Borr Drilling (BORR) Income towards Parent Company (2018 - 2026)
Borr Drilling (BORR) posted quarterly Income towards Parent Company of -$29.0 million for Q1 2026, down 71.6% year-over-year from -$102.1 million in Q1 2025, and down 223.93% quarter-over-quarter from $23.4 million in Q4 2025.
Borr Drilling (BORR) Income towards Parent Company (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has reported Income towards Parent Company for 9 consecutive years, with -$29.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Income towards Parent Company fell 71.6% year-over-year to -$29.0 million; the TTM figure through Mar 2026 stood at $22.2 million (down 23.45% YoY), while the FY2025 annual figure was $45.0 million, down 45.19% from the prior year.
- Income towards Parent Company eased to -$29.0 million in Q1 2026 per BORR's latest filing, from $23.4 million in the prior quarter.
- Across five years, Income towards Parent Company topped out at $45.5 million in Q4 2024 and bottomed at -$41.7 million in Q1 2022.
- Historically, Income towards Parent Company has averaged $1.7 million across 5 years, with a median of $200000.0 in 2024.
- Annual changes were most pronounced in 2023 — Income towards Parent Company jumped 29600.0% — and 2025, when it tumbled 8550.0%.
- Borr Drilling's Income towards Parent Company stood at -$15.7 million in 2022, then jumped by 162.42% to $9.8 million in 2023, then surged by 364.29% to $45.5 million in 2024, then sank by 48.57% to $23.4 million in 2025, then slumped by 223.93% to -$29.0 million in 2026.
- Business Quant data shows BORR's Income towards Parent Company at -$29.0 million in Q1 2026, $23.4 million in Q4 2025, and $27.8 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 | -241.40 Mn |
| Mar 31, 2026 | -29.00 Mn |
| Dec 31, 2025 | 23.40 Mn |
| Sep 30, 2025 | 27.80 Mn |
| Mar 31, 2025 | -16.90 Mn |
| Dec 31, 2024 | 45.50 Mn |
| Sep 30, 2024 | 200,000.00 |
| Jun 30, 2024 | 200,000.00 |
| Mar 31, 2024 | 200,000.00 |
| Dec 31, 2023 | 9.80 Mn |
| Sep 30, 2023 | 29.50 Mn |
| Jun 30, 2023 | 800,000.00 |
| Mar 31, 2023 | -7.40 Mn |
| Dec 31, 2022 | -15.70 Mn |
| Sep 30, 2022 | -100,000.00 |
| Jun 30, 2022 | 700,000.00 |
| Mar 31, 2022 | -41.70 Mn |
| Dec 31, 2021 | 500,000.00 |
| Jun 30, 2021 | 800,000.00 |
| Mar 31, 2021 | -49.80 Mn |