Transocean (RIG) Operating Expenses (2009 - 2026)
Transocean (RIG) reported 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 18 years of Operating Expenses data on file, last reported at $798.0 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $798.0 million, down 5.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.2 billion (down 0.68% YoY), and the FY2025 annual result 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.
- Over five years, Operating Expenses peaked at $844.0 million in Q1 2025 and troughed at $635.0 million in Q3 2022.
- A 5-year average of $748.4 million and a median of $777.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2026: Operating Expenses increased 20.93% in 2023, then decreased 5.45% in 2026.
- A 5-year view of Operating Expenses shows it stood at $664.0 million in 2022, then climbed by 20.93% to $803.0 million in 2023, then increased by 1.49% to $815.0 million in 2024, then dropped by 1.6% to $802.0 million in 2025, then retreated 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 30.44 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 560.38 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 798.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 1.13 Bn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 969.28 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 334.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 120.03 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 765.29 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -144.70 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 452.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 659.00 Mn |