Borr Drilling Ltd income statement

In fiscal 2025, Borr Drilling Ltd reported revenue of $1.02bn, up 1.0% on the year before, operating income of $322m (a 31.6% margin) and net income of $45.0m, or $0.17 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Borr Drilling Ltd: income statement, annual
Fiscal year	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	0	165	334	308	245	444	772	1,011	1,021
General and administrative	21	39	50	49	35	37	45	49	50
Operating income	−110	−131	−151	−188	−88	−102	250	374	322
Interest expense	1	14	70	87	99	139	177	212	228
Income before tax	−88	−188	−288	−301	−183	−274	56	—	—
Income tax	0	3	11	16	10	18	34	58	41
Net income	−88	−191	−298	−318	−193	−293	22	82	45
Diluted EPS	−$1.70	−$3.70	−$5.54	−$4.22	−$1.43	−$1.64	$0.09	$0.32	$0.17
Diluted shares (average)	52m	51m	54m	75m	135m	178m	248m	254m	265m
EBITDA	−89	−52	−49	−70	31	15	368	505	470

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Borr Drilling Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Borr Drilling Ltd.