BORR · XBRL financial data

Borr Drilling financial statements, every fiscal year

The same tables from 6 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

Fiscal years (BORR's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	—	—	444	772	1,011	1,021
Revenue from contracts with customers	308	245	444	772	1,011	1,021
General and administrative	49	35	37	45	49	50
Total operating expenses	515	335	550	522	637	699
Operating income (loss)	(188)	(88)	(102)	250	374	322
Interest income	0	0	5	5	6	4
Interest expense	87	93	131	177	212	228
Other income (expense)	(36)	—	—	—	—	—
Income tax expense (benefit)	16	10	18	34	58	41
Net income (loss)	(318)	(193)	(293)	22	82	45
Earnings per share, basic‡ USD per share	(4.22)	(1.43)	(1.64)	0.09	0.33	0.17
Earnings per share, diluted‡ USD per share	(4.22)	(1.43)	(1.64)	0.09	0.32	0.17
Weighted average shares, basic millions of shares	75	135	178	244	251	262
Weighted average shares, diluted millions of shares	75	135	178	248	254	265

‡ Per-share figures and share counts are adjusted for the 1-for-2 stock split (December 2021); filings made before it reported them unadjusted.

Fiscal years (BORR's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	19	35	108	103	62	380
Accounts receivable	23	29	43	—	—	—
Total current assets	141	176	350	410	517	768
Property and equipment, net	6	4	4	4	3	2
Right-of-use asset	1	1	2	1	1	—
Total assets	3,171	3,080	3,002	3,080	3,420	3,626
Accounts payable	20	35	48	36	82	34
Accrued liabilities	52	61	81	77	68	76
Total current liabilities	96	118	746	360	410	351
Long-term debt	1,906	1,916	1,191	1,619	1,993	2,021
Lease liability, non-current	3	1	2	1	1	1
Total liabilities	2,134	2,190	2,104	2,096	2,426	2,403
Accumulated deficit	(895)	(1,088)	(1,381)	(1,359)	(1,277)	(1,232)
Total stockholders' equity	1,037	—	—	—	—	—
Total liabilities and equity	3,171	3,080	3,002	3,080	3,420	3,626
Common shares outstanding (cover page)‡ millions of shares	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.

Fiscal years (BORR's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(318)	(193)	(293)	22	82	45
Stock-based compensation	1	1	3	6	9	11
Net cash from operating activities	(55)	(59)	63	(51)	77	252
Net cash from investing activities	(120)	41	(83)	(104)	(409)	(125)
Proceeds from issuing common stock	60	45	298	58	0	187
Share repurchases	0	0	0	1	20	0
Dividends paid	—	—	0	0	76	5
Repayments of long-term debt	0	0	—	—	—	—
Net cash from financing activities	65	45	93	139	292	191

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	—	Q4 FY25 20-FDec 31, 2025
Black Rock Petroleum	0	not reported	0*	200.0M	—	Q4 FY24 10-KApr 30, 2024
Baytex Energy	953	year only	year only	765.6M	—	Q4 FY25 40-FDec 31, 2025
Greenland Energy	37	not reported	(2.1)*	43.7M	18.2 quarters	Q2 FY26 10-QJun 30, 2026
Helmerich & Payne	204	1,035	154*	99.9M	—	Q3 FY26 10-QJun 30, 2026
HighPeak Energy	146	272	126*	126.5M	—	Q2 FY26 10-QJun 30, 2026
Nabors Industries	475	872	239*	16.3M	—	Q3 FY26 10-QSep 30, 2026
Noble	337	729	144*	159.7M	—	Q3 FY26 10-QSep 30, 2026
Permex Petroleum	2.1	0.1	(0.2)*	551,503	12.3 quarters	Q3 FY25 10-QJun 30, 2025

Not investment advice. Not affiliated with the U.S. SEC.