NBRNYSEDrilling Oil & Gas WellsFiscal year ends December 31

NABORS INDUSTRIES LTD

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026

$80.06+1.86 (+2.38%)

Close on Oct 19, 2026

Market cap: $1.14B
P/E (TTM): 6.0
Dividend yield: –

NABORS INDUSTRIES LTD income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31	FY 2007 2007-12-31
Revenue	3,185	2,930	3,006	2,654	2,018	2,134	3,043	3,058	2,564	2,228	3,864	6,804	6,152	6,843	6,013	4,134	3,662	5,508	4,939
Cost of Revenue	–	–	1,790	1,666	1,287	1,333	1,929	1,977	1,718	1,344	2,371	4,505	3,982	4,367	3,739	2,401	1,982	3,101	2,765
Gross Profit	–	–	1,216	988	731	801	1,114	1,081	846	884	1,493	2,299	2,170	2,476	2,275	1,734	1,681	2,407	2,174
Research & Development	53	57	56	50	35	34	50	56	51	34	41	50	45	–	–	–	–	–	–
General & Administrative	305	249	244	228	214	204	259	266	251	228	324	500	480	528	488	339	421	479	436
Total Costs & Expenses	2,675	3,000	2,921	2,914	2,507	2,841	3,643	3,567	3,146	3,205	4,219	7,414	6,142	6,341	5,604	3,881	–	–	–
Operating Income	471	417	434	44	-81	-171	89	59	-142	-118	317	798	558	909	866	649	440	–	–
Interest Expense	215	211	185	178	171	206	204	227	223	185	182	178	223	252	257	273	266	197	155
Interest & Investment Income	28	39	46	15	1.53	4.71	–	–	–	–	–	12	97	63	20	7.26	26	21	-16
Income from Equity Investments	–	–	62	43	26	43	-0.01	0.00	0.01	-222	-75	-6.30	0.04	-289	85	33	-155	-193	18
Other Non-Operating Income	-12	-9.94	15	-6.62	-1.71	0.17	-33	-30	-15	-44	39	-31	-38	–	–	–	–	–	–
Merger & Restructuring Charges	25	4.02	2.26	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Asset Impairment Charges	–	–	–	–	–	28	156	46	6.90	216	74	387	20	101	198	61	119	176	41
Gain (Loss) on Investments	-0.27	-0.38	-2.08	-0.48	0.03	-3.27	1.26	-14	-0.97	-0.03	0.46	5.56	91	56	10	-0.19	9.82	-19	61
Gain (Loss) on Sale of Assets	47	-28	-14	-7.35	-24	-64	-40	-96	-19	-85	-63	-353	-18	52	52	–	–	–	–
Legal Settlements	-0.48	-6.28	-26	-15	-8.29	-4.25	-5.23	-9.94	-1.27	-3.94	-8.19	-8.88	-12	-5.38	-11	-6.36	11	3.49	–
Pretax Income	538	-31	129	-246	-488	-706	-589	-519	-580	-1,198	-428	-605	106	277	515	294	69	731	1,032
Income Tax Expense	163	57	79	62	56	57	92	79	-83	-187	-98	63	-55	41	165	37	-64	210	201
Income from Continuing Operations	374	-88	50	-307	-573	-838	-741	-652	-490	-989	-322	-662	150	232	346	256	133	522	830
Income from Discontinued Operations	–	–	–	–	0.02	0.01	-0.01	-15	-44	-18	-43	0.02	-11	-68	-98	-161	-219	-42	35
Net Income incl. Noncontrolling Interests	374	-88	50	-307	-544	-763	-681	-613	-541	-1,030	-372	-669	147	165	250	95	-86	480	865
Minority Interest in Earnings	88	88	62	43	26	43	22	28	6.18	0.14	0.38	1.42	7.18	0.62	1.05	0.09	-0.34	3.93	-0.42
Net Income	287	-176	-12	-350	-569	-806	-703	-641	-547	-1,030	-373	-671	140	165	249	95	-86	476	866
Preferred Dividends	–	–	–	–	3.65	15	17	12	–	–	–	–	–	–	–	–	–	–	–
Net Income to Common	247	-206	-50	-361	-582	-820	-720	-653	-547	-1,030	-322	-662	–	238	341	256	133	518	–
EPS (Basic)(per share)	18.75	-22.37	-5.49	-40.52	-76.58	-118.69	-105.39	-99.61	-95.00	-182.00	-64.50	-114.00	23.50	28.50	43.50	16.50	-15.00	84.50	154.00
EPS (Diluted)(per share)	17.39	-22.37	-5.49	-40.52	-76.58	-118.69	-105.39	-99.61	-95.00	-182.00	-64.50	-114.00	23.50	28.00	42.50	16.50	-15.00	82.50	150.00
Shares Outstanding (Basic, Weighted)(shares)	13	9.20	9.16	8.90	7.61	7.06	7.03	6.69	5.61	5.53	5.66	5.81	5.88	5.80	5.74	5.70	5.67	5.63	5.62
Shares Outstanding (Diluted, Weighted)(shares)	14	9.20	9.16	8.90	7.61	7.06	7.03	6.69	5.61	5.53	5.66	5.81	5.93	5.85	5.85	5.80	5.73	5.76	5.76
Dividend per Share(per share)	–	–	–	–	–	0.50	2.00	12.00	12.00	12.00	12.00	2.00	2.00	–	–	–	–	–	–
EBITDA	–	–	1,079	709	613	682	965	925	701	753	1,287	1,943	1,645	1,948	1,784	1,410	1,104	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: 13.9%
Net margin: 7.7%
Return on equity, FY2025: 79.0%

Financial strength

Current ratio: 1.89
Debt to equity: 3.90
Debt to assets: 48.0%
Cash to current liabilities: 80.5%

Valuation

P/E ratio: 6.0
Price to sales: 0.36
Price to book: 2.10
Dividend yield: –