NBR · XBRL financial data

Nabors Industries financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (NBR's year ends in late December)

In millions of dollars	FY 2020Jan 31, 2021	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	—	2,018	2,654	3,006	2,930	3,185
Cost of goods and services sold	—	1,287	1,666	1,790	—	—
Research and development	—	35	50	56	57	53
General and administrative	—	214	228	244	249	305
Operating income (loss)	—	(81)	194	434	248	471
Interest expense	—	171	178	185	211	215
Other income (expense)	—	(53)	(7)	10	(14)	(12)
Income tax expense (benefit)	—	56	62	79	57	163
Net income (loss)	—	(569)	(350)	(12)	(176)	287
Earnings per share, basic USD per share	—	(76.58)	(40.52)	(5.49)	(22.37)	18.75
Earnings per share, diluted USD per share	—	(76.58)	(40.52)	(5.49)	(22.37)	17.39
Weighted average shares, basic millions of shares	—	8	9	9	9	13
Weighted average shares, diluted millions of shares	—	8	9	9	9	14

Fiscal years (NBR's year ends in late December)

In millions of dollars	FY 2020Jan 31, 2021	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	—	991	451	1,057	390	941
Short-term investments	—	0	1	13	8	0
Accounts receivable	—	288	327	348	388	392
Inventory	—	126	128	148	130	95
Total current assets	—	1,518	1,001	1,646	1,000	1,552
Property and equipment, net	—	3,332	3,026	2,899	2,831	2,920
Right-of-use asset	—	23	35	31	29	40
Total assets	—	5,525	4,730	5,278	4,504	4,790
Accounts payable	—	254	314	294	321	300
Accrued liabilities	—	247	—	—	—	—
Current portion of long-term debt	—	—	—	630	—	377
Total current liabilities	—	525	596	1,214	572	993
Long-term debt	—	3,263	2,538	2,512	2,505	2,117
Lease liability, non-current	—	19	28	26	22	30
Total liabilities	—	4,131	3,514	3,997	3,298	3,352
Accumulated deficit	—	(1,538)	(1,841)	(1,886)	(2,092)	(1,837)
Total stockholders' equity	—	591	369	327	135	591
Total liabilities and equity	—	5,525	4,730	5,278	4,504	4,790
Common shares outstanding (cover page) millions of shares	7	9	9	11	11	16

Fiscal years (NBR's year ends in late December)

In millions of dollars	FY 2020Jan 31, 2021	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	—	(569)	(350)	(12)	(176)	287
Stock-based compensation	—	19	16	16	17	23
Depreciation and amortization	—	693	665	645	—	—
Net cash from operating activities	—	429	501	638	581	693
Purchases of property and equipment	—	234	373	541	568	716
Net cash from investing activities	—	(117)	(369)	(570)	(555)	97
Dividends paid	—	7	0	0	0	—
Proceeds from long-term debt	—	700	—	900	550	700
Repayments of long-term debt	—	187	183	298	1,197	903
Net cash from financing activities	—	488	(662)	593	(662)	(567)
Net change in cash	—	798	(536)	637	(651)	220

The peer list for this company is being put together from its industry's latest filings. Reload the page in a minute to see it.

Not investment advice. Not affiliated with the U.S. SEC.