Borr Drilling Limited (BORR)
NYSE: BORR · Real-Time Price · USD
4.480
+0.030 (0.67%)
At close: Aug 31, 2026, 4:00 PM EDT
4.520
+0.040 (0.89%)
After-hours: Aug 31, 2026, 7:45 PM EDT
Borr Drilling Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 1,016 | 1,021 | 1,011 | 771.6 | 443.8 | 245.3 | |
Revenue Growth | 2.71% | 1.01% | 30.98% | 73.86% | 80.92% | -20.23% |
Cost of Revenue | 572.1 | 486.2 | 443.3 | 359.3 | 264.9 | 180.5 |
Gross Profit | 443.7 | 534.6 | 567.3 | 412.3 | 178.9 | 64.8 |
Selling, General & Admin | 70.6 | 64.8 | 62.3 | 45.1 | 36.8 | 34.7 |
Operating Expenses | 232 | 212.8 | 193.5 | 162.5 | 153.3 | 154.3 |
Operating Income | 211.7 | 321.8 | 373.8 | 249.8 | 25.6 | -89.5 |
Interest Expense | -236.4 | -228.4 | -211.7 | -177.2 | -139.2 | -99.4 |
Interest & Investment Income | 6 | 3.7 | 6.4 | 4.9 | 5.4 | - |
Earnings From Equity Investments | -2.2 | -2.7 | -1.2 | 4.9 | 1.2 | 16.1 |
Currency Exchange Gain (Loss) | -3.3 | -0.5 | -3.7 | -2.8 | -0.9 | -2.8 |
Other Non Operating Income (Expenses) | 2.4 | -8.3 | -21.4 | -24.1 | -39 | -12.5 |
EBT Excluding Unusual Items | -21.8 | 85.6 | 142.2 | 55.5 | -146.9 | -188.1 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | 3.6 |
Gain (Loss) on Sale of Assets | - | 0.3 | 0.4 | 0.6 | 4.2 | 1.2 |
Asset Writedown | - | - | - | - | -131.7 | - |
Other Unusual Items | -176.3 | - | -2.3 | - | - | - |
Pretax Income | -198.1 | 85.9 | 140.3 | 56.1 | -274.4 | -183.3 |
Income Tax Expense | 45.5 | 40.9 | 58.2 | 34 | 18.4 | 9.7 |
Earnings From Continuing Operations | -243.6 | 45 | 82.1 | 22.1 | -292.8 | -193 |
Net Income | -243.6 | 45 | 82.1 | 22.1 | -292.8 | -193 |
Net Income to Common | -243.6 | 45 | 82.1 | 22.1 | -292.8 | -193 |
Net Income Growth | - | -45.19% | 271.49% | - | - | - |
Shares Outstanding (Basic) | 296 | 262 | 251 | 244 | 178 | 135 |
Shares Outstanding (Diluted) | 296 | 265 | 254 | 248 | 178 | 135 |
Shares Change | 20.41% | 3.96% | 2.54% | 39.09% | 32.42% | 79.21% |
EPS (Basic) | -0.82 | 0.17 | 0.33 | 0.09 | -1.64 | -1.43 |
EPS (Diluted) | -0.83 | 0.17 | 0.32 | 0.09 | -1.64 | -1.43 |
EPS Growth | - | -46.88% | 255.56% | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -144 | 127.4 | -332.1 | -164.7 | -20.8 | -77.8 |
Free Cash Flow Per Share | -0.49 | 0.48 | -1.30 | -0.66 | -0.12 | -0.58 |
Dividend Per Share | - | - | 0.240 | 0.050 | - | - |
Dividend Growth | - | - | 380.00% | - | - | - |
Gross Margin | 43.68% | 52.37% | 56.14% | 53.43% | 40.31% | 26.42% |
Operating Margin | 20.84% | 31.52% | 36.99% | 32.37% | 5.77% | -36.49% |
Profit Margin | -23.98% | 4.41% | 8.12% | 2.86% | -65.98% | -78.68% |
Free Cash Flow Margin | -14.18% | 12.48% | -32.86% | -21.34% | -4.69% | -31.72% |
EBITDA | 373.1 | 469.8 | 505 | 367.2 | 142.1 | 30.1 |
EBITDA Margin | 36.73% | 46.02% | 49.97% | 47.59% | 32.02% | 12.27% |
D&A For EBITDA | 161.4 | 148 | 131.2 | 117.4 | 116.5 | 119.6 |
EBIT | 211.7 | 321.8 | 373.8 | 249.8 | 25.6 | -89.5 |
EBIT Margin | 20.84% | 31.52% | 36.99% | 32.37% | 5.77% | -36.49% |
Effective Tax Rate | - | 47.61% | 41.48% | 60.61% | - | - |
Revenue as Reported | 1,016 | 1,021 | 1,011 | 771.6 | 443.8 | 245.3 |