RIG Q3 2022 Earnings — Transocean Ltd. Revenue & Financial Results | Market Cap Arena

RIGTransocean Ltd.

$6B

Q3 2022 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$691M+10.4% YoY

Gross Profit

$280M40.5% margin

Operating Income

$53M7.7% margin

Net Income

-$28M-4.1% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$230M

Free Cash Flow

$143M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$20.6B

Total Liabilities

$9.4B

Stockholders' Equity

$11.2B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$691M	$626M	+10.4%
Gross Profit	$280M	$228M	+22.8%
Operating Income	$53M	$188M	-71.8%
Net Income	-$28M	-$130M	+78.5%

Geographic Segments

U.S.

$288M43%

Norway

$244M36%

Other Countries

$145M21%