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
DateValue
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