RIG Q3 2024 Earnings — Transocean Ltd. Revenue & Financial Results | Market Cap Arena

RIGTransocean Ltd.

$6B

Q3 2024 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$948M+33.0% YoY

Gross Profit

$385M40.6% margin

Operating Income

-$485M-51.2% margin

Net Income

-$494M-52.1% margin

EPS (Diluted)

$-0.58

QoQ Revenue Growth

+10.1%

Cash Flow

Operating Cash Flow

$194M

Free Cash Flow

$136M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$19.5B

Total Liabilities

$9.3B

Stockholders' Equity

$10.2B

Cash & Equivalents

$800M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$948M	$713M	+33.0%
Gross Profit	$385M	$189M	+103.7%
Operating Income	-$485M	-$55M	-781.8%
Net Income	-$494M	-$220M	-124.5%

Geographic Segments

UNITED STATES

$395M42%

BRAZIL

$204M22%

Other Geographical

$177M19%

NORWAY

$172M18%