Borr Drilling annual operating expenses
2017
2018
2019
2020
2021
2022
2023
2024
2025
Borr Drilling Operating Expenses Growth & History (BORR)
Borr Drilling's operating expenses was $699.0M for fiscal 2025.
View full Borr Drilling company overviewBorr Drilling annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $699.0M | $62.2M | +9.77% |
| 2024 | 2024-12-31 | $636.8M | $115.0M | +22.04% |
| 2023 | 2023-12-31 | $521.8M | −$28.1M | −5.11% |
| 2022 | 2022-12-31 | $549.9M | $215.1M | +64.25% |
| 2021 | 2021-12-31 | $334.8M | −$179.7M | −34.93% |
| 2020 | 2020-12-31 | $514.5M | $23.2M | +4.72% |
| 2019 | 2019-12-31 | $491.3M | $138.1M | +39.10% |
| 2018 | 2018-12-31 | $353.2M | $243.4M | +221.68% |
| 2017 | 2017-12-31 | $109.8M | — | — |
Borr Drilling quarterly operating expenses
Q2.20
Q2.21
Q2.22
Q2.23
Q2.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $232.1M | $60.9M | +35.57% |
| Q1 2026 | 2026-03-31 | $158.5M | $37.6M | +31.10% |
| Q4 2025 | 2025-12-31 | $154.3M | — | — |
| Q3 2025 | 2025-09-30 | $141.3M | — | — |
| Q2 2025 | 2025-06-30 | $171.2M | $3.6M | +2.15% |
| Q1 2025 | 2025-03-31 | $120.9M | — | — |
| Q2 2024 | 2024-06-30 | $167.6M | $39.8M | +31.14% |
| Q2 2023 | 2023-06-30 | $127.8M | −$101.2M | −44.19% |
| Q2 2022 | 2022-06-30 | $229.0M | $147.4M | +180.64% |
| Q2 2021 | 2021-06-30 | $81.6M | −$106.4M | −56.60% |
| Q2 2020 | 2020-06-30 | $188.0M | — | — |
Borr Drilling operating expenses trends
Over the last five fiscal years, Borr Drilling's operating expenses increased from $514.5M to $699.0M, a change of $184.5M. The latest reported quarter, Q2 2026, shows $232.1M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Borr Drilling source filings ↗