Nabors Industries Ltd. (NBR)

Nabors Industries Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	3,185	2,930	3,006
Revenue Growth (YoY)	8.69%	-2.52%	-
Cost of Revenue	1,914	1,742	1,790
Gross Profit	1,270	1,188	1,216
Selling, General & Admin	304.59	249.32	244.15
Depreciation & Amortization Expenses	649.23	633.41	645.29
Research & Development	53.06	57.06	56.3
Total Operating Expenses	1,007	939.79	945.74
Operating Income	263.43	247.93	269.86
Interest Income	27.65	38.71	43.82
Interest Expense	-215.37	-210.86	-185.29
Other Non-Operating Income (Expense)	461.81	-106.82	0.73
Total Non-Operating Income (Expense)	274.1	-278.97	-140.74
Pretax Income	537.53	-31.04	129.12
Provision for Income Taxes	163.1	56.95	79.22
Net Income	286.62	-176.08	-11.78
Minority Interest in Earnings	87.81	88.1	61.69
Net Income to Common	286.62	-176.08	-11.78
Shares Outstanding (Basic)	13	9	9
Shares Outstanding (Diluted)	14	9	9
Shares Change (YoY)	56.66%	0.47%	-
EPS (Basic)	18.75	-22.37	-5.49
EPS (Diluted)	17.39	-22.37	-5.49
Shares Outstanding	14.54	9.5	9.4
Free Cash Flow	-22.68	13.51	97.01
Free Cash Flow Growth	-	-86.07%	-
Free Cash Flow Per Share	-1.57	1.47	10.59
Gross Margin	39.89%	40.53%	40.44%
Operating Margin	8.27%	8.46%	8.98%
Profit Margin	11.76%	-3.00%	1.66%
FCF Margin	-0.71%	0.46%	3.23%
EBITDA	912.67	881.34	915.16
EBITDA Margin	28.66%	30.08%	30.44%
EBIT	263.43	247.93	269.86
EBIT Margin	8.27%	8.46%	8.98%
Effective Tax Rate	30.34%	-183.46%	61.35%

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

SEC Filings: 10-K · 10-Q