U.S was Transocean’s largest region in fiscal 2025, bringing in $1.64B of $3.97B (41%).
| Geography | FY 2010 | FY 2011 | 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 | — | — | — | ||||||||||||
| Us | — | — | — | — | ||||||||||||
| U.K | — | — | — | — | ||||||||||||
| Gb | — | — | — | — | ||||||||||||
| Norway | $835.00M | $603.00M | $654.00M | $639.00M | ||||||||||||
| No | — | — | — | — | ||||||||||||
| Other Countries | $365.00M | $498.00M | $577.00M | $819.00M | ||||||||||||
| Other | — | — | — | — | ||||||||||||
| Brazil | $240.00M | $298.00M | $727.00M | $872.00M | ||||||||||||
| Br | — | — | — | — | ||||||||||||
| Total | $2.58B | $2.83B | $3.52B | $3.97B |
Transocean brought in $3.97B from its four regions in fiscal 2025, the year ended December 31, 2025. That was up 12.5% from $3.52B in fiscal 2024. U.S was the largest at $1.64B (41.2%), ahead of Brazil at $872.00M (22.0%) and Other Countries at $819.00M (20.7%). The remaining region, Norway, brought in $639.00M.
Compared with fiscal 2024, Other Countries grew fastest, up 41.9% to $819.00M, 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.
Ultra-Deepwater Floaters was Transocean’s largest product and service line in fiscal 2025, bringing in $2.78B of $3.97B (70%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ultra-Deepwater Floaters | $1.71B | $2.07B | $2.52B | $2.78B | ||||||
| Harsh Environment Floaters | $867.00M | $760.00M | $1.01B | $1.19B | ||||||
| High Specification Jackups | — | — | — | — | ||||||
| Midwater Floaters | — | — | — | — | ||||||
| Deepwater Floaters | — | — | — | — | ||||||
| Total | $2.58B | $2.83B | $3.52B | $3.97B |
Transocean brought in $3.97B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 12.5% from $3.52B in fiscal 2024. Ultra-Deepwater Floaters was the largest at $2.78B (70.0%), ahead of Harsh Environment Floaters at $1.19B (30.0%).
Compared with fiscal 2024, Harsh Environment Floaters grew 18.1% to $1.19B and Ultra-Deepwater Floaters grew 10.3% to $2.78B. From fiscal 2022 to 2025, combined revenue from these lines grew from $2.58B to $3.97B, a compound annual growth rate of 15.5%. Ultra-Deepwater Floaters' share of the total rose from 66.3% to 70.0%.
Other Subsidiaries was Transocean’s largest revenue line in fiscal 2012, bringing in $8.96B of $8.97B (100%).
| Legal Entity | FY 2009 | FY 2010 | FY 2012 |
|---|---|---|---|
| Other Subsidiaries | — | — | $8.96B |
| Non Guarantor Subsidiaries | $11.46B | $7.96B | — |
| Subsidiary Issuer | — | — | $5.00M |
| Consolidation Eliminations | -$14.00M | -$15.00M | — |
| Total | $11.44B | $7.95B | $8.97B |
Transocean brought in $8.97B from its two revenue lines in fiscal 2012, the year ended December 31, 2012. Transocean regrouped these revenue lines after fiscal 2010, so the total does not compare directly with that year's $7.95B. Other Subsidiaries was the largest at $8.96B (99.9%), ahead of Subsidiary Issuer at $5.00M (0.1%).
Transocean began breaking out Other Subsidiaries in fiscal 2012 and Subsidiary Issuer in fiscal 2012. Transocean stopped reporting Non Guarantor Subsidiaries as a separate revenue line after fiscal 2010, when it brought in $7.96B.
Transocean (RIG) reports its revenue by geography, by product and service and by legal entity. In fiscal 2025, U.S was its largest region, bringing in $1.64B (41.2% of the total), followed by Brazil at $872.00M (22.0%).
U.S was Transocean's largest region in fiscal 2025, bringing in $1.64B, or 41.2% of the $3.97B total across its four regions.
Ultra-Deepwater Floaters was Transocean's largest product and service line in fiscal 2025, bringing in $2.78B, or 70.0% of the $3.97B total across its two product and service lines.
Other Subsidiaries was Transocean's largest revenue line in fiscal 2012, bringing in $8.96B, or 99.9% of the $8.97B total across its two revenue lines.
Among Transocean's regions that make up at least 2% of revenue, Other Countries grew fastest in fiscal 2025, up 41.9% from $577.00M to $819.00M.
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 2010, 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.