---
schema_version: "secwatch.filing_event.v1"
accession: "0001451505-24-000138"
form_type: "8-K"
ticker: "RIG"
cik: "0001451505"
company_name: "Transocean Ltd."
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:11:59.481501+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Transocean Q3 net loss $494M on $617M impairment; adjusted net income $64M

## Summary
- Revenue $948M (+$87M QoQ, +$235M YoY); adjusted EBITDA $342M (36% margin).
- Backlog $9.3B; 97% of active fleet contracted in 2025.
- Free cash flow $136M; capex $58M mainly for Deepwater Aquila.
- Loss on impairment of assets $617M ($0.64/diluted share).

## SEC filing metadata
- accession: 0001451505-24-000138
- form_type: 8-K
- ticker: RIG
- cik: 0001451505
- company_name: Transocean Ltd.
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1451505/000145150524000138/0001451505-24-000138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1451505/000145150524000138/rig-20241030x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001451505-24-000138
- JSON: https://secwatch.observer/filing/0001451505-24-000138.json
- Plain text: https://secwatch.observer/filing/0001451505-24-000138.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.