vs
Side-by-side financial comparison of Borr Drilling Ltd (BORR) and TOWER SEMICONDUCTOR LTD (TSEM). Click either name above to swap in a different company.
TOWER SEMICONDUCTOR LTD is the larger business by last-quarter revenue ($351.2M vs $267.7M, roughly 1.3× Borr Drilling Ltd). TOWER SEMICONDUCTOR LTD runs the higher net margin — 15.2% vs 13.1%, a 2.1% gap on every dollar of revenue. On growth, Borr Drilling Ltd posted the faster year-over-year revenue change (-1.5% vs -1.7%).
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.
Tower Semiconductor Ltd. is an Israeli company that manufactures integrated circuits using specialty process technologies, including SiGe, BiCMOS, Silicon Photonics, SOI, mixed-signal and RFCMOS, CMOS image sensors, non-imaging sensors, power management (BCD), and non-volatile memory (NVM) as well as MEMS capabilities. Tower Semiconductor also owns 51% of TPSCo, an enterprise with Nuvoton Technology Corporation Japan (NTCJ).
BORR vs TSEM — Head-to-Head
Income Statement — Q2 FY2025 vs Q2 FY2024
| Metric | | |
|---|---|---|
| Revenue | $267.7M | $351.2M |
| Net Profit | $35.1M | $53.4M |
| Gross Margin | — | 24.8% |
| Operating Margin | 36.0% | 15.7% |
| Net Margin | 13.1% | 15.2% |
| Revenue YoY | -1.5% | -1.7% |
| Net Profit YoY | 10.7% | 4.4% |
| EPS (diluted) | $0.14 | $0.48 |
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.
| Q2 25 | $267.7M | — | ||
| Q2 24 | $271.9M | $351.2M | ||
| Q2 23 | $187.5M | $357.2M | ||
| Q2 22 | $105.3M | $426.2M |
| Q2 25 | $35.1M | — | ||
| Q2 24 | $31.7M | $53.4M | ||
| Q2 23 | $800.0K | $51.2M | ||
| Q2 22 | $-165.3M | $58.1M |
| Q2 25 | — | — | ||
| Q2 24 | — | 24.8% | ||
| Q2 23 | — | 24.2% | ||
| Q2 22 | — | 26.4% |
| Q2 25 | 36.0% | — | ||
| Q2 24 | 38.4% | 15.7% | ||
| Q2 23 | 31.9% | 14.1% | ||
| Q2 22 | -116.8% | 16.6% |
| Q2 25 | 13.1% | — | ||
| Q2 24 | 11.7% | 15.2% | ||
| Q2 23 | 0.4% | 14.3% | ||
| Q2 22 | -157.0% | 13.6% |
| Q2 25 | $0.14 | — | ||
| Q2 24 | $0.12 | $0.48 | ||
| Q2 23 | $0.00 | $0.46 | ||
| Q2 22 | $-1.09 | $0.53 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $92.4M | $265.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.0B | $2.5B |
| Total Assets | $3.4B | $3.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 25 | $92.4M | — | ||
| Q2 24 | $195.3M | $265.3M | ||
| Q2 23 | $83.8M | $318.2M | ||
| Q2 22 | $29.7M | $211.2M |
| Q2 25 | — | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | $178.9M | ||
| Q2 22 | $281.8M | $200.7M |
| Q2 25 | $1.0B | — | ||
| Q2 24 | $999.2M | $2.5B | ||
| Q2 23 | $906.2M | $2.0B | ||
| Q2 22 | $711.5M | $1.7B |
| Q2 25 | $3.4B | — | ||
| Q2 24 | $3.2B | $3.0B | ||
| Q2 23 | $3.0B | $2.5B | ||
| Q2 22 | $3.0B | $2.3B |
| Q2 25 | — | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | 0.09× | ||
| Q2 22 | 0.40× | 0.12× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $6.3M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 0.18× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 25 | $6.3M | — | ||
| Q2 24 | $16.0M | — | ||
| Q2 23 | $2.4M | — | ||
| Q2 22 | $-8.5M | — |
| 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
| Transferred Over Time | $256.6M | 96% |
| Transferred At Point In Time | $11.1M | 4% |
TSEM
Segment breakdown not available.
