Borr Drilling (BORR) Net Income (2017 - 2026)

Borr Drilling (BORR) reported Net Income of -$6.8 million for Q1 2026, down 181.93% year-over-year from $8.3 million in Q1 2025, and down 129.06% quarter-over-quarter from $23.4 million in Q4 2025.

Borr Drilling (BORR) Net Income (2017 - 2026) Analysis & Trends

Borr Drilling (BORR) has 10 years of Net Income data on file, last reported at -$6.8 million in Q1 2026.

  • Net Income for Q1 2026 came in at -$6.8 million, down 181.93% year-over-year; the trailing twelve-month figure through Mar 2026 was $89.1 million (down 42.88% YoY), and the FY2025 annual result was $45.0 million, down 45.19% from the prior year.
  • Net Income fell to -$6.8 million in Q1 2026 per BORR's latest filing, from $23.4 million in the prior quarter.
  • Over five years, Net Income peaked at $61.5 million in Q2 2024 and troughed at -$152.7 million in Q2 2022.
  • A 5-year average of $7.6 million and a median of $23.4 million in 2025 frame the typical range for Net Income.
  • The sharpest annual moves came in 2024 and 2026: Net Income surged 364.29% in 2024, then tumbled 181.93% in 2026.
  • A 5-year view of Net Income shows it stood at -$15.7 million in 2022, then soared by 162.42% to $9.8 million in 2023, then jumped by 364.29% to $45.5 million in 2024, then plunged by 48.57% to $23.4 million in 2025, then plunged by 129.06% to -$6.8 million in 2026.
  • Business Quant data shows BORR's Net Income at -$6.8 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) Net Income (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 13.01 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 120.73 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 71.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn -24.48 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn -55.86 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn -7.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -197.03 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn 9.32 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - -6.80 Mn
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn -8.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -6.80 Mn
Dec 31, 2025 23.40 Mn
Sep 30, 2025 27.80 Mn
Jun 30, 2025 44.70 Mn
Mar 31, 2025 8.30 Mn
Dec 31, 2024 45.50 Mn
Sep 30, 2024 40.70 Mn
Jun 30, 2024 61.50 Mn
Mar 31, 2024 50.80 Mn
Dec 31, 2023 9.80 Mn
Sep 30, 2023 29.50 Mn
Jun 30, 2023 27.60 Mn
Mar 31, 2023 23.20 Mn
Dec 31, 2022 -15.70 Mn
Sep 30, 2022 -45.90 Mn
Jun 30, 2022 -152.70 Mn
Mar 31, 2022 -41.70 Mn
Dec 31, 2021 -38.70 Mn
Sep 30, 2021 -23.20 Mn
Jun 30, 2021 -61.90 Mn