Borr Drilling Limited (BORR) quarterly cash flow statement — complete operating, investing & financing history
Borr Drilling Limited (BORR) cash flow statement — 10-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | -21.41M | 48.1M | 34.8M | 72.1M | 6.3M | 138.7M | -14.8M | 48.4M | 16M | 23.9M | -81.98M | 34.5M | 2.4M | -8.2M | 73.1M | 8.2M | -8.5M | -14.7M | -24.17M | -6M |
| Operating CF Margin % | -9.22% | 19.47% | 13.42% | 26.02% | 2.35% | 64.04% | -5.63% | 20.03% | 5.88% | 10.21% | -37.16% | 18.02% | 1.28% | -4.77% | 49.19% | 7.6% | -8.07% | -17.93% | -34.98% | -8.22% |
| Operating CF Growth % | -439.89% | -65.32% | 335.14% | 48.97% | -60.62% | 480.33% | 81.95% | 40.29% | 566.67% | 391.46% | -212.16% | 320.73% | 128.24% | 44.22% | 402.38% | 236.71% | 23.62% | 11.98% | 39.93% | -3.42% |
| Net Income | -241.4M | -29M | -1M | 27.8M | 35.1M | -16.9M | 26.3M | 9.7M | 31.7M | 14.4M | 30.21M | 300K | 800K | -7.4M | -21.3M | -54.9M | -165.3M | -51.3M | -46.1M | -32.6M |
| Depreciation & Amortization | 43.5M | 42.5M | 37.8M | 37.6M | 36.7M | 35.9M | 35.7M | 31.8M | 31.9M | 31.8M | 32.76M | 30.4M | 28M | 28.2M | 28.3M | 29.2M | 29.5M | 29.5M | 36.4M | 28.4M |
| Stock-Based Compensation | 0 | 2.6M | 2.8M | 2.5M | 2.6M | 3.4M | 3M | 2.5M | 1.8M | 1.8M | 1.7M | 1.3M | 1.3M | 1.3M | 0 | 500K | 200K | 300K | 0 | 0 |
| Deferred Taxes | -1.21M | 200K | 1.9M | 900K | -5.5M | -500K | 8.1M | -3M | 1.3M | 3.1M | -16.71M | -1.2M | 900K | -100K | -1.98M | -1M | 1.1M | -100K | 192K | 122.27K |
| Other Non-Cash Items | 188.16M | 11.9M | 4.6M | 2.1M | 4.8M | 12.2M | -11.2M | 9M | -19.1M | -12.8M | -9.6M | -4.1M | -6M | -4.2M | 5.08M | 19.9M | 129.2M | 7.8M | 508.24K | -3.1M |
| Working Capital Changes | -10.46M | 19.9M | -11.3M | 1.2M | -67.4M | 104.6M | -76.7M | -1.6M | -31.6M | -14.4M | -120.34M | 7.8M | -22.6M | -26M | 63M | 14.5M | -3.2M | -900K | -15.17M | 1.18M |
| Change in Receivables | 0 | 0 | 7.9M | -3.8M | 900K | 74.4M | 0 | 0 | 13.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 27.67M | 18.7M | -6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -5.02M | -182.9M | -52.1M | -33.9M | -13.4M | -25.1M | -189.9M | -187.4M | -13.4M | -18.7M | -37.83M | -23.8M | -15.9M | -29M | -37.52M | -20.4M | -15.6M | -7.1M | 1.66M | 42.65M |
| Capital Expenditures | -11.11M | -182.9M | -52.1M | -33.9M | -13.4M | -25.1M | -189.9M | -187.4M | -13.4M | -18.7M | -37.97M | -23.8M | -25.7M | -29M | -37.52M | -20.4M | -16.3M | -7.1M | -5.41M | -5.43M |
| CapEx % of Revenue | 4.78% | 74.05% | 20.08% | 12.23% | 5.01% | 11.59% | 72.18% | 77.57% | 4.93% | 7.99% | 17.21% | 12.43% | 13.71% | 16.86% | 25.25% | 18.91% | 15.48% | 8.66% | 7.83% | 7.44% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.6K | 0 | 645.7K | 0 | 507.92K | -67.4K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 6.09M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53.56K | 240.26K | 0 | 0 | 0 | 54.3K | 0 | 0 | 0 |
| Cash from Financing | 1.84M | 1M | 169.2M | 97.2M | -70.7M | -4.9M | 80.6M | 131.1M | -91.1M | 175.2M | 127.87M | -700K | -161.4M | 177.4M | -192.5M | 260.4M | 3.6M | 34.1M | 316.78K | -1.37M |
| Debt Issued (Net) | -1.8M | 0 | 88.5M | -70.99K | -70.7M | 0 | 104.8M | 154.4M | -67.2M | 197.7M | 78.12M | -10.3M | -186.4M | 177.4M | -335.66M | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 3.67M | 1M | 80.7M | 97.2M | -7.43K | -200K | -19.5M | 604.7K | -14.18K | 0 | 49.75M | 9.6M | 0 | 0 | 143.16M | 260.4M | 3.6M | 34.1M | 316.78K | -1.37M |
| Dividends Paid | 0 | 0 | 0 | 0 | -174.63K | -4.7M | -4.7M | -23.9M | -23.9M | -23.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -7.43K | -200K | -19.9M | 0 | 0 | 0 | -800K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -26.48K | 0 | 0 | 0 | 182.06K | 0 | 400K | -4.7K | 0 | 1.3M | 0 | 700K | 25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | -22.3M | -133.8M | 151.9M | 135.4M | -77.8M | 108.7M | -124.1M | -7.9M | -88.5M | 180.4M | 8.36M | 10.7M | -174.9M | 140.2M | -168.8M | 248.2M | -20.5M | 12.3M | -30.7M | 36.5M |
| Free Cash Flow | -32.53M | -134.8M | -17.3M | 38.2M | -7.1M | 113.6M | -204.7M | -139M | 2.6M | 5.2M | -119.96M | 10.7M | -23.3M | -37.2M | 35.58M | -12.2M | -24.8M | -21.8M | -29.59M | -11.43M |
| FCF Margin % | -14% | -54.57% | -6.67% | 13.79% | -2.65% | 52.45% | -77.8% | -57.53% | 0.96% | 2.22% | -54.38% | 5.59% | -12.43% | -21.63% | 23.94% | -11.31% | -23.55% | -26.59% | -42.82% | -15.66% |
| FCF Growth % | -358.1% | -218.66% | 91.55% | 127.48% | -373.08% | 2084.62% | -70.65% | -1399.07% | 111.16% | 113.98% | -437.17% | 187.7% | 6.05% | -70.64% | 220.25% | -6.71% | -54.1% | -11.79% | 30.88% | 35.04% |
| FCF per Share | -0.11 | -0.44 | -0.06 | 0.12 | -0.03 | 0.47 | -0.72 | -0.55 | 0.01 | 0.02 | -0.41 | 0.04 | -0.09 | -0.16 | 0.16 | -0.07 | -0.16 | -0.15 | -0.22 | -0.08 |
| FCF Conversion (FCF/Net Income) | 0.09x | -1.66x | -34.80x | 2.34x | 0.18x | -8.21x | -0.56x | 4.99x | 0.50x | 1.66x | -2.89x | 115.00x | 3.00x | 1.11x | -3.43x | -0.15x | 0.05x | 0.29x | 0.52x | 0.18x |
| Interest Paid | 0 | 6M | 94.7M | 6M | 98.3M | 6.1M | 82.7M | 6M | 85M | 6.3M | 99.2M | 21.6M | 67.1M | 29.5M | 0 | 9.9M | 15M | 7.1M | 0 | 0 |
| Taxes Paid | 0 | 6.7M | 8.8M | 13.2M | 20.8M | 16.9M | 15.5M | 9.7M | 17.2M | 12.8M | 9.9M | 10.4M | 7.9M | 10M | 0 | 3.9M | 5M | 1.6M | 0 | 0 |