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Side-by-side financial comparison of Borr Drilling Ltd (BORR) and UNIVERSAL TECHNICAL INSTITUTE INC (UTI). Click either name above to swap in a different company.
Borr Drilling Ltd is the larger business by last-quarter revenue ($267.7M vs $220.8M, roughly 1.2× UNIVERSAL TECHNICAL INSTITUTE INC). Borr Drilling Ltd runs the higher net margin — 13.1% vs 5.8%, a 7.3% gap on every dollar of revenue. On growth, UNIVERSAL TECHNICAL INSTITUTE INC posted the faster year-over-year revenue change (9.6% vs -1.5%).
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.
Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.
BORR vs UTI — Head-to-Head
Income Statement — Q2 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $267.7M | $220.8M |
| Net Profit | $35.1M | $12.8M |
| Gross Margin | — | — |
| Operating Margin | 36.0% | 7.1% |
| Net Margin | 13.1% | 5.8% |
| Revenue YoY | -1.5% | 9.6% |
| Net Profit YoY | 10.7% | -42.1% |
| EPS (diluted) | $0.14 | $0.23 |
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.
| Q4 25 | — | $220.8M | ||
| Q3 25 | — | $222.4M | ||
| Q2 25 | $267.7M | $204.3M | ||
| Q1 25 | — | $207.4M | ||
| Q4 24 | — | $201.4M | ||
| Q3 24 | — | $196.4M | ||
| Q2 24 | $271.9M | $177.5M | ||
| Q1 24 | — | $184.2M |
| Q4 25 | — | $12.8M | ||
| Q3 25 | — | $18.8M | ||
| Q2 25 | $35.1M | $10.7M | ||
| Q1 25 | — | $11.4M | ||
| Q4 24 | — | $22.2M | ||
| Q3 24 | — | $18.8M | ||
| Q2 24 | $31.7M | $5.0M | ||
| Q1 24 | — | $7.8M |
| Q4 25 | — | 7.1% | ||
| Q3 25 | — | 11.2% | ||
| Q2 25 | 36.0% | 6.9% | ||
| Q1 25 | — | 8.1% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 13.3% | ||
| Q2 24 | 38.4% | 4.2% | ||
| Q1 24 | — | 6.1% |
| Q4 25 | — | 5.8% | ||
| Q3 25 | — | 8.4% | ||
| Q2 25 | 13.1% | 5.2% | ||
| Q1 25 | — | 5.5% | ||
| Q4 24 | — | 11.0% | ||
| Q3 24 | — | 9.6% | ||
| Q2 24 | 11.7% | 2.8% | ||
| Q1 24 | — | 4.2% |
| Q4 25 | — | $0.23 | ||
| Q3 25 | — | $0.33 | ||
| Q2 25 | $0.14 | $0.19 | ||
| Q1 25 | — | $0.21 | ||
| Q4 24 | — | $0.40 | ||
| Q3 24 | — | $0.35 | ||
| Q2 24 | $0.12 | $0.09 | ||
| Q1 24 | — | $0.14 |
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 | $162.8M |
| Total DebtLower is stronger | — | $101.4M |
| Stockholders' EquityBook value | $1.0B | $335.9M |
| Total Assets | $3.4B | $834.0M |
| Debt / EquityLower = less leverage | — | 0.30× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $162.8M | ||
| Q3 25 | — | $169.1M | ||
| Q2 25 | $92.4M | $70.7M | ||
| Q1 25 | — | $96.0M | ||
| Q4 24 | — | $172.0M | ||
| Q3 24 | — | $161.9M | ||
| Q2 24 | $195.3M | $115.5M | ||
| Q1 24 | — | $116.1M |
| Q4 25 | — | $101.4M | ||
| Q3 25 | — | $87.1M | ||
| Q2 25 | — | $73.8M | ||
| Q1 25 | — | $94.4M | ||
| Q4 24 | — | $120.1M | ||
| Q3 24 | — | $125.7M | ||
| Q2 24 | — | $137.3M | ||
| Q1 24 | — | $141.9M |
| Q4 25 | — | $335.9M | ||
| Q3 25 | — | $328.1M | ||
| Q2 25 | $1.0B | $306.8M | ||
| Q1 25 | — | $293.9M | ||
| Q4 24 | — | $280.0M | ||
| Q3 24 | — | $260.2M | ||
| Q2 24 | $999.2M | $239.4M | ||
| Q1 24 | — | $232.6M |
| Q4 25 | — | $834.0M | ||
| Q3 25 | — | $826.1M | ||
| Q2 25 | $3.4B | $740.8M | ||
| Q1 25 | — | $720.4M | ||
| Q4 24 | — | $753.8M | ||
| Q3 24 | — | $744.6M | ||
| Q2 24 | $3.2B | $706.0M | ||
| Q1 24 | — | $702.1M |
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | — | 0.48× | ||
| Q2 24 | — | 0.57× | ||
| Q1 24 | — | 0.61× |
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 | $3.1M |
| Free Cash FlowOCF − Capex | — | $-19.2M |
| FCF MarginFCF / Revenue | — | -8.7% |
| Capex IntensityCapex / Revenue | — | 10.1% |
| Cash ConversionOCF / Net Profit | 0.18× | 0.24× |
| TTM Free Cash FlowTrailing 4 quarters | — | $16.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $3.1M | ||
| Q3 25 | — | $57.1M | ||
| Q2 25 | $6.3M | $18.1M | ||
| Q1 25 | — | $-789.0K | ||
| Q4 24 | — | $23.0M | ||
| Q3 24 | — | $67.5M | ||
| Q2 24 | $16.0M | $10.0M | ||
| Q1 24 | — | $-2.5M |
| Q4 25 | — | $-19.2M | ||
| Q3 25 | — | $40.6M | ||
| Q2 25 | — | $6.8M | ||
| Q1 25 | — | $-11.7M | ||
| Q4 24 | — | $19.6M | ||
| Q3 24 | — | $60.0M | ||
| Q2 24 | — | $3.0M | ||
| Q1 24 | — | $-8.4M |
| Q4 25 | — | -8.7% | ||
| Q3 25 | — | 18.3% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | -5.7% | ||
| Q4 24 | — | 9.7% | ||
| Q3 24 | — | 30.6% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | — | -4.6% |
| Q4 25 | — | 10.1% | ||
| Q3 25 | — | 7.4% | ||
| Q2 25 | — | 5.5% | ||
| Q1 25 | — | 5.3% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 3.8% | ||
| Q2 24 | — | 4.0% | ||
| Q1 24 | — | 3.2% |
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 3.04× | ||
| Q2 25 | 0.18× | 1.69× | ||
| Q1 25 | — | -0.07× | ||
| Q4 24 | — | 1.04× | ||
| Q3 24 | — | 3.58× | ||
| Q2 24 | 0.50× | 2.01× | ||
| Q1 24 | — | -0.32× |
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% |
UTI
| UTI | $142.8M | 65% |
| Concorde | $78.0M | 35% |
