Nabors Industries (NBR) Operating Expenses (2009 - 2026)
Nabors Industries (NBR) posted Operating Expenses of $802.0 million for Q2 2026, up 4.8% on a QoQ basis from $765.3 million in Q1 2026, and down 1.96% year-over-year from $818.0 million in Q2 2025.
Analysis
Nabors Industries (NBR) Operating Expenses (2009 - 2026) Analysis & Trends
Nabors Industries has reported Operating Expenses for 18 years, with the latest figure at $802.0 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 1.96% year-over-year to $802.0 million in Q2 2026; TTM through Jun 2026 was $2.8 billion, a 8.56% decrease from a year earlier, with the FY2025 full-year figure at $2.7 billion, down 10.84% from the prior year.
- Operating Expenses was $802.0 million for Q2 2026 at Nabors Industries, up from $765.3 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 $726.5 million, with a median of $738.7 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses climbed 26.28% in 2022, then slumped 47.08% in 2025.
- Over 5 years, Operating Expenses 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 rose by 2.73% to $802.0 million in 2026.
- The last three Operating Expenses figures came in at $802.0 million (Q2 2026), $765.3 million (Q1 2026), and $780.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Patterson Uti Energy | 4.89 Bn | 4.69 Bn | 597.25 Mn | 1.23 Bn |
| 2 | Helmerich & Payne | 4.43 Bn | 4.19 Bn | 349.94 Mn | 846.65 Mn |
| 3 | Nabors Industries | 1.28 Bn | 770.31 Mn | 309.38 Mn | 802.04 Mn |
| 4 | Precision Drilling | 1.19 Bn | 1.14 Bn | 89.29 Mn | 19.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 802.04 Mn |
| 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 |