Nabors Industries (NBRWF) Operating Expenses (2009 - 2026)

Nabors Industries (NBRWF) 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 (NBRWF) 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 153.75 Bn 153.69 Bn 120.82 Mn 30.44 Mn
2 Noble 7.23 Bn 6.56 Bn 755.58 Mn 560.38 Mn
3 Transocean 6.52 Bn 5.90 Bn 475.00 Mn 798.00 Mn
4 Patterson Uti Energy 4.41 Bn 4.07 Bn 535.85 Mn 1.13 Bn
5 Helmerich & Payne 3.80 Bn 3.70 Bn 907.56 Mn 969.28 Mn
6 Seadrill 2.73 Bn 2.40 Bn 177.00 Mn 334.00 Mn
7 Sable Offshore 1.70 Bn 1.65 Bn -66.76 Mn 120.03 Mn
8 Borr Drilling 1.40 Bn 1.16 Bn - -144.70 Mn
9 Nabors Industries 1.38 Bn 1.26 Bn 290.08 Mn 765.29 Mn
10 Nabors Industries - - 290.08 Mn 765.29 Mn

Historic Data

Download Data
DateValue
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