{"schema_version":"secwatch.filing_event.v1","accession":"0001451505-26-000041","form_type":"8-K","ticker":"RIG","cik":"0001451505","company_name":"Transocean Ltd.","filed_at":"2026-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.304670+00:00","generated_at":"2026-05-14T23:52:08.893211+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Transocean Q1 net income $71M, revenue $1.08B, backlog reaches $7.1B with $1.6B new contracts","bullets":["GAAP net income $71M ($0.06 diluted EPS); adjusted net loss $28M (-$0.03 adjusted EPS).","Contract drilling revenue $1.08B, up from $906M YoY; revenue efficiency 97.3%.","Adjusted EBITDA $440M (40.7% margin) vs $244M (26.9%) YoY.","Early retired $358M of 8.375% notes due 2028, reducing interest cost by ~$40M.","Added $1.6B in new contracts with weighted avg dayrate ~$410k; total backlog $7.1B."],"urls":{"canonical":"https://secwatch.observer/filing/0001451505-26-000041","json":"https://secwatch.observer/filing/0001451505-26-000041.json","markdown":"https://secwatch.observer/filing/0001451505-26-000041.md","text":"https://secwatch.observer/filing/0001451505-26-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1451505/000145150526000041/0001451505-26-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1451505/000145150526000041/rig-20260504x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T23:52:08.893211+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":[{"claim_id":"b82409155fd80daf80d235400462c8a43f5fd477","claim":"Transocean Ltd. reported first quarter 2026 results: revenue $1.08 billion, net income $71 million, EPS $0.06 per diluted share. Guidance initiated.","evidence_excerpt":"first quarter 2026 Key points ● Contract drilling revenues were $1.08 billion due in part to strong revenue efficiency (1) of 97.3%. ● Net income was $71 million or $0.06 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1451505/000145150526000041/0001451505-26-000041-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2026"},{"label":"Revenue","value":"$1.08 billion"},{"label":"Net income","value":"$71 million"},{"label":"EPS","value":"$0.06 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}