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% on a QoQ basis from $57.0 million in Q4 2025.
Transocean (RIG) has 18 years of Tax Provisions data on file, last reported at -$54.0 million in Q1 2026.
- Quarterly Tax Provisions fell 238.46% year-over-year to -$54.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$126.0 million (down 157.53% YoY) and the FY2025 annual result came in at -$33.0 million, down 200.0% from the prior year.
- Tax Provisions eased to -$54.0 million in Q1 2026 per RIG's latest filing, from $57.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $156.0 million in Q2 2024 and bottomed at -$191.0 million in Q1 2024.
- The 5-year median for Tax Provisions is $3.0 million (2022), against an average of -$2.6 million.
- The widest annual swing landed in 2023, when Tax Provisions tumbled 760.0%; it then surged 1733.33% in 2024.
- Tracing RIG's Tax Provisions over 5 years: stood at $35.0 million in 2022, then tumbled by 91.43% to $3.0 million in 2023, then surged by 1733.33% to $55.0 million in 2024, then advanced by 3.64% to $57.0 million in 2025, then sank by 194.74% to -$54.0 million in 2026.
- Per Business Quant, the three latest RIG Tax Provisions figures stand at -$54.0 million (Q1 2026), $57.0 million (Q4 2025), and $26.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | - |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 72.95 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | -54.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -3.60 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 9.30 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 23.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 11.83 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | -12.20 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 |
| Mar 31, 2021 | -21.00 Mn |
| Dec 31, 2020 | 23.00 Mn |
| Sep 30, 2020 | -24.00 Mn |
| Jun 30, 2020 | 32.00 Mn |
| Mar 31, 2020 | -4.00 Mn |
| Dec 31, 2019 | -272.00 Mn |
| Sep 30, 2019 | 54.00 Mn |
| Jun 30, 2019 | 37.00 Mn |
| Mar 31, 2019 | -8.00 Mn |
| Dec 31, 2018 | 110.00 Mn |
| Sep 30, 2018 | -30.00 Mn |
| Jun 30, 2018 | 85.00 Mn |
| Mar 31, 2018 | 63.00 Mn |
| Dec 31, 2017 | -9.00 Mn |
| Sep 30, 2017 | 180.00 Mn |
| Jun 30, 2017 | -37.00 Mn |
| Mar 31, 2017 | -40.00 Mn |
| Dec 31, 2016 | -83.00 Mn |
| Sep 30, 2016 | 6.00 Mn |
| Jun 30, 2016 | 18.00 Mn |
| Mar 31, 2016 | 98.00 Mn |
| Dec 31, 2015 | -20.00 Mn |
| Sep 30, 2015 | 17.00 Mn |
| Jun 30, 2015 | 40.00 Mn |
| Mar 31, 2015 | 83.00 Mn |
| Dec 31, 2014 | -44.00 Mn |
| Sep 30, 2014 | -16.00 Mn |
| Jun 30, 2014 | 72.00 Mn |
| Mar 31, 2014 | 80.00 Mn |
| Dec 31, 2013 | 53.00 Mn |
| Sep 30, 2013 | 63.00 Mn |
| Jun 30, 2013 | 132.00 Mn |
| Mar 31, 2013 | 20.00 Mn |
| Dec 31, 2012 | 59.00 Mn |
| Sep 30, 2012 | 105.00 Mn |
| Jun 30, 2012 | -15.00 Mn |
| Mar 31, 2012 | 34.00 Mn |
| Dec 31, 2011 | 113.00 Mn |
| Sep 30, 2011 | 93.00 Mn |
| Jun 30, 2011 | 77.00 Mn |
| Mar 31, 2011 | 81.00 Mn |
| Dec 31, 2010 | -76.00 Mn |
| Sep 30, 2010 | 123.00 Mn |
| Jun 30, 2010 | 98.00 Mn |
| Mar 31, 2010 | 147.00 Mn |
| Dec 31, 2009 | 150.00 Mn |
| Sep 30, 2009 | 138.00 Mn |
| Jun 30, 2009 | 184.00 Mn |
| Mar 31, 2009 | 251.00 Mn |