Borr Drilling annual operating margin
2017
2018
2019
2020
2021
2022
2023
2024
2025
Borr Drilling Operating Margin Growth & History (BORR)
Borr Drilling's operating margin was 31.55% for fiscal 2025.
View full Borr Drilling company overviewBorr Drilling annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 31.55% | −5.47 pp |
| 2024 | 2024-12-31 | 37.03% | +4.58 pp |
| 2023 | 2023-12-31 | 32.45% | +55.41 pp |
| 2022 | 2022-12-31 | −22.96% | +13.04 pp |
| 2021 | 2021-12-31 | −36.00% | +25.14 pp |
| 2020 | 2020-12-31 | −61.14% | −16.00 pp |
| 2019 | 2019-12-31 | −45.14% | +34.55 pp |
| 2018 | 2018-12-31 | −79.68% | +109620.32 pp |
| 2017 | 2017-12-31 | −109,700.00% | — |
Borr Drilling quarterly operating margin
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 margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.13% | −35.92 pp |
| Q1 2026 | 2026-03-31 | 18.62% | −8.99 pp |
| Q4 2025 | 2025-12-31 | 25.94% | — |
| Q3 2025 | 2025-09-30 | 35.44% | — |
| Q2 2025 | 2025-06-30 | 36.05% | −2.39 pp |
| Q1 2025 | 2025-03-31 | 27.61% | — |
| Q2 2024 | 2024-06-30 | 38.43% | +6.49 pp |
| Q2 2023 | 2023-06-30 | 31.95% | +148.76 pp |
| Q2 2022 | 2022-06-30 | −116.81% | −69.36 pp |
| Q2 2021 | 2021-06-30 | −47.45% | +61.13 pp |
| Q2 2020 | 2020-06-30 | −108.57% | — |
Borr Drilling operating margin trends
Over the last five fiscal years, Borr Drilling's operating margin increased from −61.14% to 31.55%, a change of +92.69 percentage points. The latest reported quarter, Q2 2026, shows 0.13%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Borr Drilling source filings ↗Community posts
Borr Drilling extends rig contracts and starts Odin operations
Borr Drilling ($BORR) reported that Odin had begun earning its day rate offshore Texas and announced additional work for two other rigs. Idun secured a three-well program in Vietnam expected to last approximately 130 days, beginning in the ...
