Borr Drilling Limited - Filing of 2025 Annual Report on Form 20-F

Borr Drilling (NYSE: BORR) filed its 2025 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission on March 26, 2026, covering the year ended December 31, 2025.

Rhea-AI Summary

Borr Drilling (NYSE: BORR) filed its 2025 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission on March 26, 2026, covering the year ended December 31, 2025.

The Annual Report is enclosed with the release, is available on the SEC website, and can be accessed in the Investor section of the company's website.

Argus Mar 27 session

+2.20% close to close Open Argus

Details

News Market Reaction – BORR

On Mar 27, the first trading day after this news, BORR closed 2.20% above the previous close.

Data tracked by StockTitan Argus for the Mar 27 session.

Key Figures

Shares outstanding: 307,215,419 shares Contract backlog: $962.9 million Fleet size: 29 rigs +5 more

Shares outstanding

307,215,419 shares

Common shares outstanding as of Dec 31, 2025 (Form 20-F)

Contract backlog

$962.9 million

Backlog across 24 firm contracts disclosed in Form 20-F

Fleet size

29 rigs

Total rigs after acquiring five units in January 2026

Contracted rigs

22 rigs

Rigs contracted or committed at year-end 2025

Q4 2025 revenue

$259.4 million

Operating revenue for Q4 2025

2025 net income

$45.0 million

Full-year 2025 net income

2025 Adjusted EBITDA

$470.1 million

Full-year 2025 Adjusted EBITDA

Backlog dayrate equivalent

$649 million

Dayrate Equivalent Backlog tied to ~5,000 days and 24 commitments

Historical Context

5 past events · Latest: Mar 25

5 events

1. Mar 25

   AGM notice

   24h Move

   +6.5%

   Announcement of Annual General Meeting date and record date for voting.

2. Mar 23

   JV acquisition

   24h Move

   +3.6%

   Agreement to acquire five premium jack-up rigs via new 50/50 joint venture.

3. Mar 09

   Operational update

   24h Move

   +0.5%

   Update on Arabian Gulf rigs after platform incident; contracts and insurance intact.

4. Feb 18

   Earnings results

   24h Move

   +3.6%

   Q4 2025 results with full-year net income, strong Adjusted EBITDA and backlog.

5. Jan 30

   Earnings call invite

   24h Move

   +0.4%

   Announcement of Q4 2025 earnings release timing and webcast details.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

form 20-f

1 terms

form 20-f regulatory

"today filed its annual report on Form 20-F for the year ended December 31, 2025"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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HAMILTON, Bermuda, March 26, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE and Euronext Growth Oslo: BORR) ("Borr Drilling" or the "Company") today filed its annual report on Form 20-F for the year ended December 31, 2025 (the "Annual Report") with the U.S. Securities and Exchange Commission (the "SEC").

The Annual Report is enclosed with this press release. The Annual Report can also be accessed on the SEC's website (www.sec.gov) and is available on the Investor section of the Company's website (www.borrdrilling.com).

About Borr Drilling
Borr Drilling Limited is an international drilling contractor incorporated in Bermuda in 2016 and listed on the New York Stock Exchange since July 31, 2019 and on Euronext Growth Oslo since December 19, 2025 under the ticker "BORR". The Company owns and operates jack-up rigs of modern and high specification designs and provides services focused on the shallow-water segment to the offshore oil and gas industry worldwide. Please visit our website at www.borrdrilling.com.

CONTACT:

Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/borr-drilling-limited/r/borr-drilling-limited---filing-of-2025-annual-report-on-form-20-f,c4327455

The following files are available for download:

https://mb.cision.com/Public/16983/4327455/bc12d23d1e4cea5a.pdf

Borr Drilling Limited 2025 Annual Report on Form 20-F

View original content:https://www.prnewswire.com/news-releases/borr-drilling-limited--filing-of-2025-annual-report-on-form-20-f-302726776.html

SOURCE Borr Drilling Limited

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When did BORR file its 2025 Annual Report on Form 20-F?

BORR filed its 2025 Annual Report on Form 20-F on March 26, 2026. According to Borr Drilling, the filing covers the fiscal year ended December 31, 2025 and is submitted to the U.S. Securities and Exchange Commission for public access.

Where can investors access BORR's 2025 Form 20-F filing?

Investors can access BORR's 2025 Form 20-F on the SEC website and the company's investor site. According to Borr Drilling, the Annual Report is enclosed with the press release and is available at www.sec.gov and on the Investor section of borrdrilling.com.

What period does BORR's 2025 Annual Report on Form 20-F cover?

The 2025 Annual Report covers the fiscal year ended December 31, 2025. According to Borr Drilling, the Form 20-F relates specifically to that year and was filed with the SEC on March 26, 2026 for investor review.

Is BORR's Form 20-F filing available in the press release for download?

Yes. The Annual Report is enclosed with the March 26, 2026 press release for immediate access. According to Borr Drilling, recipients of the release can find the Form 20-F attached and also view it through SEC and company investor webpages.

Does the BORR Form 20-F filing affect shareholder reporting obligations?

The filing fulfills BORR's SEC reporting obligation for the 2025 fiscal year. According to Borr Drilling, submitting the Form 20-F provides required annual disclosure to U.S. regulators and investors about the year ended December 31, 2025.