10-Q quarterly report · filed May 5, 2026

Transocean Ltd. (RIG) Q1 2026 10-Q Quarterly Report

Short answer

Transocean Ltd. (RIG) filed its Q1 2026 10-Q quarterly report on May 5, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $1.1B (up 19.3% year over year) with net income of $71M.

Q1 2026 key financials · XBRL

Revenue
$1.1B
+19.3% YoY
Net income
$71M
+189.9% YoY
Operating margin
26.5%
EPS (diluted)
$0.06
+154.5% YoY

Source: XBRL data from the Transocean Ltd. (RIG) Q1 2026 10-Q on SEC EDGAR. USD.

Transocean Ltd. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Single operating segment, fleet of 27 offshore drilling units as of April 28, 2026
  • Best and worst-performing product lines not applicable; single operating segment
  • Cash position, operating cash flow and capital deployment figures not provided
  • Outlook risks: commodity prices, rig utilization, dayrates, contract cancellations and liquidity access

Risk Factors

  • Risk Factors section not provided; supplied text covers Items 2–6 and signatures
  • Potential merger risk triggered by February 9, 2026 Valaris business combination agreement
  • Debt compliance risk reflected in March 2, 2026 supplemental indenture
  • Financial flexibility risk from $4.06 billion remaining share-repurchase authorization
  • Trading-compliance risk: no director or officer adopted or terminated a Rule 10b5-1 arrangement during the quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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