Borr Drilling reported revenue of $232.30M and net income of -$241.40M for the quarter ended Jun 2026, down 13.2% year over year. This income statement covers 35 quarters of results from Dec 2017 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||||||||||||
| Revenue | 73.00M | 69.10M | 82.00M | 105.30M | 107.90M | 148.60M | 172.00M | 187.50M | 191.50M | 220.60M | 234.00M | 271.90M | 241.60M | 263.10M | 216.60M | 267.70M | 277.10M | 259.40M | 247.00M | 232.30M | |||||||||||||||
| Operating items | |||||||||||||||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | -28.40M | -36.40M | -29.50M | -29.50M | -29.20M | -28.30M | -28.20M | -28.00M | -30.40M | -30.80M | -31.80M | -31.90M | -31.80M | -35.70M | -35.90M | -36.70M | -37.60M | -37.80M | 42.50M | -43.50M | |||||||||||||||
| Selling, General & AdministrativeSG&A | -7.70M | -7.50M | -9.20M | -9.60M | -7.00M | -11.00M | -12.40M | -10.30M | -11.60M | -10.80M | -13.40M | -11.60M | -12.00M | -12.20M | -11.10M | -12.30M | -12.80M | -14.20M | -13.80M | -13.50M | |||||||||||||||
| Restructuring CostsRestructuring | |||||||||||||||||||||||||||||||||||
| Other Operating ExpensesOther Opex | 0.50M | 0.10M | 0.70M | -0.10M | 3.60M | 0.10M | 0.20M | 0.10M | 0.20M | 0.20M | 0.20M | 0.20M | -0.20M | 0.40M | -0.20M | 0.10M | -85.00M | 0.10M | |||||||||||||||||
| Operating ExpensesOpex | -81.70M | -82.60M | -94.30M | -229.00M | -103.90M | -122.70M | -126.10M | -127.80M | -127.80M | -140.10M | -149.20M | -167.60M | -158.10M | -161.90M | -156.80M | -171.20M | 178.90M | -192.10M | -201.00M | -232.10M | |||||||||||||||
| Operating IncomeOp. Inc | -8.70M | -13.00M | -12.30M | -123.00M | 3.90M | 29.50M | 46.00M | 59.90M | 63.80M | 80.70M | 85.00M | 104.50M | 83.70M | 101.00M | 60.20M | 96.50M | 98.00M | 67.40M | 46.00M | 0.30M | |||||||||||||||
| EBIT | -8.70M | -13.00M | -12.30M | -123.00M | 3.90M | 29.50M | 46.00M | 59.90M | 63.80M | 80.70M | 85.00M | 104.50M | 83.70M | 101.00M | 60.20M | 96.50M | 98.00M | 67.40M | 46.00M | 0.30M | |||||||||||||||
| Non-operating items | |||||||||||||||||||||||||||||||||||
| Non Operating Interest Expenses | -22.90M | -24.30M | -27.20M | -30.50M | -34.80M | -41.90M | -38.60M | -41.60M | -41.70M | -55.30M | -49.00M | -52.00M | -53.50M | -57.20M | -58.10M | -57.20M | -56.40M | -56.70M | 63.20M | -236.40M | |||||||||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | |||||||||||||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | -11.20M | 34.40M | -7.10M | -15.00M | -9.90M | 0.70M | 2.40M | 1.70M | 0.10M | 0.70M | 1.40M | 2.40M | 1.60M | 1.00M | 0.60M | 0.50M | 1.10M | 1.50M | 1.70M | 1.70M | |||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | -3.70M | -7.10M | -8.10M | -10.30M | -20.10M | -8.20M | -4.30M | -9.70M | -8.40M | -4.50M | -10.20M | -5.80M | -5.00M | -6.40M | -5.20M | -3.30M | -0.60M | 0.60M | -6.00M | ||||||||||||||||
| Non Operating IncomeNon Op. Inc. | -26.60M | -31.40M | -35.30M | -36.90M | -54.10M | -49.40M | -40.50M | -49.60M | -50.00M | -59.10M | -57.80M | -55.40M | -56.90M | -62.60M | -62.70M | -56.40M | 58.60M | -55.80M | -62.70M | -236.50M | |||||||||||||||
| Net income details | |||||||||||||||||||||||||||||||||||
| EBT | -27.90M | -42.40M | -46.50M | -159.00M | -50.40M | -18.50M | 7.90M | 14.20M | 14.90M | 19.10M | 32.60M | 46.60M | 25.20M | 35.90M | -4.30M | 39.90M | 39.10M | 11.20M | -17.90M | -230.50M | |||||||||||||||
| Tax ProvisionsTaxes | -4.70M | -3.70M | -4.80M | -6.30M | -4.50M | -2.80M | -15.30M | -13.40M | -14.60M | 9.30M | -18.20M | -14.90M | -15.50M | -9.60M | -12.60M | -4.80M | 11.30M | -12.20M | 11.10M | -10.90M | |||||||||||||||
| Profit After TaxPAT | -32.60M | -46.10M | -51.30M | -165.30M | -54.90M | -21.30M | -7.40M | 0.80M | 0.30M | 28.40M | 14.40M | 31.70M | 9.70M | 26.30M | -16.90M | 35.10M | 27.80M | -1.00M | -29.00M | -241.40M | |||||||||||||||
| Equity Income | 3.80M | 2.00M | 1.10M | -1.10M | -0.20M | 1.40M | 2.40M | 3.90M | 1.10M | -2.50M | 5.40M | -2.50M | -1.60M | -2.50M | -1.80M | -0.20M | 1,140.10M | -0.40M | 1.20M | -0.30M | |||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | |||||||||||||||||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -23.20M | -38.70M | -41.70M | -152.70M | -45.90M | -15.70M | 23.20M | 27.60M | 29.50M | 9.80M | 50.80M | 61.50M | 40.70M | 45.50M | 8.30M | 44.70M | 27.80M | 23.40M | -29.00M | -219.60M | |||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -23.20M | -38.70M | -41.70M | -152.70M | -45.90M | -15.70M | 23.20M | 27.60M | 29.50M | 9.80M | 50.80M | 61.50M | 40.70M | 45.50M | 8.30M | 44.70M | 27.80M | 23.40M | -29.00M | -219.60M | |||||||||||||||
| Income towards Parent CompanyParent Net Inc | -23.20M | -38.70M | -41.70M | -152.70M | -45.90M | -15.70M | 23.20M | 27.60M | 29.50M | 9.80M | 50.80M | 61.50M | 40.70M | 45.50M | 8.30M | 44.70M | 27.80M | 23.40M | -29.00M | -219.60M | |||||||||||||||
| Net Income towards Common StockholdersNet Income | -23.20M | -38.70M | -41.70M | -152.70M | -45.90M | -15.70M | 23.20M | 27.60M | 29.50M | 9.80M | 50.80M | 61.50M | 40.70M | 45.50M | -16.90M | 35.10M | 27.80M | 23.40M | 29.00M | -241.40M | |||||||||||||||
| Additional items | |||||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.31 | -0.29 | -0.31 | -1.13 | -0.34 | -0.09 | 0.13 | 0.15 | 0.17 | 0.04 | 0.21 | 0.25 | 0.17 | 0.18 | -0.07 | 0.14 | 0.11 | 0.09 | 0.11 | -0.92 | |||||||||||||||
| EPS (Diluted) | -0.31 | -0.29 | -0.31 | -1.13 | -0.34 | -0.09 | 0.13 | 0.15 | 0.17 | 0.04 | 0.20 | 0.25 | 0.16 | 0.18 | -0.07 | 0.14 | 0.11 | 0.09 | 0.11 | -0.91 | |||||||||||||||
| Shares Outstanding | 75.18M | 134.73M | 134.73M | 134.73M | 134.73M | 178.40M | 178.40M | 178.40M | 178.40M | 244.27M | 244.27M | 244.27M | 244.27M | 250.89M | 250.89M | 250.89M | 250.89M | 262.34M | 262.34M | 262.34M | |||||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 75.18M | 134.73M | 134.73M | 134.73M | 134.73M | 178.40M | 178.40M | 178.40M | 178.40M | 248.15M | 248.15M | 248.15M | 248.15M | 254.46M | 254.46M | 254.46M | 254.46M | 264.55M | 264.55M | 264.55M | |||||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 136.81M | 178.40M | 252.58M | 244.93M | 307.22M | ||||||||||||||||||||||||||||||
| EBITDA | 20.00M | 25.00M | 21.40M | 37.00M | -25.30M | 55.10M | 72.40M | 84.00M | 88.20M | 367.80M | 116.80M | 136.40M | 115.50M | 136.70M | 96.10M | 133.20M | 135.60M | 105.20M | 88.50M | 43.80M | |||||||||||||||
| Interest ExpensesInt Expense | -22.90M | -24.30M | -27.20M | -30.50M | -34.80M | -41.90M | -38.60M | -41.60M | -41.70M | -55.30M | -49.00M | -52.00M | -53.50M | -57.20M | -58.10M | -57.20M | -56.40M | -56.70M | 63.20M | -236.40M | |||||||||||||||
| Tax Rate | 16.85% | 8.73% | 10.32% | 3.96% | 8.93% | 15.14% | -193.67% | -94.37% | -97.99% | 48.69% | -55.83% | -31.97% | -61.51% | -26.74% | 293.02% | -12.03% | 28.90% | -108.93% | -62.01% | 4.73% |