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Borr Drilling (BORR) backlog: remaining performance obligations

How much revenue Borr Drilling already has under contract, how fast it converts, and who it is with.

Data as of .

Borr Drilling backlog history

$0$500M$1BDec 2025Jun 2026Backlog (RPO)Trailing 12-month revenue
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter endBacklog (RPO)TTM revenueCoverageCustomer prepayments
30 Jun 2026$886Mn/an/a$34.8M
31 Dec 2025$963M$1.02B0.9 yrs$73.2M

Questions

What is Borr Drilling's backlog?
Borr Drilling reported $886M of remaining performance obligations at 30 Jun 2026.

About these numbers

Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.