Nabors Industries Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	3,232	3,185	2,930	3,006
Revenue Growth (YoY)	10.30%	8.69%	-2.52%	-
Cost of Revenue	1,961	1,914	1,742	1,790
Gross Profit	1,272	1,270	1,188	1,216
Selling, General & Admin	307.84	304.59	249.32	244.15
Depreciation & Amortization Expenses	650.78	649.23	633.41	645.29
Research & Development	52.53	53.06	57.06	56.3
Total Operating Expenses	1,011	1,007	939.79	945.74
Operating Income	260.35	263.43	247.93	269.86
Interest Income	23.94	27.65	38.71	43.82
Interest Expense	-204.8	-215.37	-210.86	-185.29
Other Non-Operating Income (Expense)	407	461.81	-106.82	0.73
Total Non-Operating Income (Expense)	226.14	274.1	-278.97	-140.74
Pretax Income	486.49	537.53	-31.04	129.12
Provision for Income Taxes	148.09	-	-	-
Net Income	238.47	286.62	-176.08	-11.78
Minority Interest in Earnings	56.97	-	-	-
Net Income to Common	238.47	286.62	-176.08	-11.78
Shares Outstanding (Basic)	14	13	9	9
Shares Outstanding (Diluted)	14	14	9	9
Shares Change (YoY)	57.10%	56.66%	0.47%	-
EPS (Basic)	14.17	18.75	-22.37	-5.49
EPS (Diluted)	12.77	17.39	-22.37	-5.49
Shares Outstanding	14.8	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	39.34%	39.89%	40.53%	40.44%
Operating Margin	8.06%	8.27%	8.46%	8.98%
Profit Margin	9.95%	11.76%	-3.00%	1.66%
FCF Margin	-	-0.71%	0.46%	3.23%
EBITDA	260.35	912.67	881.34	915.16
EBITDA Margin	8.06%	28.66%	30.08%	30.44%
EBIT	260.35	263.43	247.93	269.86
EBIT Margin	8.06%	8.27%	8.46%	8.98%
Effective Tax Rate	30.44%	0.00%	0.00%	0.00%

Updated May 1, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q