Nabors Industries (NBR) Gross Margin (2009 - 2026)
Nabors Industries' quarterly Gross Margin came in at 37.02% in Q1 2026, down 222.0% year-on-year from 30.35% in Q1 2025, and down 1.13% quarter-over-quarter from 37.44% in Q4 2025.
Nabors Industries has reported Gross Margin for 18 years, with the latest figure at 37.02% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 222.0% year-over-year to 37.02%; the trailing twelve-month figure through Mar 2026 stood at 38.96% (down 221.0% YoY), and the FY2025 full-year result was 39.89%, down 142.0% from the prior year.
- Gross Margin for Q1 2026 stood at 37.02%, down from 37.44% in the prior quarter.
- The five-year high for Gross Margin was 43.61% in Q4 2024, with the low at 34.46% in Q1 2022.
- Average Gross Margin over 5 years is 39.46%, with a median of 39.86% recorded in 2022.
- Year-over-year, Gross Margin surged 620 bps in 2023 and tumbled 616 bps in 2025.
- Tracing NBR's Gross Margin over 5 years: stood at 39.86% in 2022, then dropped by 3 bps to 38.8% in 2023, then rose by 12 bps to 43.61% in 2024, then declined by 14 bps to 37.44% in 2025, then decreased by 1 bps to 37.02% in 2026.
- The last three Gross Margin figures came in at 37.02% (Q1 2026), 37.44% (Q4 2025), and 39.89% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 31.50% |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 96.17% |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 43.94% |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 47.96% |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 97.34% |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 49.44% |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -5,252.71% |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 37.02% |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.02% |
| Dec 31, 2025 | 37.44% |
| Sep 30, 2025 | 39.89% |
| Jun 30, 2025 | 41.30% |
| Mar 31, 2025 | 39.24% |
| Dec 31, 2024 | 43.61% |
| Sep 30, 2024 | 41.01% |
| Jun 30, 2024 | 40.75% |
| Mar 31, 2024 | 41.25% |
| Dec 31, 2023 | 38.80% |
| Sep 30, 2023 | 39.83% |
| Jun 30, 2023 | 41.51% |
| Mar 31, 2023 | 40.66% |
| Dec 31, 2022 | 39.86% |
| Sep 30, 2022 | 38.15% |
| Jun 30, 2022 | 36.00% |
| Mar 31, 2022 | 34.46% |
| Dec 31, 2021 | 36.12% |
| Sep 30, 2021 | 35.80% |
| Jun 30, 2021 | 36.14% |
| Mar 31, 2021 | 37.06% |
| Dec 31, 2020 | 38.14% |
| Sep 30, 2020 | 38.21% |
| Jun 30, 2020 | 39.07% |
| Mar 31, 2020 | 35.42% |
| Dec 31, 2019 | 38.92% |
| Sep 30, 2019 | 37.28% |
| Jun 30, 2019 | 35.62% |
| Mar 31, 2019 | 34.85% |
| Dec 31, 2018 | 34.74% |
| Sep 30, 2018 | 36.21% |
| Jun 30, 2018 | 35.17% |
| Mar 31, 2018 | 35.25% |
| Dec 31, 2017 | 33.41% |
| Sep 30, 2017 | 33.35% |
| Jun 30, 2017 | 33.87% |
| Mar 31, 2017 | 31.09% |
| Dec 31, 2016 | 38.48% |
| Sep 30, 2016 | 41.04% |
| Jun 30, 2016 | 40.29% |
| Mar 31, 2016 | 38.92% |
| Dec 31, 2015 | 39.76% |
| Sep 30, 2015 | 38.86% |
| Jun 30, 2015 | 27.52% |
| Mar 31, 2015 | 35.00% |
| Dec 31, 2014 | 33.02% |
| Sep 30, 2014 | 34.83% |
| Jun 30, 2014 | 34.04% |
| Mar 31, 2014 | 33.21% |
| Dec 31, 2013 | 31.59% |
| Sep 30, 2013 | 36.67% |
| Jun 30, 2013 | 34.04% |
| Mar 31, 2013 | 38.50% |
| Dec 31, 2012 | 44.92% |
| Sep 30, 2012 | 36.01% |
| Jun 30, 2012 | 29.60% |
| Mar 31, 2012 | 36.87% |
| Dec 31, 2011 | 35.01% |
| Sep 30, 2011 | 37.95% |
| Jun 30, 2011 | 38.42% |
| Dec 31, 2010 | 41.73% |
| Sep 30, 2010 | 42.10% |
| Jun 30, 2010 | 42.88% |
| Dec 31, 2009 | 37.39% |
| Sep 30, 2009 | 46.39% |
| Jun 30, 2009 | 48.30% |