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Nabors Industries NBR US — Revenue

Other segment segments

International Excluding Canada
$419.5M+9.9%
Drilling Solutions
$106.22M+14.0%
Rig Technologies
$27.22M-38.4%
All Other Segments
-$10.54M+22.7%

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Other financials

Income statement

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Revenue$814.8M-2.2%
Gross profit$300.1M+4.8%
Operating income$95.4M-6.3%
Net income-$22.3M+27.8%
EPS (diluted)-$2.04+24.7%

Balance sheet

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Cash & equivalents$509.8M+31.6%
Total debt$2.1B-21.1%
Total equity$544.1M+76.7%
Total assets$4.4B-12.3%

Cash flow

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Operating cash flow$135.2M-10.9%
CapEx$122.9M-31.3%
Free cash flow$12.3M+146%

Valuation

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Market cap$1.23B+151%
Enterprise value$2.84B+1.8%
P/E
P/S0.4×+0.2×

Profitability

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Gross margin40.7%+0.7pp
Operating margin12.7%0.0pp
Net margin7.7%+5.8pp
FCF margin4.1%

Returns & leverage

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Return on equity58%+41.5pp
Debt / equity3.9×-4.8×
Current ratio1.9×+0.1×

Where this comes from

Reported directly by Nabors Industries in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Nabors Industries’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 10:54 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-053683
Line itemThree Months Ended / U.S. DrillingThree Months Ended / International DrillingThree Months Ended / Drilling SolutionsThree Months Ended / Rig TechnologiesThree Months Ended / Total Reportable SegmentsThree Months Ended / Other items (1)Three Months Ended / Total
Operating revenues$$241,144$419,496$106,222$27,222$794,084$(10,536)783,548
Direct costs(146,074)(278,857)(56,890)(19,796)(501,617)8,148(493,469)
Depreciation and amortization(63,441)(80,524)(6,790)(2,393)(153,148)(3,038)(156,186)
Other segment expenses (2)(7,005)(19,358)(10,670)(6,921)(43,954)(41,312)(85,266)
Total adjusted operating income (loss) (3)$$24,624$40,757$31,872$(1,888)95,365
Capital expenditures$$37,995$117,556$2,144$432$158,127$1,185159,312

Item 1. Financial Statements

FAQ

What is Nabors Industries's US — revenue?
Nabors Industries (NBR) reported US — revenue of $241.14M in Q1 2026.
How has Nabors Industries's US — revenue changed year-over-year?
Nabors Industries's US — revenue increased by 4.5% year-over-year, from $230.75M to $241.14M.
What is the long-term trend for Nabors Industries's US — revenue?
Over 4 years (2021 to 2025), Nabors Industries's US — revenue has grown at a 12.9% compound annual growth rate (CAGR), from $804.81M to $1.31B.
What does US — revenue mean?
Represents the total gross revenue generated from drilling and related services within the US segment, excluding taxes collected from customers. This metric serves as the primary indicator of market demand and service volume for the company's domestic operations.

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