NABORS INDUSTRIES LTDNBREarnings & Financial Report
Nabors Industries Limited is an American global oil and gas drilling contractor based in Houston, Texas. Nabors owns the world’s second largest land drilling rig fleet, with over 250 rigs operating in 20 countries.
NBR Q1 FY2026 Key Financial Metrics
Revenue
$783.5M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$4.3M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
0.5%
YoY Growth
-1.8%
EPS
$2.18
NABORS INDUSTRIES LTD Q1 FY2026 Financial Summary
NABORS INDUSTRIES LTD reported revenue of $783.5M (down 1.8% YoY) for Q1 FY2026, with a net profit of $4.3M (down 74.9% YoY) (0.5% margin).
Key Financial Metrics
| Total Revenue | $783.5M |
|---|---|
| Net Profit | $4.3M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q1 FY2026 |
Revenue Breakdown
NABORS INDUSTRIES LTD Q1 FY2026 revenue of $783.5M breaks down across 4 segments, led by International Drilling at $419.5M (53.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| International Drilling | $419.5M | 53.5% |
| U.S. Drilling | $241.1M | 30.8% |
| Drilling Solutions | $106.2M | 13.6% |
| Rig Technologies (1) | $27.2M | 3.5% |
NABORS INDUSTRIES LTD Revenue by Segment — Quarterly Trend
NABORS INDUSTRIES LTD revenue by segment across the last 4 reported quarters, showing how each business line (such as International Drilling and U.S. Drilling) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| International Drilling | $419.5M | — | — | — |
| U.S. Drilling | $241.1M | — | — | — |
| Drilling Solutions | $106.2M | $107.9M | — | — |
| Rig Technologies (1) | $27.2M | — | — | — |
NABORS INDUSTRIES LTD Annual Revenue by Year
NABORS INDUSTRIES LTD annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.2B).
NABORS INDUSTRIES LTD Quarterly Revenue & Net Profit History
NABORS INDUSTRIES LTD results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $783.5M | -1.8% | $4.3M | 0.5% |
| Q4 FY2025 | $797.5M | +9.3% | $10.3M | 1.3% |
| Q3 FY2025 | $818.2M | +11.8% | $274.2M | 33.5% |
| Q2 FY2025 | $832.8M | +13.3% | $-30.9M | -3.7% |
| Q1 FY2025 | $736.2M | +0.3% | $33.0M | 4.5% |
| Q4 FY2024 | $729.8M | +0.6% | $-53.7M | -7.4% |
| Q3 FY2024 | $731.8M | -0.3% | $-55.8M | -7.6% |
| Q2 FY2024 | $734.8M | -4.2% | $-32.3M | -4.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $734.8M | $731.8M | $729.8M | $736.2M | $832.8M | $818.2M | $797.5M | $783.5M |
| YoY Growth | -4.2% | -0.3% | 0.6% | 0.3% | 13.3% | 11.8% | 9.3% | -1.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.62B | $4.55B | $4.50B | $5.04B | $5.04B | $4.83B | $4.79B | $4.39B |
| Liabilities | $3.35B | $3.32B | $3.30B | $3.60B | $3.59B | $3.27B | $3.35B | $2.94B |
| Equity | $250.4M | $191.4M | $135.0M | $342.7M | $308.0M | $579.8M | $590.7M | $952.4M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $181.7M | $143.6M | $148.9M | $87.7M | $151.8M | $207.9M | $245.8M | $113.3M |