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| Date | Value |
|---|---|
| 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 |