Transocean (RIG) Cost of Revenue (2009 - 2026)
Transocean (RIG) posted quarterly Cost of Revenue of $606.0 million for Q1 2026, down 1.94% year-over-year from $618.0 million in Q1 2025, and little changed quarter-over-quarter from $605.0 million in Q4 2025.
Transocean (RIG) Cost of Revenue (2009 - 2026) Analysis & Trends
Transocean (RIG) has reported Cost of Revenue for 18 consecutive years, with $606.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue fell 1.94% year-over-year to $606.0 million; the TTM figure through Mar 2026 stood at $2.4 billion (up 4.36% YoY), while the FY2025 annual figure was $2.4 billion, up 9.41% from the prior year.
- Cost of Revenue held at $606.0 million in Q1 2026 per RIG's latest filing, from $605.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $618.0 million in Q1 2025 and bottomed at $409.0 million in Q1 2023.
- Historically, Cost of Revenue has averaged $522.1 million across 5 years, with a median of $534.0 million in 2024.
- Annual changes were most pronounced in 2022 — Cost of Revenue slipped 5.29% — and 2023, when it surged 34.52%.
- Transocean's Cost of Revenue stood at $423.0 million in 2022, then surged by 34.52% to $569.0 million in 2023, then gained by 1.76% to $579.0 million in 2024, then advanced by 4.49% to $605.0 million in 2025, then rose by 0.17% to $606.0 million in 2026.
- Business Quant data shows RIG's Cost of Revenue at $606.0 million in Q1 2026, $605.0 million in Q4 2025, and $584.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 446.31 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 608.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 630.72 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 684.91 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 215.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | - |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 507.55 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 238.05 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 415.50 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 608.00 Mn |
| Jun 30, 2026 | 608.00 Mn |
| Mar 31, 2026 | 606.00 Mn |
| Mar 31, 2026 | 606.00 Mn |
| Dec 31, 2025 | 605.00 Mn |
| Dec 31, 2025 | 605.00 Mn |
| Sep 30, 2025 | 584.00 Mn |
| Sep 30, 2025 | 584.00 Mn |
| Jun 30, 2025 | 599.00 Mn |
| Jun 30, 2025 | 599.00 Mn |
| Mar 31, 2025 | 618.00 Mn |
| Mar 31, 2025 | 618.00 Mn |
| Dec 31, 2024 | 579.00 Mn |
| Dec 31, 2024 | 579.00 Mn |
| Sep 30, 2024 | 563.00 Mn |
| Sep 30, 2024 | 563.00 Mn |
| Jun 30, 2024 | 534.00 Mn |
| Jun 30, 2024 | 534.00 Mn |
| Mar 31, 2024 | 523.00 Mn |
| Mar 31, 2024 | 523.00 Mn |