Transocean Ltd
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Transocean Ltd (RIG). It shows which part of the business is growing — and which one is holding it back.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| U.S. | TLG1.30B 41.3% | TLG1.10B 43.0% · -15.7% | TLG1.14B 44.1% · +3.4% | TLG1.43B 50.6% · +26.3% | TLG1.57B 44.4% · +9.3% | TLG1.64B 41.2% · +4.4% |
| Brazil | – | TLG237.0M 9.3% | TLG240.0M 9.3% · +1.3% | TLG298.0M 10.5% · +24.2% | TLG727.0M 20.6% · +144.0% | TLG872.0M 22.0% · +19.9% |
| Other Countries | TLG974.0M 30.9% | TLG431.0M 16.9% · -55.7% | TLG365.0M 14.2% · -15.3% | TLG498.0M 17.6% · +36.4% | TLG577.0M 16.4% · +15.9% | TLG819.0M 20.7% · +41.9% |
| Norway | TLG876.0M 27.8% | TLG790.0M 30.9% · -9.8% | TLG835.0M 32.4% · +5.7% | TLG603.0M 21.3% · -27.8% | TLG654.0M 18.6% · +8.5% | TLG639.0M 16.1% · -2.3% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Ultra-deepwater floaters | TLG2.09B 66.4% | TLG1.72B 67.3% · -17.9% | TLG1.71B 66.3% · -0.7% | TLG2.07B 73.2% · +21.3% | TLG2.52B 71.5% · +21.5% | TLG2.78B 70.0% · +10.3% |
| Harsh environment floaters | TLG1.05B 33.2% | TLG836.0M 32.7% · -20.1% | TLG867.0M 33.7% · +3.7% | TLG760.0M 26.8% · -12.3% | TLG1.01B 28.5% · +32.4% | TLG1.19B 30.0% · +18.1% |
| Midwater floaters | TLG12.0M 0.4% | – | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 12, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.