BORR Q2 2024 Earnings — Borr Drilling Limited Revenue & Financial Results | Market Cap Arena

BORRBorr Drilling Limited

$1B

Q2 2024 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$272M+45.0% YoY

Gross Profit

$240M88.3% margin

Operating Income

$105M38.4% margin

Net Income

$32M11.7% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+16.2%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$3M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$2.2B

Stockholders' Equity

$999M

Cash & Equivalents

$194M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$272M	$188M	+45.0%
Gross Profit	$240M	$160M	+50.5%
Operating Income	$105M	$60M	+74.5%
Net Income	$32M	$800,000	+3862.5%