Nabors Industries Ltd. (NBR) — Financial statements
Income statement, balance sheet, and cash flow for Nabors Industries Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,185↑8.7% | 2,930↓2.5% | 3,006↑13.3% | 2,654↑31.5% | 2,018 | |
| Cost of Revenue | 2,564↑7.9% | 2,376↑32.7% | 1,790↑7.5% | 1,666↑29.4% | 1,287 | |
| Gross Profit | 621↑12.0% | 554↓54.4% | 1,216↑23.1% | 988↑35.3% | 730 | |
| Operating Expenses | ||||||
| R&D Expenses | 53↓7.0% | 57↑1.4% | 56↑12.7% | 50↑40.4% | 36 | |
| General & Administrative Expenses | 305↑22.2% | 249↑2.1% | 244↑6.9% | 228↑7.0% | 214 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 305↑22.2% | 249↑2.1% | 244↑6.9% | 228↑7.0% | 214 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 358↑16.7% | 306↑2.0% | 300↑7.9% | 278↑11.7% | 249 | |
| Total Costs & Expenses | 2,921↑8.9% | 2,682↑28.3% | 2,091↑7.5% | 1,944↑26.6% | 1,536 | |
| Operating Results | ||||||
| Operating Income | 263↑6.3% | 248↓72.9% | 915↑29.0% | 709↑47.5% | 481 | |
| Depreciation & Amortization | 649↑2.5% | 633↓1.8% | 645↓3.0% | 665↓4.1% | 693 | |
| EBITDA | 913↑12.2% | 813↓11.1% | 915↑29.0% | 709↑47.3% | 482 | |
| EBIT | 263↑46.5% | 180↓33.4% | 270↑508.9% | 44↑120.9% | -212 | |
| Interest & Other Income | ||||||
| Net Interest Income | -188↓9.3% | -172↓23.2% | -139↑14.2% | -162↑4.4% | -170 | |
| Interest Income | 28↓29.3% | 39↓14.8% | 46↑196.6% | 15↑913.4% | 2 | |
| Interest Expense | 215↑2.1% | 211↑13.8% | 185↑4.2% | 178↑3.7% | 171 | |
| Non-Operating Income | 0.00↓100.0% | 68↓89.4% | 645↓3.0% | 665↓4.0% | 693 | |
| Other Income / Expenses | 274↑198.3% | -279↑64.5% | -786↑17.7% | -955↑1.5% | -969 | |
| Income Before Tax | 538↑1831.7% | -31↓124.0% | 129↑152.6% | -246↑49.7% | -488 | |
| Income Tax Expense | 163↑186.4% | 57↓28.1% | 79↑28.7% | 62↑10.6% | 56 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 374↑525.6% | -88↓276.3% | 50↑116.2% | -307↑43.5% | -544 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 0.02 | |
| Net Income | 248↑241.0% | -176↓1394.3% | -12↑96.6% | -350↑38.5% | -569 | |
| Bottom-Line Net Income | 247↑220.2% | -206↓309.6% | -50↑86.1% | -361↑38.1% | -582 | |
| EPS (Basic) | 18.75↑183.8% | -22.37↓307.5% | -5.49↑86.5% | -40.52↑47.1% | -76.58 | |
| EPS (Diluted) | 17.16↑176.7% | -22.37↓307.5% | -5.49↑86.5% | -40.52↑47.1% | -76.58 | |
| Weighted Average Shares | 13↑43.4% | 9↑0.5% | 9↑2.9% | 9↑17.0% | 8 | |
| Weighted Average Diluted Shares | 14↑56.7% | 9↑0.5% | 9↑2.9% | 9↑17.0% | 8 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.