Borr Drilling (BORR) Receivables - Net (2018 - 2026)
Borr Drilling (BORR) posted quarterly Receivables - Net of $230.8 million for Q1 2026, up 60.5% year-over-year from $143.8 million in Q1 2025, and up 20.33% quarter-over-quarter from $191.8 million in Q4 2025.
Borr Drilling (BORR) Receivables - Net (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has reported Receivables - Net for 9 consecutive years, with $230.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Receivables - Net rose 60.5% year-over-year to $230.8 million; the TTM figure through Mar 2026 stood at $230.8 million (up 60.5% YoY), while the FY2025 annual figure was $191.8 million, up 4.07% from the prior year.
- Receivables - Net rose to $230.8 million in Q1 2026 per BORR's latest filing, from $191.8 million in the prior quarter.
- Across five years, Receivables - Net topped out at $230.8 million in Q1 2026 and bottomed at $28.1 million in Q1 2022.
- Historically, Receivables - Net has averaged $114.5 million across 5 years, with a median of $99.1 million in 2024.
- Annual changes were most pronounced in 2022 — Receivables - Net jumped 202.97% — and 2024, when it retreated 7.3%.
- Borr Drilling's Receivables - Net stood at $61.2 million in 2022, then gained by 24.18% to $76.0 million in 2023, then jumped by 142.5% to $184.3 million in 2024, then increased by 4.07% to $191.8 million in 2025, then climbed by 20.33% to $230.8 million in 2026.
- Business Quant data shows BORR's Receivables - Net at $230.8 million in Q1 2026, $191.8 million in Q4 2025, and $224.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 192.50 Mn |
| Jun 30, 2026 | 192.50 Mn |
| Mar 31, 2026 | 230.80 Mn |
| Mar 31, 2026 | 230.80 Mn |
| Dec 31, 2025 | 191.80 Mn |
| Dec 31, 2025 | 191.80 Mn |
| Sep 30, 2025 | 224.00 Mn |
| Sep 30, 2025 | 224.00 Mn |
| Jun 30, 2025 | 149.20 Mn |
| Jun 30, 2025 | 149.20 Mn |
| Mar 31, 2025 | 143.80 Mn |
| Mar 31, 2025 | 143.80 Mn |
| Dec 31, 2024 | 184.30 Mn |
| Dec 31, 2024 | 184.30 Mn |
| Sep 30, 2024 | 152.40 Mn |
| Sep 30, 2024 | 152.40 Mn |
| Jun 30, 2024 | 99.10 Mn |
| Jun 30, 2024 | 99.10 Mn |
| Mar 31, 2024 | 61.30 Mn |
| Mar 31, 2024 | 61.30 Mn |