Borr Drilling (BORR) Operating Expenses (2018 - 2026)
Borr Drilling's Operating Expenses came in at -$232.1 million for the quarter ended Jun 30, 2026, compared with -$171.2 million a year earlier.
Borr Drilling (BORR) Operating Expenses (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Borr Drilling reported Operating Expenses of -$446.3 million; for the year ended Dec 31, 2025, it came in at -$699 million.
- Going back by year, Operating Expenses was -$636.8 million in the year ended Dec 31, 2024, -$521.8 million in the year ended Dec 31, 2023, -$549.9 million in the year ended Dec 31, 2022 and -$334.8 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly Operating Expenses in data going back to the quarter ended Jun 30, 2018.
- Business Quant data shows BORR's Operating Expenses at -$201 million (quarter ended Mar 31, 2026), -$192.1 million (quarter ended Dec 31, 2025) and $178.9 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 324.00 Mn |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | 723.00 Mn |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | 2.28 Bn |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | 4.94 Bn |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | 1.04 Bn |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | 689.21 Mn |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | 998.00 Mn |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | 812.00 Mn |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | 498.70 Mn |
| 10 | Borr Drilling | 1.23 Bn | 154.83 Mn | - | -232.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -232.10 Mn |
| Mar 31, 2026 | -201.00 Mn |
| Dec 31, 2025 | -192.10 Mn |
| Sep 30, 2025 | 178.90 Mn |
| Jun 30, 2025 | -171.20 Mn |
| Mar 31, 2025 | -156.80 Mn |
| Dec 31, 2024 | -161.90 Mn |
| Sep 30, 2024 | -158.10 Mn |
| Jun 30, 2024 | -167.60 Mn |
| Mar 31, 2024 | -149.20 Mn |
| Dec 31, 2023 | -140.10 Mn |
| Sep 30, 2023 | -127.80 Mn |
| Jun 30, 2023 | -127.80 Mn |
| Mar 31, 2023 | -126.10 Mn |
| Dec 31, 2022 | -122.70 Mn |
| Sep 30, 2022 | -103.90 Mn |
| Jun 30, 2022 | -229.00 Mn |
| Mar 31, 2022 | -94.30 Mn |
| Dec 31, 2021 | -82.60 Mn |
| Sep 30, 2021 | -81.70 Mn |
Borr Drilling Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=BORR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "BORR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=BORR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();