Borr Drilling (BORR) Consolidated Net Income (2018 - 2026)
Borr Drilling (BORR) posted quarterly Consolidated Net Income of -$6.8 million for Q1 2026, down 1800.0% year-over-year from $400000.0 in Q1 2025, and down 129.06% quarter-over-quarter from $23.4 million in Q4 2025.
Borr Drilling (BORR) Consolidated Net Income (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has reported Consolidated Net Income for 9 consecutive years, with -$6.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Consolidated Net Income fell 1800.0% year-over-year to -$6.8 million; the TTM figure through Mar 2026 stood at $44.4 million (down 4.1% YoY), while the FY2025 annual figure was $45.0 million, down 45.19% from the prior year.
- Consolidated Net Income eased to -$6.8 million in Q1 2026 per BORR's latest filing, from $23.4 million in the prior quarter.
- Across five years, Consolidated Net Income topped out at $45.5 million in Q4 2024 and bottomed at -$41.7 million in Q1 2022.
- Historically, Consolidated Net Income has averaged $6.3 million across 5 years, with a median of $300000.0 in 2024.
- Annual changes were most pronounced in 2022 — Consolidated Net Income sank 3240.0% — and 2023, when it jumped 29600.0%.
- Borr Drilling's Consolidated Net Income stood at -$15.7 million in 2022, then jumped by 162.42% to $9.8 million in 2023, then surged by 364.29% to $45.5 million in 2024, then sank by 48.57% to $23.4 million in 2025, then sank by 129.06% to -$6.8 million in 2026.
- Business Quant data shows BORR's Consolidated Net Income at -$6.8 million in Q1 2026, $23.4 million in Q4 2025, and $27.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | -36.68 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 170.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | -19.28 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 78.12 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 29.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | -241.40 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | -1.52 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 1.77 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 47.00 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | -64.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -241.40 Mn |
| Mar 31, 2026 | -6.80 Mn |
| Dec 31, 2025 | 23.40 Mn |
| Sep 30, 2025 | 27.80 Mn |
| Mar 31, 2025 | 400,000.00 |
| Dec 31, 2024 | 45.50 Mn |
| Sep 30, 2024 | 200,000.00 |
| Jun 30, 2024 | 200,000.00 |
| Mar 31, 2024 | 200,000.00 |
| Dec 31, 2023 | 9.80 Mn |
| Sep 30, 2023 | 29.50 Mn |
| Jun 30, 2023 | 27.60 Mn |
| Mar 31, 2023 | 100,000.00 |
| Dec 31, 2022 | -15.70 Mn |
| Sep 30, 2022 | -100,000.00 |
| Jun 30, 2022 | 700,000.00 |
| Mar 31, 2022 | -41.70 Mn |
| Dec 31, 2021 | 500,000.00 |
| Jun 30, 2021 | 800,000.00 |
| Mar 31, 2021 | -49.80 Mn |