Borr Drilling (BORR) EBITDA (2017 - 2026)
Borr Drilling (BORR) reported EBITDA of -$29.0 million for Q1 2026, down 71.6% year-over-year from -$102.1 million in Q1 2025, and down 127.57% quarter-over-quarter from $105.2 million in Q4 2025.
Borr Drilling (BORR) EBITDA (2017 - 2026) Analysis & Trends
Borr Drilling (BORR) has 10 years of EBITDA data on file, last reported at -$29.0 million in Q1 2026.
- EBITDA for Q1 2026 came in at -$29.0 million, down 71.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $345.0 million (down 7.18% YoY), and the FY2025 annual result was $105.2 million, down 23.04% from the prior year.
- EBITDA fell to -$29.0 million in Q1 2026 per BORR's latest filing, from $105.2 million in the prior quarter.
- Over five years, EBITDA peaked at $136.7 million in Q4 2024 and troughed at -$29.0 million in Q1 2026.
- A 5-year average of $76.9 million and a median of $88.2 million in 2023 frame the typical range for EBITDA.
- The sharpest annual moves came in 2023 and 2025: EBITDA soared 2161.54% in 2023, then plunged 114.47% in 2025.
- A 5-year view of EBITDA shows it stood at $55.1 million in 2022, then surged by 102.36% to $111.5 million in 2023, then increased by 22.6% to $136.7 million in 2024, then decreased by 23.04% to $105.2 million in 2025, then slumped by 127.57% to -$29.0 million in 2026.
- Business Quant data shows BORR's EBITDA at -$29.0 million in Q1 2026, $105.2 million in Q4 2025, and $135.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (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 | 170.97 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 125.38 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 | - | -29.00 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 62.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -29.00 Mn |
| Dec 31, 2025 | 105.20 Mn |
| Sep 30, 2025 | 135.60 Mn |
| Jun 30, 2025 | 133.20 Mn |
| Mar 31, 2025 | -16.90 Mn |
| Dec 31, 2024 | 136.70 Mn |
| Sep 30, 2024 | 115.50 Mn |
| Jun 30, 2024 | 136.40 Mn |
| Mar 31, 2024 | 116.80 Mn |
| Dec 31, 2023 | 111.50 Mn |
| Sep 30, 2023 | 88.20 Mn |
| Jun 30, 2023 | 84.00 Mn |
| Mar 31, 2023 | 72.40 Mn |
| Dec 31, 2022 | 55.10 Mn |
| Sep 30, 2022 | 3.90 Mn |
| Jun 30, 2022 | 37.00 Mn |
| Mar 31, 2022 | 21.40 Mn |
| Dec 31, 2021 | 25.00 Mn |
| Sep 30, 2021 | 20.00 Mn |
| Jun 30, 2021 | 3.70 Mn |