{"schema_version":"secwatch.filing_event.v1","accession":"0001451505-26-000012","form_type":"8-K","ticker":"RIG","cik":"0001451505","company_name":"Transocean Ltd.","filed_at":"2026-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.109859+00:00","generated_at":"2026-05-16T01:26:26.551369+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Transocean FY25 revenue $3.965B (+13% YoY); adj. EBITDA $1.37B; backlog $6.1B","bullets":["Operating revenues $3.965B, up 13% vs 2024; revenue efficiency 96.5% (up from 94.5%).","Net loss $2.915B ($3.04/sh) from $3.036B impairment; adjusted net income $37M ($0.04/sh).","Adjusted EBITDA $1.37B (+19% YoY); cash from ops $749M (+68%); free cash flow $626M.","Total debt reduced by $1.258B to $5.686B; added $839M backlog at $453k avg dayrate.","Q4 revenue $1.043B, net income $25M; FY26 guide revenue $3.8-3.95B; backlog $6.1B."],"urls":{"canonical":"https://secwatch.observer/filing/0001451505-26-000012","json":"https://secwatch.observer/filing/0001451505-26-000012.json","markdown":"https://secwatch.observer/filing/0001451505-26-000012.md","text":"https://secwatch.observer/filing/0001451505-26-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1451505/000145150526000012/0001451505-26-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1451505/000145150526000012/rig-20260219x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T01:26:26.551369+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"}