Borr Drilling (BORR) EBITDA (2018 - 2026)
Borr Drilling (BORR) posted quarterly EBITDA of -$81.1 million for Q1 2026, down 184.39% year-over-year from $96.1 million in Q1 2025, and down 177.09% quarter-over-quarter from $105.2 million in Q4 2025.
Borr Drilling (BORR) EBITDA (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has reported EBITDA for 9 consecutive years, with -$81.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA fell 184.39% year-over-year to -$81.1 million; the TTM figure through Mar 2026 stood at $292.9 million (down 39.57% YoY), while the FY2025 annual figure was $105.2 million, down 23.04% from the prior year.
- EBITDA declined to -$81.1 million in Q1 2026 per BORR's latest filing, from $105.2 million in the prior quarter.
- Across five years, EBITDA topped out at $136.7 million in Q4 2024 and bottomed at -$81.1 million in Q1 2026.
- Historically, EBITDA has averaged $80.5 million across 5 years, with a median of $96.1 million in 2025.
- Annual changes were most pronounced in 2023 — EBITDA soared 2161.54% — and 2026, when it tumbled 184.39%.
- Borr Drilling's EBITDA stood at $55.1 million in 2022, then soared by 102.36% to $111.5 million in 2023, then rose by 22.6% to $136.7 million in 2024, then slipped by 23.04% to $105.2 million in 2025, then tumbled by 177.09% to -$81.1 million in 2026.
- Business Quant data shows BORR's EBITDA at -$81.1 million in Q1 2026, $105.2 million in Q4 2025, and $135.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 30.48 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 152.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 176.30 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 351.01 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 72.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 43.80 Mn |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | -492.67 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 70.16 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 51.10 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | -66.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 300,000.00 |
| Mar 31, 2026 | -81.10 Mn |
| Dec 31, 2025 | 105.20 Mn |
| Sep 30, 2025 | 135.60 Mn |
| Jun 30, 2025 | 133.20 Mn |
| Mar 31, 2025 | 96.10 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 |