Income Statement - Borr Drilling Ltd (BORR)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,020.80 | 1,010.60 | 771.60 | 443.80 | 245.30 | 307.50 | 334.10 | 164.90 | 0.10 | 0.00 |
| Cost of revenue | 648.60 | 131.20 | 117.40 | 116.50 | 119.60 | 117.90 | 121.60 | 103.70 | 47.90 | 0.00 |
| Gross profit | 372.20 | 879.40 | 654.20 | 327.30 | 125.70 | 189.60 | 212.50 | 61.20 | -36.10 | 0.00 |
| Total operating expenses | 50.40 | 505.20 | 403.80 | 429.20 | 214.00 | 377.60 | 363.30 | 192.60 | 57.20 | 0.75 |
| Operating income | 321.80 | 374.20 | 250.40 | -101.90 | -88.30 | -188.00 | -150.80 | -131.40 | -109.70 | -0.75 |
| Non-operating income (net) | -235.90 | -233.90 | -194.30 | -172.50 | -95.00 | -113.40 | -137.10 | -57.00 | 21.70 | 0.02 |
| Income before tax | 85.90 | 140.30 | 56.10 | -274.40 | -183.30 | -301.40 | -287.90 | -188.40 | -88.00 | -0.74 |
| Income tax expense | 40.90 | 58.20 | 34.00 | 18.40 | 9.70 | 16.20 | 11.20 | 2.50 | -21.70 | 0.00 |
| Net income | 45.00 | 82.10 | 22.10 | -292.80 | -193.00 | -317.60 | -297.60 | -190.50 | -88.00 | -0.76 |
Show Quarterly Income Statement
Income Statement - Borr Drilling Ltd (BORR)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 247.00 | 259.40 | 277.10 | 267.70 | 216.60 | 263.10 | 241.60 | 271.90 | 234.00 | 220.60 | 191.50 | 187.50 | 172.00 | 148.60 | 107.90 | 105.30 | 82.00 | 69.10 | 73.00 | 54.80 | 48.40 | 60.20 | 59.20 | 84.00 | 104.10 | 92.90 | 102.70 | 86.60 | 51.90 | 53.50 | 49.70 | 51.10 | 10.60 | 35.40 | 8.00 | 0.95 | |
| Cost of revenue | 187.20 | 177.90 | 166.10 | 36.70 | 35.90 | 35.70 | 31.80 | 31.90 | 31.80 | 30.80 | 30.40 | 28.00 | 28.20 | 28.30 | 29.20 | 29.50 | 29.50 | 36.40 | 28.40 | 26.40 | 28.40 | 29.10 | 28.90 | 27.50 | 32.40 | 28.70 | 29.90 | 31.70 | 31.30 | 32.30 | 31.20 | 28.00 | 12.20 | 35.40 | 8.00 | 3.50 | 1.00 |
| Gross profit | 59.80 | 81.50 | 111.00 | 231.00 | 180.70 | 227.40 | 209.80 | 240.00 | 202.20 | 189.80 | 161.10 | 159.50 | 143.80 | 120.30 | 78.70 | 75.80 | 52.50 | 32.70 | 44.60 | 28.40 | 20.00 | 31.10 | 30.30 | 56.50 | 71.70 | 64.20 | 72.80 | 54.90 | 20.60 | 21.20 | 18.50 | -1.30 | -1.60 | -35.40 | -8.00 | -3.50 | -0.95 |
| Total operating expenses | 13.80 | 14.20 | 12.80 | 134.50 | 120.50 | 126.40 | 126.10 | 135.50 | 117.20 | 109.10 | 97.30 | 99.60 | 97.80 | 90.80 | 74.80 | 198.80 | 64.80 | 46.20 | 53.30 | 54.40 | 60.60 | 62.40 | 74.90 | 147.70 | 98.50 | 97.00 | 98.80 | 91.50 | 67.20 | 45.00 | 55.40 | 47.90 | 12.50 | 31.60 | 16.90 | 9.40 | 3.91 |
| Operating income | 46.00 | 67.30 | 98.20 | 96.50 | 60.20 | 101.00 | 83.70 | 104.50 | 85.00 | 80.70 | 63.80 | 59.90 | 46.00 | 29.50 | 3.90 | -123.00 | -12.30 | -13.00 | -8.70 | -26.00 | -40.60 | -25.40 | -44.60 | -91.20 | -26.80 | -30.20 | -26.00 | -36.60 | -58.00 | -51.00 | -41.50 | -24.80 | -14.10 | -67.00 | -24.90 | -12.90 | -4.90 |
| Non-operating income (net) | -63.90 | -56.10 | -59.10 | -56.60 | -64.50 | -65.10 | -58.50 | -57.90 | -52.40 | -61.60 | -48.90 | -45.70 | -38.10 | -48.00 | -54.30 | -36.00 | -34.20 | -29.40 | -19.20 | -34.90 | -11.50 | -18.10 | -13.90 | -15.00 | -54.00 | -34.40 | -49.40 | -64.10 | 1.80 | -59.20 | 4.50 | 17.40 | -19.70 | 5.30 | 15.30 | 1.10 | 0.04 |
| Income before tax | -17.90 | 11.20 | 39.10 | 39.90 | -4.30 | 35.90 | 25.20 | 46.60 | 32.60 | 19.10 | 14.90 | 14.20 | 7.90 | -18.50 | -50.40 | -159.00 | -46.50 | -42.40 | -27.90 | -60.90 | -52.10 | -43.50 | -58.50 | -106.20 | -80.80 | -64.60 | -75.40 | -100.70 | -56.20 | -110.20 | -37.00 | -7.40 | -33.80 | -61.70 | -9.60 | -11.80 | -4.86 |
| Income tax expense | 11.10 | 12.20 | 11.30 | 4.80 | 12.60 | 9.60 | 15.50 | 14.90 | 18.20 | -9.30 | 14.60 | 13.40 | 15.30 | 2.80 | 4.50 | 6.30 | 4.80 | 3.70 | 4.70 | -1.00 | 2.30 | 3.20 | 3.40 | 3.40 | 6.20 | 4.70 | 3.80 | 2.50 | 0.20 | 0.50 | 2.00 | -0.20 | -0.10 | -5.30 | -15.30 | -1.10 | 0.01 |
| Net income | -29.00 | -1.00 | 30.80 | 35.10 | -16.90 | 26.30 | 9.70 | 31.70 | 14.40 | 28.40 | 0.30 | 0.80 | -7.40 | -21.30 | -54.90 | -165.30 | -51.30 | -46.10 | -32.60 | -59.90 | -54.40 | -46.70 | -61.90 | -109.60 | -87.00 | -69.30 | -79.20 | -103.20 | -54.90 | -110.50 | -39.10 | -7.20 | -33.70 | -61.70 | -9.60 | -11.80 | -4.90 |