NYSE$BORR
Borr Drilling Ltd · Q4 2025 earnings
Q4 2025 earnings · · Investor relations
Briefing
Borr Drilling reported FY2025 net income of $45.0M on operating revenues from jack-up drilling.
Borr Drilling’s FY2025 Form 20-F shows net income of $45.0M vs $82.1M in 2024 as dayrate and utilization trends shifted. The company operates a modern jack-up rig fleet across multiple regions with concentration among major oil customers.
- FY2025 net income $45.0M vs $82.1M prior year.
- Jack-up drilling fleet across global markets.
- Customer concentration among major E&P companies.
- 20-F annual report format for Q4 calendar slot.
Headline financials
Revenue & EPS history
Borr Drilling · Revenue · Quarterly
$259M
Revenue by segment
Borr Drilling · $217M total across 3 segments · Q1 2025
- Dayrate revenue$202M—93.4%
- Bareboat charter revenue$7.6M—3.5%
- Management contract revenue$6.8M—3.1%
Forward guidance
Contract backlog and dayrate outlook tied to offshore drilling cycle; Noble transaction noted as subsequent event.
Tailwinds
- Modern jack-up fleet competitive in shallow water.
- Contract coverage provides revenue visibility.
Headwinds
- Net income down vs 2024.
- Offshore drilling cycle volatility.
- Leverage and interest costs on debt.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2025
+1.7%
Avg return
Earnings day
+0.4%
Avg return
5 days after
-0.3%
Avg return
30 days after
44%
14 / 32 earnings
Positive
+21.8%
Q1 2022
Best reaction
-27.9%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.0% | -10.5% | -25.0% | |
| Q4 2025 | +3.5% | +0.7% | -21.5% | |
| Q3 2025 | +5.9% | +6.2% | +26.2% | |
| Q1 2025 | +0.6% | +8.7% | +29.2% | |
| Q4 2024 | +2.3% | -7.0% | -21.8% | |
| Q2 2024 | +2.8% | -5.7% | -15.6% | |
| Q4 2023 | -4.2% | -4.3% | +5.3% | |
| Q3 2023 | -0.7% | +2.1% | +12.5% | |
| Q2 2023 | -8.7% | -9.7% | -4.7% | |
| Q1 2023 | +2.5% | -1.8% | -8.9% | |
| Q4 2022 | +2.4% | -3.5% | -4.1% | |
| Q3 2022 | -4.9% | -3.9% | -14.5% | |
| Q2 2022 | -8.3% | -3.4% | -9.2% | |
| Q1 2022 | +21.8% | +28.2% | -8.3% | |
| Q4 2021 | -4.1% | -8.7% | +38.5% | |
| Q3 2021 | +20.2% | +22.9% | -12.7% | |
| Q2 2021 | +15.6% | +13.3% | +18.5% | |
| Q1 2021 | -0.9% | +6.2% | -11.6% | |
| Q4 2020 | -3.0% | -5.8% | -14.0% | |
| Q3 2020 | -7.9% | +0.3% | -2.7% | |
| Q2 2020 | -6.0% | -12.0% | -27.3% | |
| Q4 2018 | +17.7% | +10.9% | -27.0% | |
| Q4 2017 | +17.7% | +10.9% | -27.0% | |
| Q1 2020 | +17.9% | +24.2% | +166.2% | |
| Q4 2019 | -27.9% | -43.3% | -82.8% | |
| Q3 2019 | -3.9% | -3.5% | +30.5% | |
| Q2 2019 | +11.7% | -0.4% | +4.4% | |
| Q1 2019 | -0.4% | — | — | |
| Q3 2018 | -0.5% | — | — | |
| Q2 2018 | -1.5% | — | — | |
| Q1 2018 | -1.6% | — | — | |
| Q3 2017 | +0.0% | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — |
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