Borr Drilling Limited (OSL:BORR)

Borr Drilling Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,021	1,011	771.6	443.8	245.3
Revenue Growth (YoY)	1.01%	30.98%	73.86%	80.92%	-20.23%
Gross Profit	1,021	1,011	771.6	443.8	245.3
Selling, General & Admin	-50.4	-49.2	-45.1	-36.8	-34.7
Depreciation & Amortization Expenses	-148	-131.2	-117.4	-116.5	-119.6
Other Operating Expenses	-500.3	-456	-358.7	-392.4	-179.3
Operating Income	322.1	374.2	250.4	-101.9	-88.3
Interest Income	3.7	6.4	4.9	5.4	-
Interest Expense	-228.4	-211.7	-177.2	-139.2	-99.4
Other Non-Operating Income (Expense)	-11.5	-28.6	-22	-38.7	4.4
Total Non-Operating Income (Expense)	-236.2	-233.9	-194.3	-172.5	-95
Pretax Income	85.9	140.3	56.1	-274.4	-183.3
Provision for Income Taxes	-40.9	-58.2	-34	-18.4	-9.7
Net Income	126.8	198.5	90.1	-256	-173.6
Net Income to Common	126.8	198.5	90.1	-256	-173.6
Net Income Growth	-36.12%	120.31%	-	-	-
Shares Outstanding (Basic)	262	251	244	178	135
Shares Outstanding (Diluted)	265	254	248	178	135
Shares Change (YoY)	3.96%	2.54%	39.09%	32.42%	79.21%
EPS (Basic)	0.17	0.33	0.09	-1.64	-1.43
EPS (Diluted)	0.17	0.32	0.09	-1.64	-1.43
EPS Growth	-46.88%	255.56%	-	-	-
Free Cash Flow	127.4	-332.1	-164.7	-20.8	-77.8
Free Cash Flow Per Share	0.48	-1.31	-0.66	-0.12	-0.58
Dividends Per Share	-	0.240	0.050	-	-
Dividend Growth	-	380.00%	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	31.55%	37.03%	32.45%	-22.96%	-36.00%
Profit Margin	12.42%	19.64%	11.68%	-57.68%	-70.77%
FCF Margin	12.48%	-32.86%	-21.35%	-4.69%	-31.72%
EBITDA	532.5	572.6	433.7	59.2	50.4
EBITDA Margin	52.16%	56.66%	56.21%	13.34%	20.55%
EBIT	322.1	374.2	250.4	-101.9	-88.3
EBIT Margin	31.55%	37.03%	32.45%	-22.96%	-36.00%
Effective Tax Rate	-47.61%	-41.48%	-60.61%	6.71%	5.29%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.