Nabors Industries (NBR) Gross Margin (2009 - 2026)
Nabors Industries (NBR) posted Gross Margin of 37.87% for Q2 2026, up 1.66% on a QoQ basis from 37.25% in Q1 2026, and down 385.0% year-over-year from 13.29% in Q2 2025.
Analysis
Nabors Industries (NBR) Gross Margin (2009 - 2026) Analysis & Trends
Nabors Industries has reported Gross Margin for 18 years, with the latest figure at 37.87% in Q2 2026.
- On a quarterly basis, Gross Margin fell 385.0% year-over-year to 37.87% in Q2 2026; TTM through Jun 2026 was 38.8%, a 240.0% decrease from a year earlier, with the FY2025 full-year figure at 40.41%, down 90.0% from the prior year.
- Gross Margin was 37.87% for Q2 2026 at Nabors Industries, up from 37.25% in the prior quarter.
- The five-year high for Gross Margin was 42.43% in Q4 2023, with the low at 34.46% in Q1 2022.
- Average Gross Margin over 5 years is 39.8%, with a median of 40.5% recorded in 2022.
- The sharpest annual moves came in 2023 and 2026: Gross Margin jumped 694 bps in 2023, then sank 385 bps in 2026.
- Over 5 years, Gross Margin stood at 40.57% in 2022, then grew by 5 bps to 42.43% in 2023, then declined by 3 bps to 41.32% in 2024, then declined by 4 bps to 39.59% in 2025, then declined by 4 bps to 37.87% in 2026.
- The last three Gross Margin figures came in at 37.87% (Q2 2026), 37.25% (Q1 2026), and 39.59% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Patterson Uti Energy | 4.89 Bn | 4.69 Bn | 597.25 Mn | 48.64% |
| 2 | Helmerich & Payne | 4.41 Bn | 4.18 Bn | 349.94 Mn | 33.82% |
| 3 | Nabors Industries | 1.27 Bn | 760.82 Mn | 309.38 Mn | 37.87% |
| 4 | Precision Drilling | 1.19 Bn | 1.14 Bn | 89.29 Mn | 27.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.87% |
| Mar 31, 2026 | 37.25% |
| Dec 31, 2025 | 39.59% |
| Sep 30, 2025 | 40.42% |
| Jun 30, 2025 | 41.72% |
| Mar 31, 2025 | 39.78% |
| Dec 31, 2024 | 41.32% |
| Sep 30, 2024 | 41.92% |
| Jun 30, 2024 | 40.75% |
| Mar 31, 2024 | 41.25% |
| Dec 31, 2023 | 42.43% |
| Sep 30, 2023 | 39.83% |
| Jun 30, 2023 | 41.51% |
| Mar 31, 2023 | 41.40% |
| Dec 31, 2022 | 40.57% |
| Sep 30, 2022 | 38.15% |
| Jun 30, 2022 | 36.08% |
| Mar 31, 2022 | 34.46% |
| Dec 31, 2021 | 36.13% |
| Sep 30, 2021 | 35.82% |