Borr Drilling (BORR) Accumulated Expenses (2018 - 2026)
Borr Drilling (BORR) posted quarterly Accumulated Expenses of $75.4 million for Q1 2026, up 26.51% year-over-year from $59.6 million in Q1 2025, and down 0.79% quarter-over-quarter from $76.0 million in Q4 2025.
Borr Drilling (BORR) Accumulated Expenses (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has reported Accumulated Expenses for 9 consecutive years, with $75.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Accumulated Expenses rose 26.51% year-over-year to $75.4 million; the TTM figure through Mar 2026 stood at $75.4 million (up 26.51% YoY), while the FY2025 annual figure was $76.0 million, up 11.76% from the prior year.
- Accumulated Expenses slipped to $75.4 million in Q1 2026 per BORR's latest filing, from $76.0 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $155.8 million in Q2 2022 and bottomed at $59.6 million in Q1 2025.
- Historically, Accumulated Expenses has averaged $81.7 million across 5 years, with a median of $75.3 million in 2024.
- Annual changes were most pronounced in 2022 — Accumulated Expenses jumped 173.33% — and 2023, when it slumped 41.85%.
- Borr Drilling's Accumulated Expenses stood at $80.8 million in 2022, then declined by 4.7% to $77.0 million in 2023, then retreated by 11.69% to $68.0 million in 2024, then grew by 11.76% to $76.0 million in 2025, then retreated by 0.79% to $75.4 million in 2026.
- Business Quant data shows BORR's Accumulated Expenses at $75.4 million in Q1 2026, $76.0 million in Q4 2025, and $71.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 89.10 Mn |
| Mar 31, 2026 | 75.40 Mn |
| Dec 31, 2025 | 76.00 Mn |
| Sep 30, 2025 | 71.70 Mn |
| Jun 30, 2025 | 65.00 Mn |
| Mar 31, 2025 | 59.60 Mn |
| Dec 31, 2024 | 68.00 Mn |
| Sep 30, 2024 | 75.30 Mn |
| Jun 30, 2024 | 69.70 Mn |
| Mar 31, 2024 | 66.80 Mn |
| Dec 31, 2023 | 77.00 Mn |
| Sep 30, 2023 | 71.60 Mn |
| Jun 30, 2023 | 90.60 Mn |
| Mar 31, 2023 | 84.70 Mn |
| Dec 31, 2022 | 80.80 Mn |
| Sep 30, 2022 | 72.10 Mn |
| Jun 30, 2022 | 155.80 Mn |
| Mar 31, 2022 | 129.10 Mn |
| Dec 31, 2021 | 45.60 Mn |
| Sep 30, 2021 | 67.50 Mn |