Borr Drilling (BORR) Prepaid Assets (2018 - 2026)
Borr Drilling (BORR) posted quarterly 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 reported Prepaid Assets for 9 consecutive years, with $12.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Prepaid Assets fell 30.05% year-over-year to $12.8 million; the TTM figure through Mar 2026 stood at $12.8 million (down 30.05% YoY), while the FY2025 annual figure was $8.3 million, down 70.36% from the prior year.
- Prepaid Assets grew to $12.8 million in Q1 2026 per BORR's latest filing, from $8.3 million in the prior quarter.
- Across five years, Prepaid Assets topped out at $32.0 million in Q4 2023 and bottomed at $7.2 million in Q3 2024.
- Historically, Prepaid Assets has averaged $15.7 million across 5 years, with a median of $12.8 million in 2024.
- Annual changes were most pronounced in 2022 — Prepaid Assets surged 249.12% — and 2025, when it slumped 70.36%.
- Borr Drilling's Prepaid Assets stood at $25.4 million in 2022, then rose by 25.98% to $32.0 million in 2023, then retreated by 12.5% to $28.0 million in 2024, then slumped by 70.36% to $8.3 million in 2025, then surged 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.30 Mn |
| 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 | 16.90 Mn |
| Sep 30, 2021 | 5.70 Mn |