Nabors Industries (NBR) Gross Margin (2009 - 2026)
Nabors Industries (NBR) posted quarterly Gross Margin of 37.87% for Q2 2026, down 385.0% year-over-year from 13.29% in Q2 2025, and up 1.66% on a QoQ basis from 37.25% in Q1 2026.
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.
- Gross Margin for Q2 2026 came in at 37.87%, down 385.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 38.8% (down 240.0% YoY), and the FY2025 annual result was 40.41%, down 90.0% from the prior year.
- Gross Margin advanced to 37.87% in Q2 2026, from 37.25% in the prior quarter.
- Over five years, Gross Margin peaked at 42.43% in Q4 2023 and troughed at 34.46% in Q1 2022.
- A 5-year average of 39.8% and a median of 40.5% in 2022 frame the typical range for Gross Margin.
- The widest annual swing landed in 2023, when Gross Margin soared 694 bps; it then sank 385 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 40.57% in 2022, then advanced by 5 bps to 42.43% in 2023, then slipped by 3 bps to 41.32% in 2024, then slipped by 4 bps to 39.59% in 2025, then slipped by 4 bps to 37.87% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 37.87% in Q2 2026, 37.25% in Q1 2026, and 39.59% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 37.99% |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 37.06% |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 48.64% |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 33.82% |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 52.12% |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | - |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 37.87% |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 27.28% |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 22.94% |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.87% |
| Mar 31, 2026 | 37.02% |
| Dec 31, 2025 | 41.06% |
| Sep 30, 2025 | 40.42% |
| Jun 30, 2025 | 41.30% |
| Mar 31, 2025 | 39.78% |
| Dec 31, 2024 | 38.08% |
| Sep 30, 2024 | 41.01% |
| Jun 30, 2024 | 40.09% |
| Mar 31, 2024 | 41.25% |
| Dec 31, 2023 | 41.48% |
| Sep 30, 2023 | 39.83% |
| Jun 30, 2023 | 40.61% |
| Mar 31, 2023 | 41.40% |
| Dec 31, 2022 | 40.57% |
| Sep 30, 2022 | 38.15% |
| Jun 30, 2022 | 36.00% |
| Mar 31, 2022 | 34.46% |
| Dec 31, 2021 | 35.95% |
| Sep 30, 2021 | 35.80% |