Borr Drilling (BORR) Operating Income (2018 - 2026)

Borr Drilling (BORR) reported Operating Income of $46.0 million for Q1 2026, down 23.59% year-over-year from $60.2 million in Q1 2025, and down 31.75% quarter-over-quarter from $67.4 million in Q4 2025.

Borr Drilling (BORR) Operating Income (2018 - 2026) Analysis & Trends

Borr Drilling (BORR) has 9 years of Operating Income data on file, last reported at $46.0 million in Q1 2026.

  • Operating Income for Q1 2026 came in at $46.0 million, down 23.59% year-over-year; the trailing twelve-month figure through Mar 2026 was $307.9 million (down 11.88% YoY), and the FY2025 annual result was $322.1 million, down 13.92% from the prior year.
  • Operating Income fell to $46.0 million in Q1 2026 per BORR's latest filing, from $67.4 million in the prior quarter.
  • Over five years, Operating Income peaked at $104.5 million in Q2 2024 and troughed at -$123.0 million in Q2 2022.
  • A 5-year average of $52.4 million and a median of $63.8 million in 2023 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2022 and 2023: Operating Income sank 373.08% in 2022, then jumped 1535.9% in 2023.
  • A 5-year view of Operating Income shows it stood at $29.5 million in 2022, then jumped by 173.56% to $80.7 million in 2023, then rose by 25.15% to $101.0 million in 2024, then sank by 33.27% to $67.4 million in 2025, then slumped by 31.75% to $46.0 million in 2026.
  • Business Quant data shows BORR's Operating Income at $46.0 million in Q1 2026, $67.4 million in Q4 2025, and $98.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 90.38 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 225.31 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 287.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn -14.32 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn -36.92 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn 24.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -118.75 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn -475.21 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - 46.00 Mn
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn 20.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 46.00 Mn
Dec 31, 2025 67.40 Mn
Sep 30, 2025 98.00 Mn
Jun 30, 2025 96.50 Mn
Mar 31, 2025 60.20 Mn
Dec 31, 2024 101.00 Mn
Sep 30, 2024 83.70 Mn
Jun 30, 2024 104.50 Mn
Mar 31, 2024 85.00 Mn
Dec 31, 2023 80.70 Mn
Sep 30, 2023 63.80 Mn
Jun 30, 2023 59.90 Mn
Mar 31, 2023 46.00 Mn
Dec 31, 2022 29.50 Mn
Sep 30, 2022 3.90 Mn
Jun 30, 2022 -123.00 Mn
Mar 31, 2022 -12.30 Mn
Dec 31, 2021 -13.00 Mn
Sep 30, 2021 -8.70 Mn
Jun 30, 2021 -26.00 Mn