NYSE · BORR
Borr Drilling Limited financials
$3.91−2.49%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.02B | $1.01B | $771.6M | $443.8M | $245.3M | $307.5M | $334.1M |
| Gross profit | $1.02B | $1.01B | $771.6M | $443.8M | $245.3M | $307.5M | $334.1M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $321.8M | $373.8M | $249.8M | -$106.1M | -$89.5M | -$207.0M | -$157.2M |
| Net income | $45.0M | $82.1M | $22.1M | -$292.8M | -$193.0M | -$317.6M | -$297.6M |
| Net margin | 4.4% | 8.1% | 2.9% | −66.0% | −78.7% | −103.3% | −89.1% |
| Diluted EPS | $0.17 | $0.32 | $0.09 | $-1.64 | $-1.43 | $-4.22 | $-5.54 |
| EBITDA | $483.2M | $516.5M | $388.5M | $150.0M | $36.6M | $6.6M | -$20.6M |
| Operating cash flow | $251.9M | $77.3M | -$50.7M | $62.5M | -$58.9M | -$54.8M | -$89.0M |
| Free cash flow | $127.4M | -$332.1M | -$164.7M | -$20.8M | -$77.8M | -$97.2M | -$360.8M |
| Diluted shares | 264.5M | 254.5M | 248.2M | 178.4M | 134.7M | 75.2M | 53.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $379.7M | $61.6M | $102.5M | $108.0M | $34.9M | $19.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $2.18B | $2.14B | $1.74B | $1.74B | $2.00B | $1.95B |
| Total assets | $3.63B | $3.42B | $3.08B | $3.00B | $3.08B | $3.17B |
| Total liabilities | $2.40B | $2.43B | $2.10B | $2.10B | $2.19B | $2.13B |
| Shareholders' equity | $1.22B | $993.3M | $984.0M | $897.8M | $889.9M | $1.04B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology