What is Nabors Industries's direct operating costs?

Nabors Industries (NBR) reported direct operating costs of $507.55M in Q2 2026.

How has Nabors Industries's direct operating costs changed year-over-year?

Nabors Industries's direct operating costs increased by 3.8% year-over-year, from $488.88M to $507.55M.

What is the long-term trend for Nabors Industries's direct operating costs?

Over 3 years (2022 to 2025), Nabors Industries's direct operating costs has grown at a 4.7% compound annual growth rate (CAGR), from $1.67B to $1.91B.

Nabors Industries NBR Direct Operating Costs

Segments

By segment

See full

International Excluding Canada$278.86M+12.2%

US$146.07M+10.7%

Drilling Solutions$56.89M+28.6%

Rig Technologies$19.8M-36.6%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$135.2M-10.9%

CapEx$122.9M-31.3%

Free cash flow$12.3M+146%

Valuation

See full

Market cap$1.12B+113%

Enterprise value$2.73B-3.4%

P/E4.5×—

P/S0.4×+0.2×

Profitability

See full

Gross margin40.7%+0.7pp

Operating margin12.7%0.0pp

Net margin7.7%+5.8pp

FCF margin4.1%—

Returns & leverage

See full

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:DirectOperatingCosts.

The official record: Nabors Industries’s 8-K, filed July 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about Nabors Industries's direct operating costs.

Connect your AI assistant and break it down by segment, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Nabors Industries's direct operating costs?: Nabors Industries (NBR) reported direct operating costs of $507.55M in Q2 2026.
How has Nabors Industries's direct operating costs changed year-over-year?: Nabors Industries's direct operating costs increased by 3.8% year-over-year, from $488.88M to $507.55M.
What is the long-term trend for Nabors Industries's direct operating costs?: Over 3 years (2022 to 2025), Nabors Industries's direct operating costs has grown at a 4.7% compound annual growth rate (CAGR), from $1.67B to $1.91B.