Nabors Industries (NBR) Research & Development (2015 - 2026)
Nabors Industries (NBR) recorded quarterly Research & Development of $13.5 million in Q1 2026, up 1.34% quarter-over-quarter from $13.3 million in Q4 2025, and down 3.77% on a YoY basis from $14.0 million in Q1 2025.
Nabors Industries (NBR) Research & Development (2015 - 2026) Analysis & Trends
Nabors Industries' Research & Development history runs 12 years deep, the most recent figure standing at $13.5 million for Q1 2026.
- In Q1 2026, Research & Development fell 3.77% year-over-year to $13.5 million; the TTM figure through Mar 2026 stood at $52.5 million (down 8.21% YoY), while the FY2025 annual figure was $53.1 million, down 7.01% from the prior year.
- Research & Development was $13.5 million for Q1 2026 at Nabors Industries, up from $13.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $15.1 million in Q1 2023 to a low of $10.9 million in Q2 2022.
- Historically, Research & Development has averaged $13.5 million across 5 years, with a median of $13.9 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Research & Development jumped 56.39% in 2022, then declined 11.42% in 2025.
- A 5-year view of Research & Development shows it stood at $13.9 million in 2022, then increased by 0.11% to $13.9 million in 2023, then gained by 3.65% to $14.4 million in 2024, then fell by 7.66% to $13.3 million in 2025, then rose by 1.34% to $13.5 million in 2026.
- The last three Research & Development figures came in at $13.5 million (Q1 2026), $13.3 million (Q4 2025), and $13.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | - |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | - |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | - |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 7.02 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 13.51 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 7.97 Mn |