Nabors Industries (NBR) Cost of Revenue (2009 - 2026)
Nabors Industries' quarterly Cost of Revenue came in at $493.5 million in Q1 2026, up 10.32% year-on-year from $447.3 million in Q1 2025, and up 1.46% quarter-over-quarter from $486.4 million in Q4 2025.
Nabors Industries has reported Cost of Revenue for 18 years, with the latest figure at $493.5 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 10.32% year-over-year to $493.5 million; the trailing twelve-month figure through Mar 2026 stood at $2.0 billion (up 11.86% YoY), and the FY2025 full-year result was $1.9 billion, up 9.87% from the prior year.
- Cost of Revenue for Q1 2026 stood at $493.5 million, up from $486.4 million in the prior quarter.
- The five-year high for Cost of Revenue was $493.5 million in Q1 2026, with the low at $372.7 million in Q1 2022.
- Average Cost of Revenue over 5 years is $447.4 million, with a median of $447.3 million recorded in 2025.
- Year-over-year, Cost of Revenue soared 31.66% in 2022 and retreated 7.09% in 2023.
- Tracing NBR's Cost of Revenue over 5 years: stood at $457.2 million in 2022, then fell by 7.09% to $424.8 million in 2023, then advanced by 2.03% to $433.4 million in 2024, then rose by 12.22% to $486.4 million in 2025, then grew by 1.46% to $493.5 million in 2026.
- The last three Cost of Revenue figures came in at $493.5 million (Q1 2026), $486.4 million (Q4 2025), and $491.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 262.78 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 30.11 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 606.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 581.49 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 24.80 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 181.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | 68.03 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 493.47 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 493.47 Mn |
| Mar 31, 2026 | 493.47 Mn |
| Dec 31, 2025 | 486.37 Mn |
| Dec 31, 2025 | 486.37 Mn |
| Sep 30, 2025 | 491.83 Mn |
| Sep 30, 2025 | 491.83 Mn |
| Jun 30, 2025 | 488.88 Mn |
| Jun 30, 2025 | 488.88 Mn |
| Mar 31, 2025 | 447.30 Mn |
| Mar 31, 2025 | 447.30 Mn |
| Dec 31, 2024 | 433.40 Mn |
| Dec 31, 2024 | 433.40 Mn |
| Sep 30, 2024 | 431.71 Mn |
| Sep 30, 2024 | 431.71 Mn |
| Jun 30, 2024 | 440.23 Mn |
| Jun 30, 2024 | 440.23 Mn |
| Mar 31, 2024 | 437.08 Mn |
| Mar 31, 2024 | 437.08 Mn |
| Dec 31, 2023 | 424.77 Mn |
| Dec 31, 2023 | 424.77 Mn |
| Sep 30, 2023 | 447.75 Mn |
| Sep 30, 2023 | 447.75 Mn |
| Jun 30, 2023 | 455.53 Mn |
| Jun 30, 2023 | 455.53 Mn |
| Mar 31, 2023 | 462.33 Mn |
| Mar 31, 2023 | 462.33 Mn |
| Dec 31, 2022 | 457.18 Mn |
| Dec 31, 2022 | 457.18 Mn |
| Sep 30, 2022 | 432.31 Mn |
| Sep 30, 2022 | 432.31 Mn |
| Jun 30, 2022 | 403.80 Mn |
| Jun 30, 2022 | 403.80 Mn |
| Mar 31, 2022 | 372.71 Mn |
| Mar 31, 2022 | 372.71 Mn |
| Dec 31, 2021 | 347.24 Mn |
| Dec 31, 2021 | 347.24 Mn |
| Sep 30, 2021 | 336.54 Mn |
| Sep 30, 2021 | 336.54 Mn |
| Jun 30, 2021 | 312.47 Mn |
| Jun 30, 2021 | 312.47 Mn |
| Mar 31, 2021 | 290.65 Mn |
| Mar 31, 2021 | 290.65 Mn |
| Dec 31, 2020 | 274.28 Mn |
| Dec 31, 2020 | 274.28 Mn |
| Sep 30, 2020 | 270.40 Mn |
| Sep 30, 2020 | 270.40 Mn |
| Jun 30, 2020 | 326.56 Mn |
| Jun 30, 2020 | 326.56 Mn |
| Mar 31, 2020 | 461.84 Mn |
| Mar 31, 2020 | 461.84 Mn |
| Dec 31, 2019 | 436.25 Mn |
| Dec 31, 2019 | 436.25 Mn |
| Sep 30, 2019 | 475.46 Mn |
| Sep 30, 2019 | 475.46 Mn |
| Jun 30, 2019 | 496.66 Mn |
| Jun 30, 2019 | 496.66 Mn |
| Mar 31, 2019 | 520.96 Mn |
| Mar 31, 2019 | 520.96 Mn |
| Dec 31, 2018 | 510.40 Mn |
| Dec 31, 2018 | 510.40 Mn |
| Sep 30, 2018 | 497.19 Mn |
| Sep 30, 2018 | 497.19 Mn |
| Jun 30, 2018 | 493.98 Mn |
| Jun 30, 2018 | 493.98 Mn |
| Mar 31, 2018 | 475.40 Mn |
| Mar 31, 2018 | 475.40 Mn |
| Dec 31, 2017 | 471.64 Mn |
| Dec 31, 2017 | 471.64 Mn |
| Sep 30, 2017 | 441.26 Mn |
| Sep 30, 2017 | 441.26 Mn |
| Jun 30, 2017 | 417.52 Mn |
| Jun 30, 2017 | 417.52 Mn |
| Mar 31, 2017 | 387.64 Mn |
| Mar 31, 2017 | 387.64 Mn |
| Dec 31, 2016 | 331.56 Mn |
| Dec 31, 2016 | 331.56 Mn |
| Sep 30, 2016 | 306.44 Mn |
| Sep 30, 2016 | 306.44 Mn |
| Jun 30, 2016 | 341.28 Mn |
| Jun 30, 2016 | 341.28 Mn |
| Mar 31, 2016 | 365.02 Mn |
| Mar 31, 2016 | 365.02 Mn |
| Dec 31, 2015 | 445.13 Mn |
| Dec 31, 2015 | 445.13 Mn |
| Sep 30, 2015 | 518.17 Mn |
| Sep 30, 2015 | 518.17 Mn |
| Jun 30, 2015 | 341.28 Mn |
| Jun 30, 2015 | 341.28 Mn |
| Mar 31, 2015 | 919.61 Mn |
| Mar 31, 2015 | 919.61 Mn |
| Dec 31, 2014 | 1.19 Bn |
| Dec 31, 2014 | 1.19 Bn |
| Sep 30, 2014 | 1.18 Bn |
| Sep 30, 2014 | 1.18 Bn |
| Jun 30, 2014 | 1.07 Bn |
| Jun 30, 2014 | 1.07 Bn |
| Mar 31, 2014 | 1.06 Bn |
| Mar 31, 2014 | 1.06 Bn |
| Dec 31, 2013 | 1.03 Bn |
| Dec 31, 2013 | 1.03 Bn |
| Sep 30, 2013 | 981.69 Mn |
| Sep 30, 2013 | 981.69 Mn |
| Jun 30, 2013 | 972.31 Mn |
| Jun 30, 2013 | 972.31 Mn |
| Mar 31, 2013 | 994.99 Mn |
| Mar 31, 2013 | 994.99 Mn |
| Dec 31, 2012 | 1.01 Bn |
| Dec 31, 2012 | 1.01 Bn |
| Sep 30, 2012 | 1.11 Bn |
| Sep 30, 2012 | 1.11 Bn |
| Jun 30, 2012 | 1.09 Bn |
| Jun 30, 2012 | 1.09 Bn |
| Mar 31, 2012 | 1.16 Bn |
| Mar 31, 2012 | 1.16 Bn |
| Dec 31, 2011 | 1.05 Bn |
| Dec 31, 2011 | 1.05 Bn |
| Sep 30, 2011 | 1.02 Bn |
| Sep 30, 2011 | 1.02 Bn |
| Jun 30, 2011 | 827.45 Mn |
| Jun 30, 2011 | 827.45 Mn |
| Dec 31, 2010 | 752.23 Mn |
| Dec 31, 2010 | 752.23 Mn |
| Sep 30, 2010 | 625.56 Mn |
| Sep 30, 2010 | 625.56 Mn |
| Jun 30, 2010 | 524.24 Mn |
| Jun 30, 2010 | 524.24 Mn |
| Dec 31, 2009 | 455.33 Mn |
| Dec 31, 2009 | 455.33 Mn |
| Sep 30, 2009 | 431.28 Mn |
| Sep 30, 2009 | 431.28 Mn |
| Jun 30, 2009 | 453.92 Mn |
| Jun 30, 2009 | 453.92 Mn |