Borr Drilling (BORR) Receivables (2018 - 2026)
Borr Drilling (BORR) reported Receivables of $354.6 million for Q1 2026, up 39.0% year-over-year from $255.1 million in Q1 2025, and up 9.21% quarter-over-quarter from $324.7 million in Q4 2025.
Borr Drilling (BORR) Receivables (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has 9 years of Receivables data on file, last reported at $354.6 million in Q1 2026.
- Receivables for Q1 2026 came in at $354.6 million, up 39.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $354.6 million (up 39.0% YoY), and the FY2025 annual result was $135.2 million, up 47.6% from the prior year.
- Receivables improved to $354.6 million in Q1 2026 per BORR's latest filing, from $324.7 million in the prior quarter.
- Over five years, Receivables peaked at $354.6 million in Q1 2026 and troughed at $54.9 million in Q1 2022.
- A 5-year average of $194.1 million and a median of $194.3 million in 2024 frame the typical range for Receivables.
- The sharpest annual moves came in 2022 and 2024: Receivables soared 259.55% in 2022, then slipped 6.45% in 2024.
- A 5-year view of Receivables shows it stood at $175.1 million in 2022, then advanced by 18.62% to $207.7 million in 2023, then slipped by 6.45% to $194.3 million in 2024, then surged by 67.11% to $324.7 million in 2025, then gained by 9.21% to $354.6 million in 2026.
- Business Quant data shows BORR's Receivables at $354.6 million in Q1 2026, $324.7 million in Q4 2025, and $349.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 299.17 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 595.88 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 638.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 742.38 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 819.96 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 221.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 1.54 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 78.03 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 354.60 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 471.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 354.60 Mn |
| Dec 31, 2025 | 324.70 Mn |
| Sep 30, 2025 | 349.80 Mn |
| Jun 30, 2025 | 286.80 Mn |
| Mar 31, 2025 | 255.10 Mn |
| Dec 31, 2024 | 194.30 Mn |
| Sep 30, 2024 | 247.10 Mn |
| Jun 30, 2024 | 202.90 Mn |
| Mar 31, 2024 | 169.90 Mn |
| Dec 31, 2023 | 207.70 Mn |
| Sep 30, 2023 | 112.80 Mn |
| Jun 30, 2023 | 108.60 Mn |
| Mar 31, 2023 | 105.60 Mn |
| Dec 31, 2022 | 175.10 Mn |
| Sep 30, 2022 | 68.90 Mn |
| Jun 30, 2022 | 81.20 Mn |
| Mar 31, 2022 | 54.90 Mn |
| Dec 31, 2021 | 48.70 Mn |
| Sep 30, 2021 | 47.80 Mn |
| Jun 30, 2021 | 49.70 Mn |