Nabors Industries Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,212	2,969	3,050	2,669	2,019
Revenue Growth (YoY)	8.20%	-2.66%	14.28%	32.17%	-5.45%
Cost of Revenue	1,914	1,742	1,790	1,666	1,287
Gross Profit	1,298	1,226	1,259	1,003	732.21
Selling, General & Admin	304.59	249.32	244.15	228.43	213.56
Depreciation & Amortization Expenses	649.23	633.41	645.29	665.07	693.38
Research & Development	53.06	57.06	56.3	49.94	35.15
Other Operating Expenses	-300.31	-	-	-	66.73
Operating Income	591.39	286.64	313.68	59.31	-276.62
Interest Expense	-215.37	-210.86	-185.29	-177.9	-171.48
Other Non-Operating Income (Expense)	65.8	106.82	-0.73	127.1	40
Total Non-Operating Income (Expense)	-149.56	-104.05	-186.01	-50.8	-131.48
Pretax Income	537.53	-31.04	129.12	-245.68	-488.09
Provision for Income Taxes	163.1	56.95	79.22	61.54	55.62
Net Income	286.62	-176.08	-11.78	-350.26	-572.93
Minority Interest in Earnings	87.81	88.1	61.69	43.04	25.58
Net Income Attributable to Preferred Dividends	-	-	-	-	3.65
Net Income to Common	286.62	-176.08	-11.78	-350.26	-572.93
Shares Outstanding (Basic)	13	9	9	9	8
Shares Outstanding (Diluted)	14	9	9	9	8
Shares Change (YoY)	56.66%	0.47%	2.93%	17.00%	7.74%
EPS (Basic)	18.75	-22.37	-5.49	-40.52	-76.58
EPS (Diluted)	17.39	-22.37	-5.49	-40.52	-76.58
Free Cash Flow	-22.68	13.51	97.01	127.64	194.74
Free Cash Flow Growth	-	-86.07%	-24.00%	-34.45%	26.26%
Free Cash Flow Per Share	-1.57	1.47	10.59	14.35	25.61
Gross Margin	40.41%	41.31%	41.30%	37.57%	36.26%
Operating Margin	18.41%	9.65%	10.29%	2.22%	-13.70%
Profit Margin	11.66%	-2.96%	1.64%	-11.51%	-26.93%
FCF Margin	-0.71%	0.46%	3.18%	4.78%	9.64%
EBITDA	1,241	920.05	958.98	724.38	416.77
EBITDA Margin	38.62%	30.99%	31.44%	27.14%	20.64%
EBIT	591.39	286.64	313.68	59.31	-276.62
EBIT Margin	18.41%	9.65%	10.29%	2.22%	-13.70%
Effective Tax Rate	30.34%	-183.46%	61.35%	-25.05%	-11.40%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.