Borr Drilling Sees Q1 Revenue of $252.4M, $0.03 Loss; 2026 Outlook Raised
Borr Drilling is set to report Q1 2026 results May 20 with revenue pegged at $252.4 million and a per-share loss of $0.03. Analysts have lifted 2026 revenue forecasts to $1.06 billion but cut EPS estimates from a $0.09 to a $0.11 loss, following a Q4 revenue beat of 8%.
1. Q1 2026 Earnings Preview
Borr Drilling will report Q1 2026 earnings on May 20 with analysts projecting revenue of $252.39 million and an EPS loss of $0.03, reflecting market expectation for another quarter of negative profit.
2. Estimate Revisions
Over the past 90 days, full-year 2026 revenue forecasts for Borr Drilling have increased to $1.06 billion from $1.03 billion, while EPS estimates were cut from a $0.09 to a $0.11 per-share loss; looking ahead to 2027, revenue estimates rose to $1.28 billion with EPS projections unchanged at $0.41.
3. Q4 2025 Performance
In Q4 2025, Borr Drilling posted revenue of $259.4 million, surpassing analyst estimates by 8.02%, and delivered breakeven EPS versus a $0.02 loss forecast, triggering a 6.45% one-day stock increase.
4. Price Targets and Consensus Ratings
Analysts' one-year price targets average $6.01, ranging from $5.00 to $6.80, implying a 9% downside to the current $6.61 share price, while a fair value estimate of $7.02 suggests a 6.2% upside; the consensus brokerage rating remains an ‘Outperform.’