Borr Drilling (BORR) Operating Income (2018 - 2026)
Borr Drilling (BORR) posted quarterly Operating Income of $96.5 million for Q2 2025, down 7.66% year-over-year from $104.5 million in Q2 2024, and down 7.66% quarter-over-quarter from $104.5 million in Q2 2024.
Borr Drilling (BORR) Operating Income (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has reported Operating Income for 8 consecutive years, with $96.5 million the latest figure, recorded in Q2 2025.
- In Q2 2025, Operating Income fell 7.66% year-over-year to $96.5 million; the TTM figure through Jun 2025 stood at $345.5 million (up 11.85% YoY), while the FY2025 annual figure was $322.1 million, down 13.92% from the prior year.
- Operating Income retreated to $96.5 million in Q2 2025 per BORR's latest filing, from $104.5 million in the prior quarter.
- Across five years, Operating Income topped out at $104.5 million in Q2 2024 and bottomed at -$123.0 million in Q2 2022.
- Historically, Operating Income has averaged $18.7 million across 5 years, with a median of $16.7 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Income sank 373.08% — and 2023, when it jumped 1535.9%.
- Borr Drilling's Operating Income stood at -$13.0 million in 2021, then jumped by 326.92% to $29.5 million in 2022, then surged by 173.56% to $80.7 million in 2023, then advanced by 29.49% to $104.5 million in 2024, then declined by 7.66% to $96.5 million in 2025.
- Business Quant data shows BORR's Operating Income at $96.5 million in Q2 2025, $104.5 million in Q2 2024, and $80.7 million in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.47 Bn | 7.01 Bn | 273.38 Mn | 30.48 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 152.00 Mn |
| 3 | Patterson Uti Energy | 4.66 Bn | 4.46 Bn | 597.25 Mn | -6.96 Mn |
| 4 | Helmerich & Payne | 4.36 Bn | 4.12 Bn | 349.94 Mn | 188.21 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 72.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | 300,000.00 |
| 7 | Nabors Industries | 1.30 Bn | 793.72 Mn | 309.38 Mn | -492.67 Mn |
| 8 | Precision Drilling | 1.16 Bn | 1.11 Bn | 89.29 Mn | 70.16 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 51.10 Mn |
| 10 | Sable Offshore | 786.04 Mn | 764.44 Mn | - | -66.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 300,000.00 |
| Jun 30, 2025 | 96.50 Mn |
| Jun 30, 2024 | 104.50 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 |
| Mar 31, 2021 | -40.60 Mn |
| Dec 31, 2020 | -25.40 Mn |
| Sep 30, 2020 | -44.60 Mn |
| Jun 30, 2020 | -91.20 Mn |
| Mar 31, 2020 | -26.80 Mn |
| Dec 31, 2019 | -30.20 Mn |