Transocean Second Quarter 2025 Earnings: Revenues Beat Expectations, EPS Lags
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Transocean (NYSE:RIG) reported its Q2 2025 results with revenues of $988.0 million, a 15% increase from Q2 2024, but a net loss of $938.0 million, widening from the previous year. EPS was $1.06, deteriorating from $0.15 loss in Q2 2024. Revenue exceeded estimates by 1.3%, but EPS fell short. Future revenue is expected to remain flat over the next three years, contrasting with a 3.2% growth forecast for the US Energy Services industry. Shares rose 9.9% over the past week.
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