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Other financials

Income statement

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Revenue$783.5M+6.4%
Gross profit$300.1M+4.8%
Operating income$95.4M-6.3%
Net income-$15.2M-146%
EPS (diluted)-$1.54-171%

Balance sheet

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Cash & equivalents$500.8M+26.3%
Total debt$2.1B-21.1%
Total equity$568.9M+66.0%
Total assets$4.4B-13.0%

Cash flow

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Operating cash flow$113.3M+29.2%
CapEx$165.0M0.0%
Free cash flow-$51.6M+33.2%

Valuation

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Market cap$1.21B+110%
Enterprise value$2.84B-0.4%
P/E5.1×
P/S0.4×+0.2×

Profitability

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Gross margin40.7%+0.7pp
Operating margin12.7%0.0pp
Net margin7.4%+5.5pp
FCF margin4.1%

Returns & leverage

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Return on equity52.3%+37.4pp
Debt / equity3.7×-4.1×
Current ratio+0.2×

Where this comes from

Reported directly by Nabors Industries in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: Nabors Industries’s 10-K, filed February 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nabors Industries's D&A?
Nabors Industries (NBR) reported D&A of $162.2M in Q4 2025.
How has Nabors Industries's D&A changed year-over-year?
Nabors Industries's D&A increased by 2.5% year-over-year, from $158.23M to $162.2M.
What is the long-term trend for Nabors Industries's D&A?
Over 4 years (2021 to 2025), Nabors Industries's D&A has grown at a -1.6% compound annual growth rate (CAGR), from $693.38M to $648.8M.
What does D&A mean?
Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.