Nabors Industries (NBRWF) Gross Margin (2009 - 2026)

Nabors Industries (NBRWF) recorded quarterly Gross Margin of 37.02% in Q1 2026, down 1.13% quarter-over-quarter from 37.44% in Q4 2025, and down 222.0% on a YoY basis from 30.35% in Q1 2025.

Nabors Industries (NBRWF) Gross Margin (2009 - 2026) Analysis & Trends

Nabors Industries' Gross Margin history runs 18 years deep, the most recent figure standing at 37.02% for Q1 2026.

  • In Q1 2026, Gross Margin fell 222.0% year-over-year to 37.02%; the TTM figure through Mar 2026 stood at 38.96% (down 221.0% YoY), while the FY2025 annual figure was 39.89%, down 142.0% from the prior year.
  • Gross Margin was 37.02% for Q1 2026 at Nabors Industries, down from 37.44% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 43.61% in Q4 2024 to a low of 34.46% in Q1 2022.
  • Historically, Gross Margin has averaged 39.46% across 5 years, with a median of 39.86% in 2022.
  • The sharpest annual moves came in 2023 and 2025: Gross Margin soared 620 bps in 2023, then tumbled 616 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 39.86% in 2022, then slipped by 3 bps to 38.8% in 2023, then increased by 12 bps to 43.61% in 2024, then dropped by 14 bps to 37.44% in 2025, then retreated by 1 bps to 37.02% in 2026.
  • The last three Gross Margin figures came in at 37.02% (Q1 2026), 37.44% (Q4 2025), and 39.89% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Precision Drilling 153.75 Bn 153.69 Bn 120.82 Mn 31.50%
2 Noble 7.23 Bn 6.56 Bn 755.58 Mn 96.17%
3 Transocean 6.52 Bn 5.90 Bn 475.00 Mn 43.94%
4 Patterson Uti Energy 4.41 Bn 4.07 Bn 535.85 Mn 47.96%
5 Helmerich & Payne 3.80 Bn 3.70 Bn 907.56 Mn 97.34%
6 Seadrill 2.73 Bn 2.40 Bn 177.00 Mn 49.44%
7 Sable Offshore 1.70 Bn 1.65 Bn -66.76 Mn -5,252.71%
8 Borr Drilling 1.40 Bn 1.16 Bn - -
9 Nabors Industries 1.38 Bn 1.26 Bn 290.08 Mn 37.02%
10 Nabors Industries - - 290.08 Mn 37.02%

Historic Data

Download Data
DateValue
Mar 31, 2026 37.02%
Dec 31, 2025 37.44%
Sep 30, 2025 39.89%
Jun 30, 2025 41.30%
Mar 31, 2025 39.24%
Dec 31, 2024 43.61%
Sep 30, 2024 41.01%
Jun 30, 2024 40.75%
Mar 31, 2024 41.25%
Dec 31, 2023 38.80%
Sep 30, 2023 39.83%
Jun 30, 2023 41.51%
Mar 31, 2023 40.66%
Dec 31, 2022 39.86%
Sep 30, 2022 38.15%
Jun 30, 2022 36.00%
Mar 31, 2022 34.46%
Dec 31, 2021 36.12%
Sep 30, 2021 35.80%
Jun 30, 2021 36.14%