Borr Drilling BORR
NYSE BORR
$4.50 +0.07 (+1.58%)
At close: Aug 21, 2026 · 4:00 PM EDT

Borr Drilling (BORR) Change in Taxes (2018 - 2026)

Borr Drilling (BORR) posted quarterly Change in Taxes of -$6.7 million for Q1 2026, up 60.36% year-over-year from -$4.2 million in Q1 2025, and up 67.79% quarter-over-quarter from -$20.8 million in Q2 2025.

Borr Drilling (BORR) Change in Taxes (2018 - 2026) Analysis & Trends

Borr Drilling (BORR) has reported Change in Taxes for 9 consecutive years, with -$6.7 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Taxes rose 60.36% year-over-year to -$6.7 million; the TTM figure through Mar 2026 stood at -$54.1 million (up 4.42% YoY), while the FY2023 annual figure was -$38.2 million, down 135.8% from the prior year.
  • Change in Taxes climbed to -$6.7 million in Q1 2026 per BORR's latest filing, from -$20.8 million in the prior quarter.
  • Across five years, Change in Taxes topped out at -$1.6 million in Q1 2022 and bottomed at -$20.8 million in Q2 2025.
  • Historically, Change in Taxes has averaged -$9.9 million across 5 years, with a median of -$9.8 million in 2023.
  • Annual changes were most pronounced in 2023 — Change in Taxes sank 525.0% — and 2026, when it soared 60.36%.
  • Borr Drilling's Change in Taxes stood at -$5.7 million in 2022, then tumbled by 73.68% to -$9.9 million in 2023, then climbed by 2.02% to -$9.7 million in 2024, then plunged by 114.43% to -$20.8 million in 2025, then soared by 67.79% to -$6.7 million in 2026.
  • Business Quant data shows BORR's Change in Taxes at -$6.7 million in Q1 2026, -$20.8 million in Q2 2025, and -$16.9 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (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 -5.45 Mn
8 Precision Drilling 1.18 Bn 1.14 Bn 89.29 Mn 2.92 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
DateValue
Mar 31, 2026 -6.70 Mn
Mar 31, 2026 -6.70 Mn
Jun 30, 2025 -20.80 Mn
Jun 30, 2025 -20.80 Mn
Mar 31, 2025 -16.90 Mn
Mar 31, 2025 -16.90 Mn
Sep 30, 2024 -9.70 Mn
Sep 30, 2024 -9.70 Mn
Jun 30, 2024 -17.20 Mn
Jun 30, 2024 -17.20 Mn
Mar 31, 2024 -12.80 Mn
Mar 31, 2024 -12.80 Mn
Dec 31, 2023 -9.90 Mn
Dec 31, 2023 -9.90 Mn
Sep 30, 2023 -10.40 Mn
Sep 30, 2023 -10.40 Mn
Jun 30, 2023 -7.90 Mn
Jun 30, 2023 -7.90 Mn
Mar 31, 2023 -10.00 Mn
Mar 31, 2023 -10.00 Mn