Nabors Industries (NBR) Cost of Revenue (2009 - 2026)
Nabors Industries (NBR) posted quarterly Cost of Revenue of $507.6 million for Q2 2026, up 3.82% year-over-year from $488.9 million in Q2 2025, and up 2.85% on a QoQ basis from $493.5 million in Q1 2026.
Nabors Industries (NBR) Cost of Revenue (2009 - 2026) Analysis & Trends
Nabors Industries has reported Cost of Revenue for 18 years, with the latest figure at $507.6 million in Q2 2026.
- Cost of Revenue for Q2 2026 came in at $507.6 million, up 3.82% year-over-year; the trailing twelve-month figure through Jun 2026 was $2.0 billion (up 9.88% YoY), and the FY2025 annual result was $1.9 billion, up 9.87% from the prior year.
- Cost of Revenue grew to $507.6 million in Q2 2026, from $493.5 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $507.6 million in Q2 2026 and troughed at $372.7 million in Q1 2022.
- A 5-year average of $450.8 million and a median of $447.5 million in 2023 frame the typical range for Cost of Revenue.
- The widest annual swing landed in 2022, when Cost of Revenue jumped 31.66%; it then decreased 7.09% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $457.2 million in 2022, then dropped by 7.09% to $424.8 million in 2023, then rose by 2.03% to $433.4 million in 2024, then grew by 12.22% to $486.4 million in 2025, then gained by 4.36% to $507.6 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $507.6 million in Q2 2026, $493.5 million in Q1 2026, and $486.4 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | 446.31 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 608.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | 630.72 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 684.91 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 215.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 507.55 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 238.05 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 415.50 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 507.55 Mn |
| Jun 30, 2026 | 507.55 Mn |
| 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 |