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 revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| International Drilling | $1.60B | $1.45B | $1.35B | $1.20B | $1.04B | $1.13B | $1.32B | $1.47B | $1.47B | $1.51B | 50.2% | +10.5% |
| U.S. Drilling | $976.64M | $1.03B | $1.21B | $1.10B | $669.66M | $713.06M | $1.24B | $1.08B | $805.22M | $554.07M | 30.7% | -5.0% |
| Drilling Solutions | $513.28M | $314.07M | $301.76M | $243.35M | $172.47M | $149.83M | $252.79M | $250.24M | $140.70M | $63.76M | 16.1% | +63.4% |
| Rig Technologies | $154.04M | $201.68M | $242.77M | $195.13M | $149.27M | $131.56M | $260.23M | $270.99M | $234.54M | $151.95M | 4.8% | -23.6% |
| Other | -$57.04M | -$59.84M | -$91.42M | -$84.61M | -$56.39M | -$46.83M | – | – | – | – | -1.8% | -4.7% |
| Canada Drilling | – | – | – | – | $39.34M | $54.75M | $68.27M | $105.00M | $82.93M | $51.47M | – | – |
| Drilling and Rig Services | – | – | – | – | – | – | – | – | $2.74B | $2.33B | – | – |
| Rig Services | – | – | – | – | $149.27M | $131.56M | $260.23M | $270.99M | $234.54M | $151.95M | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| International Drilling | – | – | $40.87M | -$879.00K | -$40.12M | -$56.21M | -$8.90M | $74.22M | $108.43M | $164.68M | – |
| U.S. Drilling | – | – | $262.35M | $108.51M | -$76.49M | -$96.18M | $64.31M | -$21.30M | -$213.88M | -$197.71M | – |
| Drilling Solutions | – | – | $110.96M | $77.87M | $32.77M | $6.17M | $59.47M | $37.63M | $16.74M | -$16.50M | – |
| Rig Technologies | – | – | $19.53M | $8.91M | $158.00K | -$13.48M | -$11.25M | -$25.76M | -$30.96M | -$31.98M | – |
| Canada Drilling | – | – | – | $13.00K | $2.89M | -$11.77M | -$14.48M | -$6.17M | -$22.26M | -$36.82M | – |
By product or service
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Outside the U.S. | $1.88B | $1.65B | $1.53B | $1.33B | $1.21B | $1.29B | $1.49B | $1.71B | $1.59B | $1.59B | 58.9% | +13.9% |
| United States | $1.31B | $1.28B | $1.48B | $1.32B | $804.81M | $841.53M | $1.55B | $1.35B | $973.46M | $642.84M | 41.1% | +2.0% |
| Middle East & Asia | $1.25B | $1.14B | $1.08B | $911.94M | $807.08M | $827.50M | $865.89M | $950.22M | $896.07M | $908.53M | 39.3% | +9.3% |
| Lower 48 | $1.08B | $1.13B | $1.37B | $1.18B | $679.48M | $691.96M | $1.37B | $1.27B | $1.01B | $585.06M | 33.8% | -4.7% |
| Saudi Arabia | $1.00B | $927.70M | $821.10M | $712.80M | $645.00M | $642.70M | $696.40M | $764.50M | $727.70M | $731.40M | 31.4% | +7.8% |
| Latin America | $465.26M | $448.63M | $397.05M | $340.34M | $273.49M | $235.69M | $373.07M | $384.25M | $391.89M | $307.20M | 14.6% | +3.7% |
| Europe, Africa & CIS | $145.94M | $91.58M | $71.63M | $96.93M | $102.46M | $191.44M | $225.30M | $240.27M | $211.92M | $308.85M | 4.6% | +59.4% |
| AK | $125.47M | $50.88M | $38.87M | $65.88M | $29.27M | $39.22M | $67.90M | $53.91M | $52.11M | $75.52M | 3.9% | +146.6% |
| U.S. Offshore | $123.34M | $117.20M | $129.37M | – | – | – | – | – | – | – | 3.9% | +5.2% |
| Canada | $55.13M | $8.18M | $8.79M | $7.25M | $45.06M | $59.46M | $78.88M | $140.53M | $96.60M | $65.01M | 1.7% | +574.1% |
| U.S. Offshore Gulf Of Mexico | – | $117.20M | $129.37M | $133.20M | $137.11M | $135.60M | $170.26M | $136.72M | $77.02M | $79.98M | – | – |
From the segment and revenue-disaggregation notes of Nabors Industries's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.