Borr Drilling (BORR) Change in Accured Expenses (2020 - 2026)
Borr Drilling (BORR) posted quarterly Change in Accured Expenses of $100000.0 for Q1 2026, up 100.72% year-over-year from $49820.8 in Q1 2025, and down 98.31% quarter-over-quarter from $5.9 million in Q4 2025.
Borr Drilling (BORR) Change in Accured Expenses (2020 - 2026) Analysis & Trends
Borr Drilling (BORR) has reported Change in Accured Expenses for 7 consecutive years, with $100000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Accured Expenses rose 100.72% year-over-year to $100000.0; the TTM figure through Mar 2026 stood at $37.0 million (up 20.52% YoY), while the FY2025 annual figure was $25.6 million, down 57.05% from the prior year.
- Change in Accured Expenses slipped to $100000.0 in Q1 2026 per BORR's latest filing, from $5.9 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $112.8 million in Q4 2022 and bottomed at -$33.2 million in Q4 2023.
- Historically, Change in Accured Expenses has averaged $17.7 million across 5 years, with a median of $15.1 million in 2022.
- Annual changes were most pronounced in 2022 — Change in Accured Expenses surged 481.44% — and 2025, when it plunged 192.67%.
- Borr Drilling's Change in Accured Expenses stood at $112.8 million in 2022, then sank by 129.43% to -$33.2 million in 2023, then surged by 145.78% to $15.2 million in 2024, then tumbled by 61.18% to $5.9 million in 2025, then tumbled by 98.31% to $100000.0 in 2026.
- Business Quant data shows BORR's Change in Accured Expenses at $100000.0 in Q1 2026, $5.9 million in Q4 2025, and -$1.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (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 | -8.62 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 36.06 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | -12.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | -58.80 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 17.06 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 | - | 78.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -58.80 Mn |
| Jun 30, 2026 | -58.80 Mn |
| Mar 31, 2026 | 100,000.00 |
| Mar 31, 2026 | 100,000.00 |
| Dec 31, 2025 | 5.90 Mn |
| Dec 31, 2025 | 5.90 Mn |
| Sep 30, 2025 | -1.70 Mn |
| Sep 30, 2025 | -1.70 Mn |
| Jun 30, 2025 | 32.70 Mn |
| Jun 30, 2025 | 32.70 Mn |
| Mar 31, 2025 | -13.90 Mn |
| Mar 31, 2025 | -13.90 Mn |
| Dec 31, 2024 | 15.20 Mn |
| Dec 31, 2024 | 15.20 Mn |
| Sep 30, 2024 | 6.30 Mn |
| Sep 30, 2024 | 6.30 Mn |
| Jun 30, 2024 | 23.10 Mn |
| Jun 30, 2024 | 23.10 Mn |
| Mar 31, 2024 | 15.00 Mn |
| Mar 31, 2024 | 15.00 Mn |