Borr Drilling (BORR) EBT (2018 - 2026)
Borr Drilling (BORR) posted quarterly EBT of -$17.9 million for Q1 2026, down 316.28% year-over-year from $8.3 million in Q1 2025, and down 259.82% quarter-over-quarter from $11.2 million in Q4 2025.
Borr Drilling (BORR) EBT (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has reported EBT for 9 consecutive years, with -$17.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT fell 316.28% year-over-year to -$17.9 million; the TTM figure through Mar 2026 stood at $72.3 million (down 30.08% YoY), while the FY2025 annual figure was $85.9 million, down 38.77% from the prior year.
- EBT eased to -$17.9 million in Q1 2026 per BORR's latest filing, from $11.2 million in the prior quarter.
- Across five years, EBT topped out at $46.6 million in Q2 2024 and bottomed at -$159.0 million in Q2 2022.
- Historically, EBT has averaged -$588235.3 across 5 years, with a median of $14.2 million in 2023.
- Annual changes were most pronounced in 2024 — EBT jumped 312.66% — and 2026, when it plunged 316.28%.
- Borr Drilling's EBT stood at -$18.5 million in 2022, then jumped by 203.24% to $19.1 million in 2023, then surged by 87.96% to $35.9 million in 2024, then plunged by 68.8% to $11.2 million in 2025, then sank by 259.82% to -$17.9 million in 2026.
- Business Quant data shows BORR's EBT at -$17.9 million in Q1 2026, $11.2 million in Q4 2025, and $39.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | -20.39 Mn |
| 2 | Transocean | 6.71 Bn | 5.92 Bn | 358.00 Mn | 184.00 Mn |
| 3 | Patterson Uti Energy | 4.65 Bn | 4.45 Bn | 597.25 Mn | -27.92 Mn |
| 4 | Helmerich & Payne | 4.35 Bn | 4.11 Bn | 349.94 Mn | 150.52 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 41.00 Mn |
| 6 | Borr Drilling | 1.38 Bn | 1.16 Bn | - | -230.50 Mn |
| 7 | Nabors Industries | 1.30 Bn | 790.37 Mn | 309.38 Mn | 14.88 Mn |
| 8 | Precision Drilling | 1.16 Bn | 1.11 Bn | 89.29 Mn | 2.27 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 80.60 Mn |
| 10 | Sable Offshore | 795.74 Mn | 774.14 Mn | - | -37.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -230.50 Mn |
| Mar 31, 2026 | -17.90 Mn |
| Dec 31, 2025 | 11.20 Mn |
| Sep 30, 2025 | 39.10 Mn |
| Jun 30, 2025 | 39.90 Mn |
| Mar 31, 2025 | -4.30 Mn |
| Dec 31, 2024 | 35.90 Mn |
| Sep 30, 2024 | 25.20 Mn |
| Jun 30, 2024 | 46.60 Mn |
| Mar 31, 2024 | 32.60 Mn |
| Dec 31, 2023 | 19.10 Mn |
| Sep 30, 2023 | 14.90 Mn |
| Jun 30, 2023 | 14.20 Mn |
| Mar 31, 2023 | 7.90 Mn |
| Dec 31, 2022 | -18.50 Mn |
| Sep 30, 2022 | -50.40 Mn |
| Jun 30, 2022 | -159.00 Mn |
| Mar 31, 2022 | -46.50 Mn |
| Dec 31, 2021 | -42.40 Mn |
| Sep 30, 2021 | -27.90 Mn |