BORR - NYSE
Borr Drilling Limited
$5.06
-5.4%Borr Drilling Limited operates as an offshore drilling contractor to the oil and gas industry worldwide. It owns, contracts, and operates jack-up rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production. The company serves oil and gas exploration and production companies, such as integrated oil companies, state-owned national oil companies, and independent oil and gas companies. As of December 31, 2021, it operated a fleet of 23 jack-up drilling rigs. The company was formerly known as Magni Drilling Limited and changed its name to Borr Drilling Limited in December 2016. Borr Drilling Limited was incorporated in 2016 and is based in Hamilton, Bermuda.
At a Glance
Live SnapshotBorr Drilling Limited Profit Bridge
Profitability Analysis
Gross Margin
Strong gross margins indicate healthy pricing and efficient production or service delivery.
Operating Margin
Outstanding operational efficiency. The company generates substantial profit from core operations.
Net Profit Margin
Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.
Effective Tax Rate
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Profitability Insight
Interest or tax burden: Strong operational performance but thin net margins indicate high interest expenses or unfavorable tax position eating into profits.
Borr Drilling Limited Income Statement
BORR • NYSE
| Borr Drilling Limited Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||
1B | 1B | 771.6M | 443.8M | 245.3M | 307.5M | 334.1M | 164.9M | 100K | 0.0 | |
GROSS PROFIT | ||||||||||
(648.6M) | (131.2M) | (117.4M) | (116.5M) | (119.6M) | (117.9M) | (121.6M) | (103.7M) | (47.9M) | (0.0) | |
372.2M | 879.4M | 654.2M | 327.3M | 125.7M | 189.6M | 212.5M | 61.2M | -36.1M | 0.0 | |
OPERATING INCOME | ||||||||||
(50.4M) | (505.2M) | (403.8M) | (429.2M) | (214M) | (377.6M) | (363.3M) | (192.6M) | (57.2M) | (753K) | |
(50.4M) | (49.2M) | (45.1M) | (36.8M) | (34.7M) | (49.1M) | (50.4M) | (38.7M) | (21M) | (753K) | |
321.8M | 374.2M | 250.4M | -101.9M | -88.3M | -188M | -150.8M | -131.4M | -109.7M | -753K | |
PRE-TAX INCOME | ||||||||||
(228.4M) | (218.8M) | (179.5M) | (151.9M) | (92.9M) | (97.2M) | (85.2M) | (17.2M) | (500K) | (0.0) | |
-224.7M | -212.4M | -174.6M | -146.5M | -92.9M | -97M | -83.7M | -16M | 2.7M | 0.0 | |
(0.0) | (456M) | (358.7M) | (392.4M) | (179.3M) | (328.5M) | (312.9M) | (180.1M) | (67.6M) | (0.0) | |
-235.9M | -233.9M | -194.3M | -172.5M | -95M | -113.4M | -137.1M | -57M | 21.7M | 0.0 | |
85.9M | 140.3M | 56.1M | -274.4M | -183.3M | -301.4M | -287.9M | -188.4M | -88M | -735K | |
NET INCOME | ||||||||||
(40.9M) | (58.2M) | (34M) | (18.4M) | (9.7M) | (16.2M) | (11.2M) | (2.5M) | (0.0) | (2K) | |
45M | 82.1M | 22.1M | -292.8M | -193M | -317.6M | -297.6M | -190.5M | -88M | -755K |
SEC Filings
BORR - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
6-K 6-K 2026 Q2 Q2 | May 28, 2026 | May 27, 2026 | 2026 | |
6-K 6-K 2026 Q2 Q2 | May 28, 2026 | May 27, 2026 | 2026 | |
6-K 6-K 2026 Q2 Q2 | May 26, 2026 | May 26, 2026 | 2026 | |
6-K 6-K 2026 Q2 Q2 | May 26, 2026 | May 26, 2026 | 2026 | |
6-K 6-K 2026 Q2 Q2 | May 26, 2026 | May 26, 2026 | 2026 | |
6-K 6-K 2026 Q1 Q1 | May 21, 2026 | March 31, 2026 | 2026 | |
6-K 6-K 2026 Q2 Q2 | May 21, 2026 | May 21, 2026 | 2026 | |
6-K 6-K 2026 Q2 Q2 | May 21, 2026 | May 20, 2026 | 2026 | |
6-K 6-K 2026 Q2 Q2 | May 21, 2026 | May 20, 2026 | 2026 | |
6-K 6-K 2026 Q2 Q2 | May 20, 2026 | May 20, 2026 | 2026 |
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