68M	-$103M	+34.0%

Geographic Segments

U.S.

$253M37%

Norway

$241M35%

Other Countries

$198M29%