Borr (BORR)
Contracts modern jack-up rigs for shallow-water oil and gas drilling.
$4.46
After hours+0.00 (+0.11%)
At close$4.46(+0.56%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 192 | 221 | 234 | 272 | 242 | 263 | 217 | 268 | 277 | 259 | 247 | 232 |
| Cost of revenue | 30 | 31 | 32 | 32 | 32 | 36 | 36 | 37 | 166 | 178 | 187 | 175 |
| Gross profit | 161 | 190 | 202 | 240 | 210 | 227 | 181 | 231 | 111 | 82 | 60 | 57 |
| 97 | 109 | 117 | 136 | 126 | 126 | 121 | 135 | 13 | 14 | 14 | 57 | |
| 12 | 11 | 13 | 12 | 12 | 12 | 11 | 12 | 13 | 14 | 14 | 14 | |
| General & administrative | 12 | 11 | 13 | 12 | 12 | 12 | 11 | 12 | 0 | 0 | 0 | 14 |
| Other expenses | 86 | 98 | 104 | 124 | 114 | 114 | 109 | 122 | 0 | 0 | 0 | 43 |
| Operating income | 64 | 81 | 85 | 105 | 84 | 101 | 60 | 97 | 98 | 67 | 46 | 0 |
| −49 | −62 | −52 | −58 | −59 | −65 | −65 | −57 | −59 | −56 | −64 | −231 | |
| Interest income | 0 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Interest expense | 40 | 55 | 52 | 53 | 55 | 57 | 63 | 58 | 58 | 57 | 60 | 236 |
| Other non-operating income | 10 | 18 | 6 | 9 | 8 | 10 | 9 | 2 | 1 | −1 | 4 | 4 |
| Income before tax | 15 | 19 | 33 | 47 | 25 | 36 | −4 | 40 | 39 | 11 | −18 | −231 |
| Income tax expense | 15 | −9 | 18 | 15 | 16 | 10 | 13 | 5 | 11 | 12 | 11 | 11 |
| Net income from continuing operations | 0 | 28 | 14 | 32 | 10 | 26 | −17 | 35 | 28 | −1 | −29 | −241 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 |
| Net income | 0 | 28 | 14 | 32 | 10 | 26 | −17 | 35 | 31 | −1 | −29 | −241 |
| EPS, basic | $0.00 | $0.11 | $0.06 | $0.13 | $0.04 | $0.11 | −$0.07 | $0.15 | $0.11 | −$0.00 | −$0.09 | −$0.79 |
| EPS, diluted | $0.00 | $0.10 | $0.05 | $0.11 | $0.04 | $0.09 | −$0.07 | $0.13 | $0.10 | −$0.00 | −$0.09 | −$0.79 |
| Weighted average shares, basic | 246 | 252 | 253 | 251 | 251 | 249 | 243 | 239 | 275 | 291 | 308 | 307 |
| Weighted average shares, diluted | 250 | 290 | 257 | 288 | 255 | 285 | 243 | 274 | 312 | 291 | 308 | 307 |
| EBITDA | 84 | 94 | 111 | 128 | 108 | 127 | 87 | 131 | 134 | 106 | 85 | 40 |
| Depreciation & amortization | 30 | 31 | 32 | 32 | 32 | 36 | 36 | 37 | 38 | 38 | 43 | 44 |
| EBIT | 54 | 63 | 79 | 96 | 76 | 91 | 51 | 95 | 97 | 68 | 42 | −4 |