Nabors Industries (NBR) Research & Development (2015 - 2026)
Nabors Industries (NBR) reported Research & Development of $14.21 million for Q2 2026, up 11.7% from $12.72 million a year earlier and up 5.2% from the prior quarter.
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Analysis
Nabors Industries (NBR) Research & Development (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Nabors Industries' Research & Development came in at $54.02 million, down 2.8% year-over-year; for FY2025, it was $53.06 million, down 7.0% from FY2024.
- Research & Development has a five-year compound annual growth rate of 9.6% (FY2020 to FY2025).
- By year, Research & Development came in at $57.06 million in FY2024 (+1.4%), $56.3 million in FY2023 (+12.7%), $49.94 million in FY2022 (+42.1%) and $35.15 million in FY2021 (+4.7%).
- The Q2 2026 figure ranks as the highest quarterly Research & Development since Q4 2024.
- Year over year, Research & Development gained in four of the last eight quarters, with an average decline of 1.7%.
- The high point for year-over-year Research & Development in five years was Q1 2022 (growth of 56.4%); the low point was Q2 2025 (a decline of 11.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $13.51 million (Q1 2026), $13.33 million (Q4 2025) and $12.98 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 171.00 Mn |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | 143.00 Mn |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | 25.70 Mn |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | - |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | - |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | - |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | 20.00 Mn |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | - |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | - |
| 10 | Nabors Industries | 1.26 Bn | -618.68 Mn | 309.38 Mn | 14.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.21 Mn |
| Mar 31, 2026 | 13.51 Mn |
| Dec 31, 2025 | 13.33 Mn |
| Sep 30, 2025 | 12.98 Mn |
| Jun 30, 2025 | 12.72 Mn |
| Mar 31, 2025 | 14.04 Mn |
| Dec 31, 2024 | 14.43 Mn |
| Sep 30, 2024 | 14.40 Mn |
| Jun 30, 2024 | 14.36 Mn |
| Mar 31, 2024 | 13.86 Mn |
| Dec 31, 2023 | 13.93 Mn |
| Sep 30, 2023 | 14.02 Mn |
| Jun 30, 2023 | 13.28 Mn |
| Mar 31, 2023 | 15.07 Mn |
| Dec 31, 2022 | 13.91 Mn |
| Sep 30, 2022 | 13.41 Mn |
| Jun 30, 2022 | 10.94 Mn |
| Mar 31, 2022 | 11.68 Mn |
| Dec 31, 2021 | 10.22 Mn |
| Sep 30, 2021 | 9.50 Mn |
API Access
Nabors Industries Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=NBR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NBR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=NBR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();