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Nabors Industries NBR Business Segments

FY'25FY'24FY'23FY'22
Revenue by Business
All Other Segments-$57.04M+4.7%-$59.84M-$84.61M-50.0%
Drilling Solutions$513.28M+63.4%$314.07M+4.1%$301.76M+24.0%$243.35M+41.1%
International Excluding Canada$1.6B+10.5%$1.45B+7.5%$1.35B+12.2%$1.2B+15.0%
Rig Technologies$154.04M-23.6%$201.68M-16.9%$242.77M+24.4%$195.13M+30.7%
US$1.31B+2.0%$1.28B-13.1%$1.48B+11.7%$1.32B+64.5%
Adjusted Operating Income Loss by Business
Drilling Solutions$167.28M+48.8%$112.39M+1.3%$110.96M+42.5%$77.87M
International Excluding Canada$164.12M+52.2%$107.86M+164%$40.87M+4,749%-$879K
Rig Technologies$8.27M-59.1%$20.24M+3.7%$19.53M+119%$8.91M
US$131.37M-25.5%$176.28M-32.8%$262.35M+142%$108.51M
Other Segment Expenses General And Administrative Expense And Research And Engineering Expenses by Business
Drilling Solutions$43.91M+44.9%$30.31M+12.1%$27.03M+3.2%$26.2M
International Excluding Canada$76.87M+12.7%$68.19M+5.9%$64.41M+12.2%$57.41M
Rig Technologies$27.36M-17.8%$33.3M-1.3%$33.73M+15.1%$29.29M
US$25.53M+3.1%$24.76M-7.3%$26.72M-2.7%$27.45M
Payments To Acquire Productive Assets by Business
Drilling Solutions$62.49M+251%$17.79M-30.8%$25.72M+29.0%$19.95M+101%
International Excluding Canada$488.68M+6.4%$459.17M+28.4%$357.61M+61.0%$222.1M+28.3%
Rig Technologies$1.72M-70.1%$5.77M-72.8%$21.23M+35.6%$15.66M+461%
US$139.18M+25.6%$110.82M-18.7%$136.31M+15.5%$118.02M+119%
Direct Operating Costs by Business
Drilling Solutions$250.05M+65.2%$151.39M+4.3%$145.14M+22.5%$118.45M
International Excluding Canada$1.03B+9.3%$941.12M+5.5%$892.18M+9.7%$813.42M
Rig Technologies$107.22M-22.8%$138.94M-23.5%$181.64M+20.2%$151.14M
US$569.2M+2.6%$554.53M-14.3%$647.25M-0.9%$652.9M
Depreciation And Amortization Continuing Operations by Business
Drilling Solutions$52.04M+160%$19.99M+7.3%$18.63M-10.5%$20.83M
International Excluding Canada$327.83M-0.3%$328.92M-5.4%$347.79M+5.6%$329.34M
Rig Technologies$11.18M+21.5%$9.2M+17.0%$7.87M+35.7%$5.79M
US$250.53M-8.1%$272.56M+0.5%$271.31M-13.0%$311.76M
Revenue by Geography
Europe Africa And Cis$145.95M+59.4%$91.59M+27.9%$71.62M-26.1%$96.93M-5.4%
Latin America$465.26M+3.7%$448.63M+13.0%$397.06M+16.7%$340.34M+24.4%
Lower48$1.08B-4.7%$1.13B-17.7%$1.37B+15.9%$1.18B+74.1%
Middle East And Asia$1.25B+9.3%$1.14B+5.9%$1.08B+18.6%$911.94M+13.0%
SA$1B+7.8%$927.7M+13.0%$821.1M+15.2%$712.8M+10.5%
United States Offshore$123.34M+5.2%$117.2M-9.4%$129.37M

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Questions, answered.

How does Nabors Industries break its business down?
Nabors Industries (NBR) reports revenue by business across 5 parts — All Other Segments, Drilling Solutions, International Excluding Canada, Rig Technologies and US. Each is extracted from the segment footnotes and tracked over time.
Where does Nabors Industries's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Nabors Industries's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.