Borr Drilling (BORR) Interest Expenses (2018 - 2026)
Borr Drilling (BORR) reported Interest Expenses of -$63.2 million for Q1 2026, down 8.78% year-over-year from -$69.3 million in Q1 2025, and down 11.46% quarter-over-quarter from -$56.7 million in Q4 2025.
Borr Drilling (BORR) Interest Expenses (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has 9 years of Interest Expenses data on file, last reported at -$63.2 million in Q1 2026.
- Interest Expenses for Q1 2026 came in at -$63.2 million, down 8.78% year-over-year; the trailing twelve-month figure through Mar 2026 was -$233.5 million (down 5.75% YoY), and the FY2025 annual result was $228.4 million, up 7.89% from the prior year.
- Interest Expenses retreated to -$63.2 million in Q1 2026 per BORR's latest filing, from -$56.7 million in the prior quarter.
- Over five years, Interest Expenses peaked at -$27.2 million in Q1 2022 and troughed at -$63.2 million in Q1 2026.
- A 5-year average of -$47.9 million and a median of -$52.0 million in 2024 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2022 and 2025: Interest Expenses slumped 72.43% in 2022, then increased 0.87% in 2025.
- A 5-year view of Interest Expenses shows it stood at -$41.9 million in 2022, then plunged by 31.98% to -$55.3 million in 2023, then slipped by 3.44% to -$57.2 million in 2024, then gained by 0.87% to -$56.7 million in 2025, then slipped by 11.46% to -$63.2 million in 2026.
- Business Quant data shows BORR's Interest Expenses at -$63.2 million in Q1 2026, -$56.7 million in Q4 2025, and -$56.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 9.01 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 40.56 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 276.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 17.49 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 25.81 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 15.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 34.67 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 43.76 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -63.20 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -63.20 Mn |
| Mar 31, 2026 | -63.20 Mn |
| Dec 31, 2025 | -56.70 Mn |
| Dec 31, 2025 | -56.70 Mn |
| Sep 30, 2025 | -56.40 Mn |
| Sep 30, 2025 | -56.40 Mn |
| Jun 30, 2025 | -57.20 Mn |
| Jun 30, 2025 | -57.20 Mn |
| Mar 31, 2025 | -58.10 Mn |
| Mar 31, 2025 | -58.10 Mn |
| Dec 31, 2024 | -57.20 Mn |
| Dec 31, 2024 | -57.20 Mn |
| Sep 30, 2024 | -53.50 Mn |
| Sep 30, 2024 | -53.50 Mn |
| Jun 30, 2024 | -52.00 Mn |
| Jun 30, 2024 | -52.00 Mn |
| Mar 31, 2024 | -49.00 Mn |
| Mar 31, 2024 | -49.00 Mn |
| Dec 31, 2023 | -55.30 Mn |
| Dec 31, 2023 | -55.30 Mn |