Nabors Industries LTD (NBR) Financial Statements
Industry: Drilling Oil & Gas Wells
In fiscal 2025, Nabors Industries reported revenue of $3.18B, up 8.7% from $2.93B the year before. Net income was $286.6M (a 9.0% net margin), or $17.39 per diluted share. Gross margin was 16.0% and operating margin was 14.8%. Operating activities generated $693.3M of cash, leaving -$22.7M of free cash flow. At fiscal year end, Nabors Industries held $4.79B in total assets against $3.35B in total liabilities, including $940.7M of cash and equivalents.
Open the full interactive Nabors Industries financials → Quarterly statements, key ratios, valuation history and price charts.
Nabors Industries Key Stats
| Share Price | $80.39 |
|---|---|
| Market Cap | $1.15B |
| P/E Ratio | 4.6 |
| Revenue YoY Growth | +8.7% |
| 52-Week Range | $39.46 – $110.63 |
| Shares Outstanding | 14.3 million (basic, 2026 Q2) |
Nabors Industries Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.13B | $2.02B | $2.65B | $3.01B | $2.93B | $3.18B |
| Cost of Goods Sold | $1.33B | $1.29B | $1.67B | $1.79B | $3.00B | $2.67B |
| Gross Profit | $801.0M | $730.7M | $987.8M | $1.22B | -$69.8M | $509.9M |
| Operating Income | -$171.5M | -$80.8M | $194.4M | $433.7M | $247.9M | $471.1M |
| Pre-Tax Income | -$705.6M | -$488.1M | -$245.7M | $129.1M | -$31.0M | $537.5M |
| Income Tax | $57.3M | $55.6M | $61.5M | $79.2M | $56.9M | $163.1M |
| Net Income | -$805.6M | -$569.3M | -$350.3M | -$11.8M | -$176.1M | $286.6M |
| Diluted EPS | -$118.69 | -$76.58 | -$40.52 | -$5.49 | -$22.37 | $17.39 |
Nabors Industries Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $818.2M | $797.5M | $783.5M | $814.8M |
| Net Income | $274.2M | $10.3M | -$15.2M | -$22.3M |
| Diluted EPS | $16.85 | $0.72 | -$1.54 | -$2.04 |
Nabors Industries Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $472.2M | $991.5M | $451.0M | $1.06B | $389.7M | $940.7M |
| Current Assets | $1.13B | $1.52B | $1.00B | $1.65B | $999.5M | $1.55B |
| Total Assets | $5.50B | $5.53B | $4.73B | $5.28B | $4.50B | $4.79B |
| Current Liabilities | $515.5M | $525.2M | $596.4M | $1.21B | $571.9M | $993.0M |
| Total Long-Term Debt | $2.99B | $3.26B | $2.54B | $3.14B | $2.51B | $2.49B |
| Total Liabilities | $3.80B | $4.13B | $3.51B | $4.00B | $3.30B | $3.35B |
| Shareholders' Equity | $1.15B | $590.7M | $369.0M | $326.6M | $135.0M | $590.7M |
Nabors Industries Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $349.8M | $428.8M | $501.1M | $637.9M | $581.4M | $693.3M |
| Cash From Investing | -$165.5M | -$117.2M | -$368.7M | -$570.4M | -$555.5M | $97.1M |
| Cash From Financing | -$148.0M | $488.4M | -$661.5M | $592.6M | -$662.0M | -$566.8M |
| Free Cash Flow | $154.2M | $194.7M | $127.6M | $97.0M | $13.5M | -$22.7M |
| Dividends Paid | — | — | $65,000 | $194,000 | $87,000 | — |
Figures from Nabors Industries' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Nabors Industries financials page for every line item.
Nabors Industries Company Profile
| Ticker | NBR |
|---|---|
| Exchange | NYSE |
| Industry | Drilling Oil & Gas Wells |
| Headquarters | Hamilton, Hm08, Bermuda |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001163739 |
Frequently Asked Questions
What was Nabors Industries' revenue in fiscal 2025?
Nabors Industries (NBR) reported revenue of $3.18B for fiscal 2025.
What is Nabors Industries' annual revenue history?
Nabors Industries' annual revenue by fiscal year: 2020: $2.13B; 2021: $2.02B; 2022: $2.65B; 2023: $3.01B; 2024: $2.93B; 2025: $3.18B.
What was Nabors Industries' net income in fiscal 2025?
Nabors Industries reported net income of $286.6M for fiscal 2025.
What was Nabors Industries' earnings per share (EPS) in fiscal 2025?
Nabors Industries' diluted EPS was $17.39 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Nabors Industries generate in fiscal 2025?
Nabors Industries generated -$22.7M of free cash flow in fiscal 2025.
What was Nabors Industries' revenue last quarter?
In its most recent reported quarter (2026 Q2), Nabors Industries reported revenue of $814.8M.
How much debt does Nabors Industries have?
Nabors Industries reported $2.49B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Nabors Industries are outstanding?
Nabors Industries reported a weighted average of 14.3 million basic shares outstanding in 2026 Q2.
What is Nabors Industries' market cap?
Based on its latest closing price, Nabors Industries (NBR) has a market capitalization of about $1.15B.
When does Nabors Industries' fiscal year end?
Nabors Industries' fiscal year end, as registered with the SEC, is December 31.
Where is Nabors Industries headquartered?
Nabors Industries lists its business address in Hamilton, Hm08, Bermuda in its SEC filings.