Borr Drilling (BORR) EBIT (2017 - 2026)
Borr Drilling (BORR) reported EBIT of $46.0 million for Q1 2026, down 23.59% year-over-year from $60.2 million in Q1 2025, and down 31.75% quarter-over-quarter from $67.4 million in Q4 2025.
Borr Drilling (BORR) EBIT (2017 - 2026) Analysis & Trends
Borr Drilling (BORR) has 10 years of EBIT data on file, last reported at $46.0 million in Q1 2026.
- EBIT for Q1 2026 came in at $46.0 million, down 23.59% year-over-year; the trailing twelve-month figure through Mar 2026 was $307.9 million (down 11.88% YoY), and the FY2025 annual result was $322.1 million, down 13.92% from the prior year.
- EBIT fell to $46.0 million in Q1 2026 per BORR's latest filing, from $67.4 million in the prior quarter.
- Over five years, EBIT peaked at $104.5 million in Q2 2024 and troughed at -$123.0 million in Q2 2022.
- A 5-year average of $52.4 million and a median of $63.8 million in 2023 frame the typical range for EBIT.
- The sharpest annual moves came in 2022 and 2023: EBIT sank 373.08% in 2022, then jumped 1535.9% in 2023.
- A 5-year view of EBIT shows it stood at $29.5 million in 2022, then jumped by 173.56% to $80.7 million in 2023, then rose by 25.15% to $101.0 million in 2024, then sank by 33.27% to $67.4 million in 2025, then slumped by 31.75% to $46.0 million in 2026.
- Business Quant data shows BORR's EBIT at $46.0 million in Q1 2026, $67.4 million in Q4 2025, and $98.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 90.38 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 225.31 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 287.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -14.32 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -36.92 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 24.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -118.75 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | -475.21 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 46.00 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 20.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.00 Mn |
| Dec 31, 2025 | 67.40 Mn |
| Sep 30, 2025 | 98.00 Mn |
| Jun 30, 2025 | 96.50 Mn |
| Mar 31, 2025 | 60.20 Mn |
| Dec 31, 2024 | 101.00 Mn |
| Sep 30, 2024 | 83.70 Mn |
| Jun 30, 2024 | 104.50 Mn |
| Mar 31, 2024 | 85.00 Mn |
| Dec 31, 2023 | 80.70 Mn |
| Sep 30, 2023 | 63.80 Mn |
| Jun 30, 2023 | 59.90 Mn |
| Mar 31, 2023 | 46.00 Mn |
| Dec 31, 2022 | 29.50 Mn |
| Sep 30, 2022 | 3.90 Mn |
| Jun 30, 2022 | -123.00 Mn |
| Mar 31, 2022 | -12.30 Mn |
| Dec 31, 2021 | -13.00 Mn |
| Sep 30, 2021 | -8.70 Mn |
| Jun 30, 2021 | -26.00 Mn |