Transocean (RIG) Operating Expenses (2009 - 2026)
Transocean (RIG) posted quarterly Operating Expenses of $798.0 million for Q1 2026, down 5.45% year-over-year from $844.0 million in Q1 2025, and little changed quarter-over-quarter from $802.0 million in Q4 2025.
Transocean (RIG) Operating Expenses (2009 - 2026) Analysis & Trends
Transocean (RIG) has reported Operating Expenses for 18 consecutive years, with $798.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 5.45% year-over-year to $798.0 million; the TTM figure through Mar 2026 stood at $3.2 billion (down 0.68% YoY), while the FY2025 annual figure was $3.3 billion, up 3.43% from the prior year.
- Operating Expenses held at $798.0 million in Q1 2026 per RIG's latest filing, from $802.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $844.0 million in Q1 2025 and bottomed at $635.0 million in Q3 2022.
- Historically, Operating Expenses has averaged $748.4 million across 5 years, with a median of $777.0 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Expenses increased 20.93% — and 2026, when it decreased 5.45%.
- Transocean's Operating Expenses stood at $664.0 million in 2022, then grew by 20.93% to $803.0 million in 2023, then rose by 1.49% to $815.0 million in 2024, then declined by 1.6% to $802.0 million in 2025, then decreased by 0.5% to $798.0 million in 2026.
- Business Quant data shows RIG's Operating Expenses at $798.0 million in Q1 2026, $802.0 million in Q4 2025, and $791.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 689.21 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 812.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 1.23 Bn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 846.65 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 377.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 232.10 Mn |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 802.04 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 19.12 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 498.70 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | 204.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 812.00 Mn |
| Mar 31, 2026 | 798.00 Mn |
| Dec 31, 2025 | 802.00 Mn |
| Sep 30, 2025 | 791.00 Mn |
| Jun 30, 2025 | 823.00 Mn |
| Mar 31, 2025 | 844.00 Mn |
| Dec 31, 2024 | 815.00 Mn |
| Sep 30, 2024 | 800.00 Mn |
| Jun 30, 2024 | 777.00 Mn |
| Mar 31, 2024 | 760.00 Mn |
| Dec 31, 2023 | 803.00 Mn |
| Sep 30, 2023 | 760.00 Mn |
| Jun 30, 2023 | 718.00 Mn |
| Mar 31, 2023 | 636.00 Mn |
| Dec 31, 2022 | 664.00 Mn |
| Sep 30, 2022 | 635.00 Mn |
| Jun 30, 2022 | 660.00 Mn |
| Mar 31, 2022 | 637.00 Mn |
| Dec 31, 2021 | 663.00 Mn |
| Sep 30, 2021 | 623.00 Mn |