10-Q quarterly report · filed Aug 7, 2026

Transocean Ltd. (RIG) Q2 2026 10-Q Quarterly Report

Short answer

Transocean Ltd. (RIG) filed its Q2 2026 10-Q quarterly report on Aug 7, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $966M (down 2.2% year over year) with net income of $170M.

Q2 2026 key financials · XBRL

Revenue
$966M
−2.2% YoY · −10.6% QoQ
Net income
$170M
+118.1% YoY · +139.4% QoQ
Operating margin
15.7%
EPS (diluted)
$0.15
+114.4% YoY · +150.0% QoQ

Source: XBRL data from the Transocean Ltd. (RIG) Q2 2026 10-Q on SEC EDGAR. USD.

Transocean Ltd. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Single operating segment: offshore contract drilling; fleet 27 units as of July 28, 2026
  • Near-term outlook tied to offshore drilling demand, commodity prices, utilization, dayrates, and customer programs
  • Liquidity risks include Secured Credit Facility availability, debt maturities, and adequacy of operating cash flows
  • Capital deployment commentary limited to upgrades, shipyards, reactivations, acquisitions, and proposed Valaris combination

Risk Factors

  • Risk-factors section not provided; supplied text begins with Item 2 and contains no 10-K comparison
  • Proposed Valaris combination creates execution and integration exposure under the February 9, 2026 Business Combination Agreement
  • Rule 10b5-1 insider-sale compliance risk: plans cover up to 198,622 and 262,103 shares
  • Share-repurchase authorization leaves $4.01 billion available, potentially affecting capital allocation and liquidity

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

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