Ultra-Deepwater Floaters was Transocean’s largest region in fiscal 2025, bringing in $1.64B of $2.27B (72%).
| Geography | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Ultra-Deepwater Floaters | $1.14B | $1.43B | $1.57B | $1.64B | |||||
| Harsh Environment Floaters | $835.00M | $603.00M | $654.00M | $639.00M | |||||
| Other Revenues | — | — | — | — | |||||
| High Specification Jackups | — | — | — | — | |||||
| Deepwater Floaters | — | — | — | — | |||||
| Midwater Floaters | — | — | — | — | |||||
| Total | $1.97B | $2.04B | $2.22B | $2.27B |
Transocean brought in $2.27B from its two regions in fiscal 2025, the year ended December 31, 2025. That is less than the $3.70B it reports by geography, so these regions do not cover all of its revenue. Ultra-Deepwater Floaters was the largest at $1.64B (71.9%), ahead of Harsh Environment Floaters at $639.00M (28.1%).
Compared with fiscal 2024, Ultra-Deepwater Floaters grew 4.4% to $1.64B, while Harsh Environment Floaters fell 2.3% to $639.00M.
U.S was Transocean’s largest region in fiscal 2025, bringing in $1.64B of $3.70B (44%).
| Geography | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| U.S | — | $1.43B | $1.57B | $1.64B | ||||||||||
| United States | $1.14B | — | — | — | ||||||||||
| U.K | — | — | — | — | ||||||||||
| Norway | $835.00M | $603.00M | $654.00M | $639.00M | ||||||||||
| Brazil | $240.00M | $298.00M | $727.00M | $872.00M | ||||||||||
| Other Countries | $333.00M | $341.00M | $352.00M | $549.00M | ||||||||||
| Other | — | — | — | — | ||||||||||
| Total | $2.54B | $2.68B | $3.30B | $3.70B |
Transocean brought in $3.70B from its four regions in fiscal 2025, the year ended December 31, 2025. That was up 12.0% from $3.30B in fiscal 2024. U.S was the largest at $1.64B (44.2%), ahead of Brazil at $872.00M (23.6%) and Norway at $639.00M (17.3%). The remaining region, Other Countries, brought in $549.00M.
Compared with fiscal 2024, Other Countries grew fastest, up 56.0% to $549.00M, while Norway fell the most, down 2.3% to $639.00M.
Transocean stopped reporting United States as a separate region after fiscal 2022, when it brought in $1.14B.
Previously Reported was Transocean’s largest revenue line in fiscal 2016, bringing in $903.00M of $906.00M (100%).
| Scenario | FY 2010 | FY 2014 | FY 2015 | FY 2015 | FY 2015 | FY 2016 | FY 2016 | FY 2016 |
|---|---|---|---|---|---|---|---|---|
| Previously Reported | $9.17B | $2.04B | $1.88B | $1.61B | $1.34B | $943.00M | $903.00M | |
| Revenueoilandgasservices | — | — | — | — | — | — | — | |
| Adjusted | — | — | — | — | — | -$3.00M | $3.00M | |
| Total | $9.17B | $2.04B | $1.88B | $1.61B | $1.34B | $940.00M | $906.00M |
Transocean brought in $906.00M from its two revenue lines in fiscal 2016, the year ended September 30, 2016. That was down 3.6% from $940.00M in fiscal 2016. Previously Reported was the largest at $903.00M (99.7%), ahead of Adjusted at $3.00M (0.3%).
Transocean began breaking out Adjusted in fiscal 2016, when it brought in -$3.00M.
Transocean (RIG) reports its revenue by geography and by scenario. In fiscal 2025, Ultra-Deepwater Floaters was its largest region, bringing in $1.64B (71.9% of the total), followed by Harsh Environment Floaters at $639.00M (28.1%).
Ultra-Deepwater Floaters was Transocean's largest region in fiscal 2025, bringing in $1.64B, or 71.9% of the $2.27B total across its two regions.
Previously Reported was Transocean's largest revenue line in fiscal 2016, bringing in $903.00M, or 99.7% of the $906.00M total across its two revenue lines.
Ultra-Deepwater Floaters grew faster than Harsh Environment Floaters in fiscal 2025, up 4.4% from $1.57B to $1.64B. Harsh Environment Floaters fell 2.3% to $639.00M.
Every figure comes from Transocean's annual financial filings, as reported. Each line keeps the name Transocean gives it, and years follow its fiscal calendar.
Transocean's revenue by geography goes back to fiscal 2017, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.