
Borr Drilling Limited (BORR) Q2 2026 Earnings Call Transcript
Borr Drilling Limited is an offshore drilling contractor for the global oil and gas industry. The company is headquartered in Hamilton, Bermuda.
| Revenue (TTM) | $1.02B |
| Gross Profit (TTM) | $443.70M |
| EBITDA | $373.10M |
| Operating Margin | 0.09% |
| Return on Equity | -24.70% |
| Return on Assets | 3.76% |
| Revenue/Share (TTM) | $3.44 |
| Book Value | $3.12 |
| Price-to-Book | 1.42 |
| Price-to-Sales (TTM) | 1.37 |
| EV/Revenue | 3.573 |
| EV/EBITDA | 19.23 |
| Quarterly Earnings Growth (YoY) | 155.70% |
| Quarterly Revenue Growth (YoY) | -13.20% |
| Shares Outstanding | $308.69M |
| Float | $238.07M |
| % Insiders | 10.68% |
| % Institutions | 66.67% |
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Borr Drilling Limited (BORR) Q2 2026 Earnings Call Transcript

Borr Drilling NYSE: BORR reported lower second-quarter adjusted EBITDA and a wider net loss as rig transitions, startup costs for the Odin rig, higher fuel and insurance expenses, and a credit-loss provision weighed on results. Management said it expects a significant sequential improvement in the third quarter as transitioned rigs return to work and the Odin begins its U.S. Gulf campaign.

HAMILTON, Bermuda, August 12, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) (the "Company") today filed its unaudited interim financial report on Form 6-K for the three and six months ended June 30, 2026 with the U.S. Securities and Exchange Commission ("SEC"). The report is enclosed with this release.

HAMILTON , Bermuda, August 11, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the three and six months ended June 30, 2026. Highlights: Second Quarter total operating revenues of $232.3 million, a decrease of $14.7 million or 6% compared to the first quarter of 2026.

HAMILTON, Bermuda, July 29, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) ("Borr Drilling" or the "Company") today announced that BC Ventures Limited ("BC Ventures"), a 50/50 joint venture between the Company and its long-term well construction partner in Mexico, has completed the previously announced acquisition of five premium jack-up rigs from Fontis Finance Ltd. for a total purchase price of $287 million.

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HAMILTON, Bermuda, July 15, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) (the "Company") plans to release its financial results for the second quarter of 2026 (April 1 to June 30) after the close of trading on NYSE on Tuesday, August 11, 2026. A conference call and webcast are scheduled for 09:00 New York time (15:00 CEST) on Wednesday, August 12, 2026.

HAMILTON, Bermuda, June 29, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) ("Borr Drilling" or the "Company") today announced the final tender results of the previously announced offer by Borr IHC Limited (the "Issuer"), the Company's wholly-owned subsidiary, to purchase for cash (the "Tender Offer") (i) any and all of its outstanding 10.000% Senior Secured Notes due 2028 (the "2028 Notes") and (ii) any and all of its outstanding 10.375% Senior Secured Notes Due 2030 (the "2030 Notes" and, together with the 2028 Notes, the "Notes"), and the related solicitation of consents (the "Consent Solicitation") from Holders to vote in favor of certain proposed amendments (the "Proposed Amendments") to the indenture dated November 7, 2023 (as amended or supplemented from time to time, the "Existing Indenture"), in each case pursuant to the terms and subject to the conditions set forth in the offer to purchase and consent solicitation statement dated May 26, 2026 (as amended or supplemented from time to time, the "Statement"). Capitalized terms used but not otherwise defined in this release have the meaning given in the Statement.

NEW YORK, June 25, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Borr Drilling Limited ("Borr" or the "Company") (NYSE: BORR). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

NEW YORK, June 23, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Borr Drilling Limited (“Borr” or the “Company”) (NYSE: BORR). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
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