NE

EPS: 0.75 Net Inc: 121M
SEC EDGAR Midgard Finance
Company logoMidgard Finance
Company logoMidgard Finance
Company logoMidgard Finance

Income Statement
Company logoMidgard Finance
    2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2021-02-05
Operating Income Loss 225.3142.5650.40135.25187.34170.99115.48209.96107.55157.68200.78109.14107.11164.2451.56137.261.43
Net Income Loss 120.7286.64-21.0942.87108.3096.6561.22195.0195.48149.70158.3265.82108.06134.9633.59123.44250.23
Comprehensive Income Net Of Tax 118.9987.35-21.1743.22108.5097.1361.65195.0695.45151.29158.2665.86105.88136.0432.35129.09250.34

Dimension Breakdowns

us-gaap:Revenues

srt:ProductOrServiceAxis

Leaf Members

Company logoMidgard Finance

Assets
Company logoMidgard Finance

Assets (Current)
Company logoMidgard Finance

Assets (Non-Current)
Company logoMidgard Finance

Liabilities
Company logoMidgard Finance

Liabilities (Current)
Company logoMidgard Finance

Liabilities (Non-Current)
Company logoMidgard Finance
    2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2021-02-05
Assets 7477.727529.777639.327666.977909.967964.778035.145587.135436.155507.445268.925197.405072.395234.862385.512073.441705.95
    2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2021-02-05
Assets Current 1434.761272.281364.461289.061443.201388.861410.69986.87971.071061.751031.45932.62872.181051.79754.63455.65366.41
Cash And Cash Equivalents At Carrying Value 662.65471.40477.95338.19303.75247.30391.86162.85212.47360.79244.79255.36186.19476.21422.49194.14111.97
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 666.60479.96484.52345.45308.73252.28405.09168.49216.98367.75249.58261.98189.37485.71427.08196.72113.99
Accounts Receivable Net Current 595.88589.60678.29761.73756.30796.96752.27637.03590.23548.84638.75516.80563.05468.80274.18200.42189.21
Prepaid Expense And Other Assets Current 117.66132.46149.29131.40324.10288.21184.76119.4095.82112.2797.51106.0984.3172.6941.2745.0332.68
    2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2021-02-05
Property Plant And Equipment Gross 6778.296639.056981.866999.296955.076904.736795.704854.004707.614591.944413.314329.004217.524163.201341.131555.971155.72
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment 1372.621236.221250.091143.051006.62868.91746.26640.18552.51467.60399.00322.44251.48181.90119.4477.28NA
Property Plant And Equipment Net 5405.675402.825731.775856.245948.456035.826049.444213.814155.104124.344014.304006.563966.043981.301221.691478.701155.72
Other Assets Noncurrent 637.28854.66543.09521.67518.31539.87573.44382.10302.61311.23211.82226.58191.73141.3884.8577.2570.42
Deferred Tax Assets Gross NA3197.53NANANA3318.39NANANA2748.83NANANA2121.36NA1952.70NA
Operating Lease Right Of Use Asset NA59.96NANANA78.9983.78NANA24.53NANANA34.55NA17.07NA
Deferred Tax Assets Valuation Allowance NA2890.9516.9015.6017.502964.7418.2018.5018.802512.5719.2019.2019.201985.843.001899.09NA
Deferred Tax Assets Net NA306.58272.20297.50323.90353.65340.90248.80209.50236.26166.20181.60151.30135.5261.8053.61NA
Deferred Tax Assets Other NA151.84NANANA138.79NANANANANANANANANANANA
    2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2021-02-05
Liabilities Current 719.41759.73779.27715.97919.96940.36900.47637.00603.38641.68515.83514.15462.98667.10268.82248.39185.41
Accounts Payable Current 307.60298.75304.98341.33306.97397.62405.91340.16365.98395.17281.27310.72265.58290.69144.50120.3981.95
Taxes Payable Current 81.6783.2673.0888.2083.1578.90109.0256.1366.7556.4266.1557.3456.2956.9926.5328.7334.21
Other Liabilities Current 205.17260.14226.94150.83360.40310.89190.16161.6486.0182.0857.0658.7766.0574.0157.1241.1433.63
Contract With Customer Liability Current 53.9164.4047.0553.1260.5861.5148.1542.9524.4619.6819.1626.1637.2840.2128.0018.40NA
Lessee Operating Lease Liability Payments Due Next Twelve Months NA16.85NANANA17.85NANANA11.85NANANA13.01NANANA
Employee Related Liabilities Current 51.8081.7598.7899.5993.69116.88119.6768.1861.8797.3188.9577.0555.8476.1936.4048.3535.62
Operating Lease Liability Current NA13.90NANANA14.8416.38NANA10.58NANANA23.83NA3.92NA
    2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2021-02-05
Long Term Debt Noncurrent 1917.271975.791976.921978.031978.771980.191981.24622.05586.62586.20585.79585.39505.65513.05434.37216.00393.50
Deferred Income Tax Liabilities Net 5.545.405.485.465.229.208.917.7710.2811.429.179.819.439.347.4113.2021.52
Other Liabilities Noncurrent 247.84240.00343.53339.19347.19375.05436.18333.07295.11296.04261.81288.84268.83256.41126.3595.2386.74
Operating Lease Liability Noncurrent NA51.95NANANA65.9869.63NANA15.08NANANA23.85NA13.17NA
Operating Lease Liability NA65.86NANANA80.83NANANA25.66NANANA33.89NANANA
Lessee Operating Lease Liability Payments Due NA90.33NANANA110.53NANANA31.18NANANA41.17NANANA
Lessee Operating Lease Liability Payments Due Year Two NA14.61NANANA16.72NANANA6.75NANANA11.25NANANA
Lessee Operating Lease Liability Payments Due Year Three NA10.28NANANA14.63NANANA4.75NANANA6.23NANANA
Lessee Operating Lease Liability Payments Due Year Four NA6.27NANANA10.90NANANA1.77NANANA4.44NANANA
Lessee Operating Lease Liability Payments Due Year Five NA3.77NANANA7.40NANANA1.60NANANA1.47NANANA
Lessee Operating Lease Liability Payments Due After Year Five NA38.55NANANA43.02NANANA4.46NANANA4.78NANANA
Unrecognized Tax Benefits NA70.73NANANA114.77NANANA134.930.100.100.10132.980.100.3037.16
Deferred Income Tax Liabilities NA14.03NANANA14.49NANANA29.44NANANA46.09NA21.40NA
Deferred Tax Liabilities NANA5.505.505.20NA8.907.8010.30NA9.209.809.40NA7.60NANA
Deferred Tax Liabilities Other NA14.03NANANA14.49NANANANANANANANANANANA
Lessee Operating Lease Liability Undiscounted Excess Amount NA24.47NANANA29.71NANANA5.52NANANA7.29NANANA
    2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2021-02-05
Stockholders Equity 4587.664548.854534.114628.334657.914651.394684.953985.003913.023921.243833.003719.423704.313607.091548.561500.631018.77
Common Stock Value 0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Additional Paid In Capital Common Stock 4259.484257.064249.594242.344234.194236.174236.413338.033331.163377.053367.113358.113348.853347.511410.021393.261018.77
Retained Earnings Accumulated Deficit 324.76286.63280.08381.47419.55411.24445.05643.92578.86541.16464.45359.81353.99255.93135.97101.98NA
Accumulated Other Comprehensive Income Loss Net Of Tax 3.425.164.444.514.173.973.483.053.003.031.441.501.463.652.575.39NA
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value 9.527.427.518.527.057.8421.636.797.549.629.209.209.6514.357.074.780.71

Cash Flow
Company logoMidgard Finance

Cash Flow Financing
Company logoMidgard Finance
    2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2021-02-05
Net Cash Provided By Used In Operating Activities 273.29187.12277.14216.36271.06136.21283.78106.79128.69287.49138.77211.16-63.08171.1873.5127.59-45.45
Net Cash Provided By Used In Investing Activities 102.55-106.39-51.95-93.58-98.14-145.22-513.99-133.20-166.61-98.38-98.60-106.80-62.73469.25-29.71239.42-14.44
Net Cash Provided By Used In Financing Activities -189.20-85.29-86.12-86.06-116.46-143.81466.81-22.08-112.84-70.94-52.57-31.75-170.52-581.80218.52-189.92-191.16
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect 186.64-4.56139.0636.7256.45-152.81236.61-48.49-150.76118.17-12.4072.61-296.3358.63262.3177.09-251.05
    2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2021-02-05
Net Cash Provided By Used In Operating Activities 273.29187.12277.14216.36271.06136.21283.78106.79128.69287.49138.77211.16-63.08171.1873.5127.59-45.45
Net Income Loss 120.7286.64-21.0942.87108.3096.6561.22195.0195.48149.70158.3265.82108.06134.9633.59123.44250.23
Increase Decrease In Other Operating Capital Net -46.56195.73-200.948.43-14.99129.52-116.2898.404.39-116.85109.03-110.89166.41-45.04-6.48-55.7326.18
Increase Decrease In Accounts Receivable 6.28-88.69-83.445.42-40.6644.69-77.9646.8141.38-89.90121.95-46.2694.25-55.6215.39-27.2341.34
Increase Decrease In Accounts Payable 10.07-12.34-36.9035.31-66.57-14.30-0.71-37.3419.9260.48-19.4836.07-17.323.95-2.747.86-16.82
Deferred Income Tax Expense Benefit 46.34114.86-117.5826.6320.5017.50-13.11-41.76-5.28-55.6514.73-29.94-27.24-3.55-6.35-25.092.50
Share Based Compensation 9.527.427.518.527.057.8421.636.797.549.629.209.209.6514.347.074.890.71
    2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2021-02-05
Net Cash Provided By Used In Investing Activities 102.55-106.39-51.95-93.58-98.14-145.22-513.99-133.20-166.61-98.38-98.60-106.80-62.73469.25-29.71239.42-14.44
    2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2021-02-05
Net Cash Provided By Used In Financing Activities -189.20-85.29-86.12-86.06-116.46-143.81466.81-22.08-112.84-70.94-52.57-31.75-170.52-581.80218.52-189.92-191.16
Payments Of Dividends 83.6979.9379.5279.5281.4179.6881.5757.1659.4256.44NANANANANANANA
Dividends Common Stock NANA80.3080.9580.0080.4710.08129.9557.7858.17NANANANANANANA
Dividends Common Stock Cash 82.60NANANA80.00NANANANANANANANANANANANA
Payments For Repurchase Of Common Stock NA0.000.000.0020.0049.99NANANA14.8310.0060.0010.00NANANANA
    2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2021-02-05
Subsidiaries 608.52589.34554.18571.53639.55685.18NANANANANANANANANANANA
Floaters 620.56559.77630.15684.32693.45732.11605.33517.75494.47490.77549.13493.98476.23435.99217.92132.6550.06
Jackups 122.00145.52127.25127.76138.98149.98158.22142.96117.96118.47121.87112.2099.06149.8671.5759.8023.99
Oil And Gas Service 742.55705.30757.40812.08832.43882.09763.54660.71612.42609.24671.00606.18575.29585.85289.49192.4574.05
Service Other 43.1459.1240.6136.5842.0645.2537.0132.1324.6633.7426.4532.3534.7636.7416.3815.733.43
Subsidiaries 608.52589.34554.18571.53639.55685.18NANANANANANANANANANANA
Floaters 620.56559.77630.15684.32693.45732.11605.33517.75494.47490.77549.13493.98476.23435.99217.92132.6550.06
Jackups 122.00145.52127.25127.76138.98149.98158.22142.96117.96118.47121.87112.2099.06149.8671.5759.8023.99
Oil And Gas Service 742.55705.30757.40812.08832.43882.09763.54660.71612.42609.24671.00606.18575.29585.85289.49192.4574.05
Service Other 43.1459.1240.6136.5842.0645.2537.0132.1324.6633.7426.4532.3534.7636.7416.3815.733.43

Dimension Breakdowns

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax

srt:ProductOrServiceAxis

Leaf Members

Company logoMidgard Finance
    2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2021-02-05
Common Stock Value 0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Weighted Average Number Of Diluted Shares Outstanding 161.58NA158.83161.53161.94NA152.94146.06145.23NA145.72146.99145.99NA81.93NA256.57
Weighted Average Number Of Shares Outstanding Basic 159.22NA158.83158.80159.01NA149.73142.85141.95NA139.40138.06134.75NA70.32NA251.12
Earnings Per Share Basic 0.760.54-0.130.270.680.580.411.370.671.061.140.480.801.500.481.961.00
Earnings Per Share Diluted 0.750.55-0.130.270.670.590.401.340.661.031.090.450.741.310.411.860.98
Incremental Common Shares Attributable To Share Based Payment Arrangements 1.12-1.46-0.09NA2.13-0.36NANA1.57-0.05NANA3.27-0.05NANA5.46
Operating Lease Weighted Average Discount Rate Percent NA0.00NANANA0.00NANANA0.00NANANA0.00NA0.00NA

Dimension Breakdowns

us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount

us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis

Leaf Members

Company logoMidgard Finance