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Side-by-side financial comparison of Borr Drilling Ltd (BORR) and Kyivstar Group Ltd. (KYIV). Click either name above to swap in a different company.

Kyivstar Group Ltd. is the larger business by last-quarter revenue ($321.0M vs $267.7M, roughly 1.2× Borr Drilling Ltd). Kyivstar Group Ltd. runs the higher net margin — 28.0% vs 13.1%, a 14.9% gap on every dollar of revenue.

Borr Drilling Ltd is a global offshore drilling contractor owning and operating a modern fleet of high-spec jack-up rigs. It offers drilling services to oil and gas exploration and production firms, with main operations across the North Sea, Southeast Asia, Middle East, and West Africa for shallow-water and marginal field projects.

Kyivstar is a Ukrainian telecommunications operator offering fixed and mobile voice and data services, including 4G LTE, throughout Ukraine. The Kyivstar mobile network covers all cities of Ukraine, as well as more than 28,000 rural settlements, all major national and regional routes, most sea, and river coasts. As of 2024, Kyivstar served approximately 24 million mobile subscribers and over 1 million fixed-broadband customers. In 2024, Kyivstar partnered with Starlink to offer satellite-base...

BORR vs KYIV — Head-to-Head

Bigger by revenue
KYIV
KYIV
1.2× larger
KYIV
$321.0M
$267.7M
BORR
Higher net margin
KYIV
KYIV
14.9% more per $
KYIV
28.0%
13.1%
BORR

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BORR
BORR
KYIV
KYIV
Revenue
$267.7M
$321.0M
Net Profit
$35.1M
$90.0M
Gross Margin
Operating Margin
36.0%
35.5%
Net Margin
13.1%
28.0%
Revenue YoY
-1.5%
Net Profit YoY
10.7%
EPS (diluted)
$0.14
$0.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BORR
BORR
KYIV
KYIV
Q4 25
$321.0M
Q3 25
$297.0M
Q2 25
$267.7M
Q2 24
$271.9M
Q2 23
$187.5M
Q2 22
$105.3M
Net Profit
BORR
BORR
KYIV
KYIV
Q4 25
$90.0M
Q3 25
$-89.0M
Q2 25
$35.1M
Q2 24
$31.7M
Q2 23
$800.0K
Q2 22
$-165.3M
Gross Margin
BORR
BORR
KYIV
KYIV
Q4 25
Q3 25
45.5%
Q2 25
Q2 24
Q2 23
Q2 22
Operating Margin
BORR
BORR
KYIV
KYIV
Q4 25
35.5%
Q3 25
-16.2%
Q2 25
36.0%
Q2 24
38.4%
Q2 23
31.9%
Q2 22
-116.8%
Net Margin
BORR
BORR
KYIV
KYIV
Q4 25
28.0%
Q3 25
-30.0%
Q2 25
13.1%
Q2 24
11.7%
Q2 23
0.4%
Q2 22
-157.0%
EPS (diluted)
BORR
BORR
KYIV
KYIV
Q4 25
$0.41
Q3 25
$-0.41
Q2 25
$0.14
Q2 24
$0.12
Q2 23
$0.00
Q2 22
$-1.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BORR
BORR
KYIV
KYIV
Cash + ST InvestmentsLiquidity on hand
$92.4M
$455.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.0B
$1.3B
Total Assets
$3.4B
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BORR
BORR
KYIV
KYIV
Q4 25
$455.0M
Q3 25
$472.0M
Q2 25
$92.4M
Q2 24
$195.3M
Q2 23
$83.8M
Q2 22
$29.7M
Total Debt
BORR
BORR
KYIV
KYIV
Q4 25
Q3 25
Q2 25
Q2 24
Q2 23
Q2 22
$281.8M
Stockholders' Equity
BORR
BORR
KYIV
KYIV
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$1.0B
Q2 24
$999.2M
Q2 23
$906.2M
Q2 22
$711.5M
Total Assets
BORR
BORR
KYIV
KYIV
Q4 25
$2.1B
Q3 25
$2.0B
Q2 25
$3.4B
Q2 24
$3.2B
Q2 23
$3.0B
Q2 22
$3.0B
Debt / Equity
BORR
BORR
KYIV
KYIV
Q4 25
Q3 25
Q2 25
Q2 24
Q2 23
Q2 22
0.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BORR
BORR
KYIV
KYIV
Operating Cash FlowLast quarter
$6.3M
$558.0M
Free Cash FlowOCF − Capex
$311.0M
FCF MarginFCF / Revenue
96.9%
Capex IntensityCapex / Revenue
76.9%
Cash ConversionOCF / Net Profit
0.18×
6.20×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BORR
BORR
KYIV
KYIV
Q4 25
$558.0M
Q3 25
$406.0M
Q2 25
$6.3M
Q2 24
$16.0M
Q2 23
$2.4M
Q2 22
$-8.5M
Free Cash Flow
BORR
BORR
KYIV
KYIV
Q4 25
$311.0M
Q3 25
$250.0M
Q2 25
Q2 24
Q2 23
Q2 22
FCF Margin
BORR
BORR
KYIV
KYIV
Q4 25
96.9%
Q3 25
84.2%
Q2 25
Q2 24
Q2 23
Q2 22
Capex Intensity
BORR
BORR
KYIV
KYIV
Q4 25
76.9%
Q3 25
52.5%
Q2 25
Q2 24
Q2 23
Q2 22
Cash Conversion
BORR
BORR
KYIV
KYIV
Q4 25
6.20×
Q3 25
Q2 25
0.18×
Q2 24
0.50×
Q2 23
3.00×
Q2 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BORR
BORR

Transferred Over Time$256.6M96%
Transferred At Point In Time$11.1M4%

KYIV
KYIV

Segment breakdown not available.

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