{"schema_version":"secwatch.filing_event.v1","accession":"0001451505-25-000046","form_type":"8-K","ticker":"RIG","cik":"0001451505","company_name":"Transocean Ltd.","filed_at":"2025-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.328646+00:00","generated_at":"2026-05-23T04:53:56.082510+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Transocean Q1 net loss $79M; revenue down 5% seq to $906M; adj EBITDA $244M","bullets":["Net loss attributable to controlling interest $79M ($0.11 diluted loss per share) vs net income $7M in Q4 2024.","Contract drilling revenues $906M, down $46M sequentially; up $143M YoY from $763M.","Adjusted EBITDA $244M (26.9% margin) vs $323M (33.9%) in prior quarter.","Backlog $7.9 billion as of April 2025; repaid $210M in outstanding debt during quarter.","CEO cites near-term market volatility from uncertain macro conditions but engaged on future opportunities."],"urls":{"canonical":"https://secwatch.observer/filing/0001451505-25-000046","json":"https://secwatch.observer/filing/0001451505-25-000046.json","markdown":"https://secwatch.observer/filing/0001451505-25-000046.md","text":"https://secwatch.observer/filing/0001451505-25-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1451505/000145150525000046/0001451505-25-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1451505/000145150525000046/rig-20250428x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T04:53:56.082510+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}