Borr Drilling (BORR) Prepaid Assets (2018 - 2026)
Borr Drilling (BORR) reported Prepaid Assets of $12.8 million for Q1 2026, down 30.05% year-over-year from $18.3 million in Q1 2025, and up 54.22% quarter-over-quarter from $8.3 million in Q4 2025.
Borr Drilling (BORR) Prepaid Assets (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has 9 years of Prepaid Assets data on file, last reported at $12.8 million in Q1 2026.
- Prepaid Assets for Q1 2026 came in at $12.8 million, down 30.05% year-over-year; the trailing twelve-month figure through Mar 2026 was $12.8 million (down 30.05% YoY), and the FY2025 annual result was $8.3 million, down 70.36% from the prior year.
- Prepaid Assets climbed to $12.8 million in Q1 2026 per BORR's latest filing, from $8.3 million in the prior quarter.
- Over five years, Prepaid Assets peaked at $32.0 million in Q4 2023 and troughed at $7.2 million in Q3 2024.
- A 5-year average of $15.7 million and a median of $12.8 million in 2024 frame the typical range for Prepaid Assets.
- The sharpest annual moves came in 2022 and 2025: Prepaid Assets jumped 284.85% in 2022, then slumped 70.36% in 2025.
- A 5-year view of Prepaid Assets shows it stood at $25.4 million in 2022, then increased by 25.98% to $32.0 million in 2023, then fell by 12.5% to $28.0 million in 2024, then sank by 70.36% to $8.3 million in 2025, then jumped by 54.22% to $12.8 million in 2026.
- Business Quant data shows BORR's Prepaid Assets at $12.8 million in Q1 2026, $8.3 million in Q4 2025, and $12.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.80 Mn |
| Dec 31, 2025 | 8.30 Mn |
| Sep 30, 2025 | 12.80 Mn |
| Jun 30, 2025 | 17.20 Mn |
| Mar 31, 2025 | 18.30 Mn |
| Dec 31, 2024 | 28.00 Mn |
| Sep 30, 2024 | 7.20 Mn |
| Jun 30, 2024 | 12.80 Mn |
| Mar 31, 2024 | 15.50 Mn |
| Dec 31, 2023 | 32.00 Mn |
| Sep 30, 2023 | 14.30 Mn |
| Jun 30, 2023 | 9.20 Mn |
| Mar 31, 2023 | 10.00 Mn |
| Dec 31, 2022 | 25.40 Mn |
| Sep 30, 2022 | 19.90 Mn |
| Jun 30, 2022 | 11.20 Mn |
| Mar 31, 2022 | 12.50 Mn |
| Dec 31, 2021 | 6.60 Mn |
| Sep 30, 2021 | 5.70 Mn |
| Jun 30, 2021 | 6.70 Mn |