Borr Drilling Reports Q1 2026 Earnings with Revenue Decline
Borr Drilling (BORR) reported first-quarter earnings for 2026, showing a revenue decline of $12.4 million from the previous quarter due to lower dayrate revenue and fewer operating days. The company's adjusted EBITDA also decreased by $16.7 million primarily because of an $8.4 million credit loss provision.
Tickers: $BORR
Topics: adjusted_ebitda fleet_expansion net_loss new_contracts operating_expenses revenue