Borr Drilling (BORR) Receivables (2018 - 2026)
Borr Drilling (BORR) posted quarterly 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 reported Receivables for 9 consecutive years, with $354.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Receivables rose 39.0% year-over-year to $354.6 million; the TTM figure through Mar 2026 stood at $354.6 million (up 39.0% YoY), while the FY2025 annual figure was $324.7 million, up 11.2% from the prior year.
- Receivables advanced to $354.6 million in Q1 2026 per BORR's latest filing, from $324.7 million in the prior quarter.
- Across five years, Receivables topped out at $354.6 million in Q1 2026 and bottomed at $54.9 million in Q1 2022.
- Historically, Receivables has averaged $196.9 million across 5 years, with a median of $188.7 million in 2023.
- Annual changes were most pronounced in 2022 — Receivables tumbled 38.42% — and 2024, when it surged 167.4%.
- Borr Drilling's Receivables stood at $70.0 million in 2022, then jumped by 56.0% to $109.2 million in 2023, then jumped by 167.4% to $292.0 million in 2024, then grew by 11.2% to $324.7 million in 2025, then advanced 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 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 547.81 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 604.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 919.67 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 869.46 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 335.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 292.90 Mn |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 512.37 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 251.92 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 471.90 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | 50.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 292.90 Mn |
| 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 | 292.00 Mn |
| Sep 30, 2024 | 247.10 Mn |
| Jun 30, 2024 | 202.90 Mn |
| Mar 31, 2024 | 169.90 Mn |
| Dec 31, 2023 | 109.20 Mn |
| Sep 30, 2023 | 112.80 Mn |
| Jun 30, 2023 | 188.70 Mn |
| Mar 31, 2023 | 105.60 Mn |
| Dec 31, 2022 | 70.00 Mn |
| Sep 30, 2022 | 68.90 Mn |
| Jun 30, 2022 | 155.00 Mn |
| Mar 31, 2022 | 54.90 Mn |
| Dec 31, 2021 | 68.80 Mn |
| Sep 30, 2021 | 47.80 Mn |