Transocean (RIG) Tax Provisions (2009 - 2026)
Transocean (RIG) reported Tax Provisions of -$54.0 million for Q1 2026, down 238.46% year-over-year from $39.0 million in Q1 2025, and down 194.74% quarter-over-quarter from $57.0 million in Q4 2025.
Transocean (RIG) Tax Provisions (2009 - 2026) Analysis & Trends
Transocean (RIG) has 18 years of Tax Provisions data on file, last reported at -$54.0 million in Q1 2026.
- Tax Provisions for Q1 2026 came in at -$54.0 million, down 238.46% year-over-year; the trailing twelve-month figure through Mar 2026 was -$126.0 million (down 157.53% YoY), and the FY2025 annual result was -$33.0 million, down 200.0% from the prior year.
- Tax Provisions slipped to -$54.0 million in Q1 2026 per RIG's latest filing, from $57.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $156.0 million in Q2 2024 and troughed at -$191.0 million in Q1 2024.
- A 5-year average of -$2.6 million and a median of $3.0 million in 2022 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions sank 760.0% in 2023, then jumped 1733.33% in 2024.
- A 5-year view of Tax Provisions shows it stood at $35.0 million in 2022, then sank by 91.43% to $3.0 million in 2023, then jumped by 1733.33% to $55.0 million in 2024, then grew by 3.64% to $57.0 million in 2025, then tumbled by 194.74% to -$54.0 million in 2026.
- Business Quant data shows RIG's Tax Provisions at -$54.0 million in Q1 2026, $57.0 million in Q4 2025, and $26.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 6.72 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 72.95 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | -54.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -3.60 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 9.30 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 23.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 11.83 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -11.10 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 18.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -54.00 Mn |
| Dec 31, 2025 | 57.00 Mn |
| Sep 30, 2025 | 26.00 Mn |
| Jun 30, 2025 | -155.00 Mn |
| Mar 31, 2025 | 39.00 Mn |
| Dec 31, 2024 | 55.00 Mn |
| Sep 30, 2024 | -31.00 Mn |
| Jun 30, 2024 | 156.00 Mn |
| Mar 31, 2024 | -191.00 Mn |
| Dec 31, 2023 | 3.00 Mn |
| Sep 30, 2023 | -43.00 Mn |
| Jun 30, 2023 | -16.00 Mn |
| Mar 31, 2023 | 51.00 Mn |
| Dec 31, 2022 | 35.00 Mn |
| Sep 30, 2022 | -5.00 Mn |
| Jun 30, 2022 | 3.00 Mn |
| Mar 31, 2022 | 26.00 Mn |
| Dec 31, 2021 | 111.00 Mn |
| Sep 30, 2021 | 27.00 Mn |
| Jun 30, 2021 | 4.00 Mn |