Nabors Industries Ltd (NBR) financials
Nabors Industries revenue and earnings by year
Nabors Industries's revenue was $3.21 billion in the fiscal year to December 31, 2025, up 8.2% from the year before. Net income was $287 million, 8.9% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 5.4% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.21 | 2.97 | 3.05 | 2.67 | 2.02 | 2.14 | 3.05 | 3.05 | 2.57 | 2.01 |
| Revenue growth | 8.2% | -2.7% | 14.3% | 32.2% | -5.4% | -30.1% | 0.2% | 18.8% | 27.8% | — |
| Gross profit | 1.30 | 1.23 | 1.26 | 1.00 | 0.73 | 0.80 | 1.12 | 1.07 | 0.85 | 0.66 |
| Gross margin | 40.4% | 41.3% | 41.3% | 37.6% | 36.3% | 37.6% | 36.8% | 35.1% | 33.0% | 33.0% |
| Operating income | 0.71 | 0.29 | 0.31 | 0.06 | -0.28 | -0.70 | -0.36 | -0.26 | -0.34 | -0.97 |
| Operating margin | 21.9% | 9.7% | 10.3% | 2.2% | -13.7% | -32.7% | -11.9% | -8.4% | -13.3% | -48.3% |
| Net income | 0.29 | -0.18 | -0.01 | -0.35 | -0.57 | -0.81 | -0.70 | -0.64 | -0.55 | -1.03 |
| Net margin | 8.9% | -5.9% | -0.4% | -13.1% | -28.2% | -37.7% | -23.0% | -21.0% | -21.3% | -51.3% |
| Diluted EPS | $17.39 | -$22.37 | — | -$40.52 | -$76.58 | -$118.73 | -$105.35 | -$98.50 | -$95.00 | -$181.50 |
| Free cash flow | -0.02 | 0.01 | 0.10 | 0.15 | 0.32 | 0.18 | 0.26 | -0.13 | -0.51 | 0.14 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open NBR in Markets.
See also: NBR valuation and P/E history · NBR returns
No forecast, no recommendation. This page describes Nabors Industries Ltd from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.