BORR · XBRL financial data
Borr Drilling financial statements, every quarter
The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (BORR's year ends in late December)
| In millions of dollars | Dec 31, 2019 | †Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | year only | year only | year only | year only |
| Revenue from contracts with customers | year only | year only | year only | year only | year only | year only | year only |
| General and administrative | year only | year only | year only | year only | year only | year only | year only |
| Total operating expenses | year only | year only | year only | year only | year only | year only | year only |
| Operating income (loss) | year only | year only | year only | year only | year only | year only | year only |
| Interest income | year only | year only | year only | year only | year only | year only | year only |
| Interest expense | year only | year only | year only | year only | year only | year only | year only |
| Other income (expense) | year only | year only | — | — | — | — | — |
| Income tax expense (benefit) | year only | year only | year only | year only | year only | year only | year only |
| Net income (loss) | year only | year only | year only | year only | year only | year only | year only |
- † Share count changed about 2x in the period ending 2020-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal quarters (BORR's year ends in late December)
| In millions of dollars | Dec 31, 2019 | †Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | 59 | 19 | 35 | 108 | 103 | 62 | 380 |
| Marketable securities | 0 | — | — | — | — | — | — |
| Marketable securities, non-current | 0 | — | — | — | — | — | — |
| Accounts receivable | 40 | 23 | 29 | 43 | — | — | — |
| Total current assets | 278 | 141 | 176 | 350 | 410 | 517 | 768 |
| Property and equipment, net | 7 | 6 | 4 | 4 | 4 | 3 | 2 |
| Right-of-use asset | 3 | 1 | 1 | 2 | 1 | 1 | — |
| Total assets | 3,280 | 3,171 | 3,080 | 3,002 | 3,080 | 3,420 | 3,626 |
| Accounts payable | 14 | 20 | 35 | 48 | 36 | 82 | 34 |
| Accrued liabilities | 62 | 52 | 61 | 81 | 77 | 68 | 76 |
| Total current liabilities | 250 | 96 | 118 | 746 | 360 | 410 | 351 |
| Long-term debt | 1,710 | 1,906 | 1,916 | 1,191 | 1,619 | 1,993 | 2,021 |
| Lease liability, non-current | 7 | 3 | 1 | 2 | 1 | 1 | 1 |
| Total liabilities | 1,986 | 2,134 | 2,190 | 2,104 | 2,096 | 2,426 | 2,403 |
| Accumulated deficit | (577) | (895) | (1,088) | (1,381) | (1,359) | (1,277) | (1,232) |
| Total stockholders' equity | 1,294 | 1,037 | — | — | — | — | — |
| Total liabilities and equity | 3,280 | 3,171 | 3,080 | 3,002 | 3,080 | 3,420 | 3,626 |
| Common shares outstanding (cover page)‡ millions of shares | 55 | 109 | 137 | 229 | 253 | 245 | 307 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-2 stock split (December 2021); filings made before it reported them unadjusted.
- † Share count changed about 2x in the period ending 2020-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal quarters (BORR's year ends in late December)
| In millions of dollars | Dec 31, 2019 | †Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|
| Net income (loss) | year only | year only | year only | year only | year only | year only | year only |
| Stock-based compensation | year only | year only | year only | year only | year only | year only | year only |
| Net cash from operating activities | year only | year only | year only | year only | year only | year only | year only |
| Net cash from investing activities | year only | year only | year only | year only | year only | year only | year only |
| Proceeds from issuing common stock | — | year only | year only | year only | year only | year only | year only |
| Share repurchases | year only | year only | year only | year only | year only | year only | year only |
| Dividends paid | — | — | — | year only | year only | year only | year only |
| Repayments of long-term debt | year only | year only | year only | — | — | — | — |
| Net cash from financing activities | year only | year only | year only | year only | year only | year only | year only |
- † Share count changed about 2x in the period ending 2020-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 1381 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 1381 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
- A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Borr Drilling | 380 | year only | year only | 307.2M | — | 20-FDec 31, 2025 |
| Black Rock Petroleum | 0 | not reported | 0* | 200.0M | — | 10-KApr 30, 2024 |
| Baytex Energy | 953 | year only | year only | 765.6M | — | 40-FDec 31, 2025 |
| Greenland Energy | 37 | not reported | (2.1)* | 43.7M | 18.2 quarters | 10-QJun 30, 2026 |
| Helmerich & Payne | 204 | 1,035 | 154* | 99.9M | — | 10-QJun 30, 2026 |
| HighPeak Energy | 146 | 272 | 126* | 126.5M | — | 10-QJun 30, 2026 |
| Nabors Industries | 475 | 872 | 239* | 16.3M | — | 10-QSep 30, 2026 |
| Noble | 337 | 729 | 144* | 159.7M | — | 10-QSep 30, 2026 |
| Permex Petroleum | 2.1 | 0.1 | (0.2)* | 551,503 | 12.3 quarters | 10-QJun 30, 2025 |
Not investment advice. Not affiliated with the U.S. SEC.