Nabors Industries (NBRWF) Research & Development (2015 - 2026)

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.