Borr Drilling (BORR) Current Deferred Revenue (2018 - 2026)
Borr Drilling (BORR) posted quarterly Current Deferred Revenue of $24.3 million for Q1 2026, down 44.01% year-over-year from $43.4 million in Q1 2025, and little changed quarter-over-quarter from $24.2 million in Q4 2025.
Borr Drilling (BORR) Current Deferred Revenue (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has reported Current Deferred Revenue for 9 consecutive years, with $24.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Current Deferred Revenue fell 44.01% year-over-year to $24.3 million; the TTM figure through Mar 2026 stood at $24.3 million (down 44.01% YoY), while the FY2025 annual figure was -$49.7 million, up 48.71% from the prior year.
- Current Deferred Revenue was little changed at $24.3 million in Q1 2026 per BORR's latest filing, from $24.2 million in the prior quarter.
- Across five years, Current Deferred Revenue topped out at $126.0 million in Q4 2022 and bottomed at -$79.1 million in Q3 2024.
- Historically, Current Deferred Revenue has averaged $28.0 million across 5 years, with a median of $42.8 million in 2025.
- Annual changes were most pronounced in 2023 — Current Deferred Revenue soared 2525.0% — and 2024, when it tumbled 225.59%.
- Borr Drilling's Current Deferred Revenue stood at $126.0 million in 2022, then slipped by 7.86% to $116.1 million in 2023, then sank by 44.88% to $64.0 million in 2024, then sank by 62.19% to $24.2 million in 2025, then rose by 0.41% to $24.3 million in 2026.
- Business Quant data shows BORR's Current Deferred Revenue at $24.3 million in Q1 2026, $24.2 million in Q4 2025, and -$35.2 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 | 34.80 Mn |
| Mar 31, 2026 | 24.30 Mn |
| Dec 31, 2025 | 24.20 Mn |
| Sep 30, 2025 | -35.20 Mn |
| Jun 30, 2025 | 42.80 Mn |
| Mar 31, 2025 | 43.40 Mn |
| Dec 31, 2024 | 64.00 Mn |
| Sep 30, 2024 | -79.10 Mn |
| Jun 30, 2024 | -68.70 Mn |
| Mar 31, 2024 | 56.10 Mn |
| Dec 31, 2023 | 116.10 Mn |
| Sep 30, 2023 | 68.20 Mn |
| Jun 30, 2023 | 54.70 Mn |
| Mar 31, 2023 | 58.20 Mn |
| Dec 31, 2022 | 126.00 Mn |
| Sep 30, 2022 | -9.30 Mn |
| Jun 30, 2022 | -6.50 Mn |
| Mar 31, 2022 | -2.40 Mn |
| Dec 31, 2021 | 6.40 Mn |
| Sep 30, 2021 | -4.10 Mn |