Nabors Industries (NBR) Operating Expenses (2009 - 2026)
Nabors Industries (NBR) recorded quarterly Operating Expenses of $765.3 million in Q1 2026, down 1.97% quarter-over-quarter from $780.7 million in Q4 2025, and up 14.12% on a YoY basis from $670.6 million in Q1 2025.
Nabors Industries (NBR) Operating Expenses (2009 - 2026) Analysis & Trends
Nabors Industries' Operating Expenses history runs 18 years deep, the most recent figure standing at $765.3 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 14.12% year-over-year to $765.3 million; the TTM figure through Mar 2026 stood at $2.8 billion (down 5.59% YoY), while the FY2025 annual figure was $2.7 billion, down 10.84% from the prior year.
- Operating Expenses was $765.3 million for Q1 2026 at Nabors Industries, down from $780.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $818.0 million in Q2 2025 to a low of $405.5 million in Q3 2025.
- Historically, Operating Expenses has averaged $722.1 million across 5 years, with a median of $736.9 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses advanced 26.28% in 2022, then tumbled 47.08% in 2025.
- A 5-year view of Operating Expenses shows it stood at $801.3 million in 2022, then fell by 10.81% to $714.7 million in 2023, then gained by 5.81% to $756.3 million in 2024, then grew by 3.23% to $780.7 million in 2025, then retreated 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 | 156.90 Bn | 156.84 Bn | 120.82 Mn | 30.44 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 560.38 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 798.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 1.13 Bn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 969.28 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 334.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 120.03 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 765.29 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -144.70 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 452.20 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 |