Nabors Industries (NBR) Operating Expenses (2009 - 2026)
Nabors Industries' quarterly Operating Expenses came in at $765.3 million in Q1 2026, up 14.12% year-on-year from $670.6 million in Q1 2025, and down 1.97% quarter-over-quarter from $780.7 million in Q4 2025.
Nabors Industries has reported Operating Expenses for 18 years, with the latest figure at $765.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 14.12% year-over-year to $765.3 million; the trailing twelve-month figure through Mar 2026 stood at $2.8 billion (down 5.59% YoY), and the FY2025 full-year result was $2.7 billion, down 10.84% from the prior year.
- Operating Expenses for Q1 2026 stood at $765.3 million, down from $780.7 million in the prior quarter.
- The five-year high for Operating Expenses was $818.0 million in Q2 2025, with the low at $405.5 million in Q3 2025.
- Average Operating Expenses over 5 years is $722.1 million, with a median of $736.9 million recorded in 2024.
- Year-over-year, Operating Expenses grew 26.28% in 2022 and tumbled 47.08% in 2025.
- Tracing NBR's Operating Expenses over 5 years: stood at $801.3 million in 2022, then retreated by 10.81% to $714.7 million in 2023, then advanced by 5.81% to $756.3 million in 2024, then increased by 3.23% to $780.7 million in 2025, then decreased by 1.97% to $765.3 million in 2026.
- The last three Operating Expenses figures came in at $765.3 million (Q1 2026), $780.7 million (Q4 2025), and $405.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 30.44 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 560.38 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 798.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 1.13 Bn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 969.28 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 334.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | 120.03 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 765.29 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | -140.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 765.29 Mn |
| Dec 31, 2025 | 780.70 Mn |
| Sep 30, 2025 | 405.48 Mn |
| Jun 30, 2025 | 818.05 Mn |
| Mar 31, 2025 | 670.60 Mn |
| Dec 31, 2024 | 756.29 Mn |
| Sep 30, 2024 | 766.28 Mn |
| Jun 30, 2024 | 740.45 Mn |
| Mar 31, 2024 | 736.86 Mn |
| Dec 31, 2023 | 714.74 Mn |
| Sep 30, 2023 | 764.87 Mn |
| Jun 30, 2023 | 736.13 Mn |
| Mar 31, 2023 | 704.93 Mn |
| Dec 31, 2022 | 801.34 Mn |
| Sep 30, 2022 | 691.06 Mn |
| Jun 30, 2022 | 692.35 Mn |
| Mar 31, 2022 | 729.70 Mn |
| Dec 31, 2021 | 634.58 Mn |
| Sep 30, 2021 | 637.28 Mn |
| Jun 30, 2021 | 654.96 Mn |
| Mar 31, 2021 | 580.38 Mn |
| Dec 31, 2020 | 511.83 Mn |
| Sep 30, 2020 | 587.99 Mn |
| Jun 30, 2020 | 669.49 Mn |
| Mar 31, 2020 | 1.07 Bn |
| Dec 31, 2019 | 973.83 Mn |
| Sep 30, 2019 | 832.52 Mn |
| Jun 30, 2019 | 953.28 Mn |
| Mar 31, 2019 | 882.89 Mn |
| Dec 31, 2018 | 920.22 Mn |
| Sep 30, 2018 | 861.30 Mn |
| Jun 30, 2018 | 930.69 Mn |
| Mar 31, 2018 | 854.70 Mn |
| Dec 31, 2017 | 847.15 Mn |
| Sep 30, 2017 | 796.47 Mn |
| Jun 30, 2017 | 765.44 Mn |
| Mar 31, 2017 | 736.51 Mn |
| Dec 31, 2016 | 931.94 Mn |
| Sep 30, 2016 | 648.93 Mn |
| Jun 30, 2016 | 744.84 Mn |
| Mar 31, 2016 | 879.47 Mn |
| Dec 31, 2015 | 917.66 Mn |
| Sep 30, 2015 | 1.14 Bn |
| Jun 30, 2015 | 691.27 Mn |
| Mar 31, 2015 | 1.32 Bn |
| Dec 31, 2014 | 2.70 Bn |
| Sep 30, 2014 | 1.65 Bn |
| Jun 30, 2014 | 1.55 Bn |
| Mar 31, 2014 | 1.52 Bn |
| Dec 31, 2013 | 1.50 Bn |
| Sep 30, 2013 | 1.68 Bn |
| Jun 30, 2013 | 1.44 Bn |
| Mar 31, 2013 | 1.51 Bn |
| Dec 31, 2012 | 1.46 Bn |
| Sep 30, 2012 | 1.58 Bn |
| Jun 30, 2012 | 1.70 Bn |
| Mar 31, 2012 | 1.60 Bn |
| Dec 31, 2011 | 1.58 Bn |
| Sep 30, 2011 | 1.52 Bn |
| Jun 30, 2011 | 122.97 Mn |
| Dec 31, 2010 | 1.07 Bn |
| Sep 30, 2010 | 1.12 Bn |
| Jun 30, 2010 | 866.54 Mn |
| Dec 31, 2009 | 883.22 Mn |
| Sep 30, 2009 | 766.30 Mn |
| Jun 30, 2009 | 1.09 Bn |