BORR
Borr Drilling Limited
NYSE · Energy · Oil & Gas Drilling · BM
$4.54
−1.52%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.0B | 1.0B | 1.0B | 771.6M | 443.8M |
| Cost of Revenue | 706.3M | 648.6M | 131.2M | 117.4M | 116.5M |
| Gross Profit | 309.5M | 372.2M | 879.4M | 654.2M | 327.3M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 54.3M | 50.4M | 49.2M | 45.1M | 36.8M |
| General & Admin Expense | 13.5M | — | 49.2M | 45.1M | 36.8M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 43.4M | — | 456.0M | 358.7M | 392.4M |
| Total Operating Expenses | 97.7M | 50.4M | 505.2M | 403.8M | 429.2M |
| Cost and Expenses | 804.0M | 699.0M | 636.4M | 521.2M | 545.7M |
| Operating Income (EBIT) | 211.8M | 321.8M | 374.2M | 250.4M | (101.9M) |
| Non-Operating | |||||
| Interest Income | 6.7M | 3.7M | 6.4M | 4.9M | 5.4M |
| Interest Expense | 410.7M | 228.4M | 218.8M | 179.5M | 151.9M |
| Net Interest Income | (404.0M) | (224.7M) | (212.4M) | (174.6M) | (146.5M) |
| Other Non-Op Income/Expense | (409.9M) | (235.9M) | (233.9M) | (194.3M) | (172.5M) |
| Non-Operating Income (excl Interest) | 8.7M | 7.5M | 32.4M | 35.9M | 47.1M |
| EBT (Pre-Tax Income) | (198.1M) | 85.9M | 140.3M | 56.1M | (274.4M) |
| Income Tax Expense | 45.5M | 40.9M | 58.2M | 34.0M | 18.4M |
| Bottom Line | |||||
| Net Income | (240.6M) | 45.0M | 82.1M | 22.1M | (292.8M) |
| Earnings from Cont. Ops | (243.6M) | 45.0M | 82.1M | 22.1M | (292.8M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (240.6M) | 45.0M | 82.1M | 22.1M | (292.8M) |
| Per Share | |||||
| Basic EPS | ($0.78) | $0.17 | $0.33 | $0.09 | ($1.64) |
| Diluted EPS | ($0.79) | $0.17 | $0.32 | $0.09 | ($1.64) |
| Revenue Per Share | $3.30 | $3.89 | $4.03 | $3.16 | $2.49 |
| Shares | |||||
| Basic Shares Outstanding | 307.4M | 262.3M | 250.9M | 244.3M | 178.4M |
| Diluted Shares Outstanding | 307.4M | 264.5M | 254.5M | 248.2M | 178.4M |
| Profitability Metrics | |||||
| EBITDA | 364.5M | 462.3M | 473.0M | 331.9M | (32.5M) |
| D&A | 161.4M | 148.0M | 131.2M | 117.4M | 116.5M |
| EBIT | 203.1M | 314.3M | 341.8M | 214.5M | (149.0M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026