RIG Q3 2023 Earnings — Transocean Ltd. Revenue & Financial Results | Market Cap Arena

RIGTransocean Ltd.

$6B

Q3 2023 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$713M+3.2% YoY

Gross Profit

$189M26.5% margin

Operating Income

-$55M-7.7% margin

Net Income

-$220M-30.9% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

-$44M

Free Cash Flow

-$94M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$20.0B

Total Liabilities

$9.7B

Stockholders' Equity

$10.3B

Cash & Equivalents

$808M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$713M	$691M	+3.2%
Gross Profit	$189M	$280M	-32.5%
Operating Income	-$55M	$53M	-203.8%
Net Income	-$220M	-$28M	-685.7%

Geographic Segments

U.S.

$360M50%

Other Countries

$189M27%

Norway

$164M23%