Nabors Industries Ltd. (NBR) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
NBR Revenue Growth
Revenue Breakdown (FY 2025)
NBR's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
NBR Revenue Analysis (2014–2025)
As of May 8, 2026, Nabors Industries Ltd. (NBR) generated trailing twelve-month (TTM) revenue of $3.18 billion, reflecting solid growth of +9.3% year-over-year. The most recent quarter (Q4 2025) recorded $797.5 million in revenue, down 2.5% sequentially.
Looking at the longer-term picture, NBR's 5-year compound annual growth rate (CAGR) stands at +8.3%, indicating steady revenue expansion. The company achieved its highest annual revenue of $6.80 billion in 2014.
Revenue diversification analysis shows NBR's business is primarily driven by International Drilling (72%), Drilling Solutions (23%), and Rig Technologies (7%). With over half of revenue concentrated in International Drilling, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including HP (+29.7% YoY), PD (+5.4% YoY), and PTEN (-9.4% YoY), NBR has underperformed the peer group in terms of revenue growth. Compare NBR vs HP →
NBR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NBRCurrent | $3.2B | +9.3% | +8.3% | 8.3% | |
 HP | $3.7B | +29.7% | +16.1% | 6.2% | |
 PD | $493M | +5.4% | +18.2% | 1.2% | |
 PTEN | $4.8B | -9.4% | +33.8% | -0.5% | |
 KRP | $334M | -1.2% | +29.1% | 39.8% | |
 SLB | $35.7B | -1.6% | +8.6% | 15.3% |
NBR Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.18B | +8.7% | $621.1M | 19.5% | $263.4M | 8.3% |
| 2024 | $2.93B | -2.5% | $554.3M | 18.9% | $247.9M | 8.5% |
| 2023 | $3.01B | +13.3% | $1.22B | 40.4% | $915.2M | 30.4% |
| 2022 | $2.65B | +31.5% | $987.8M | 37.2% | $709.4M | 26.7% |
| 2021 | $2.02B | -5.5% | $730.2M | 36.2% | $481.1M | 23.8% |
| 2020 | $2.13B | -29.9% | $798.0M | 37.4% | $558.0M | 26.1% |
| 2019 | $3.04B | -0.5% | $238.0M | 7.8% | $-71,129,000 | -2.3% |
| 2018 | $3.06B | +19.2% | $1.08B | 35.3% | $744.6M | 24.4% |
| 2017 | $2.56B | +15.1% | $846.2M | 33.0% | $544.0M | 21.2% |
| 2016 | $2.23B | -42.4% | $883.5M | 39.7% | $622.3M | 27.9% |
See NBR's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs NBR Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare NBR vs SOC
Side-by-side business, growth, and profitability comparison vs Sable Offshore Corp..
Start ComparisonNBR — Frequently Asked Questions
Quick answers to the most common questions about buying NBR stock.
Is NBR's revenue growth accelerating or slowing?
NBR maintains +9.3% revenue growth, in line with its 5-year CAGR of +8.3%. TTM revenue stands at $3.2B. Growth rate remains consistent with historical average.
What is NBR's long-term revenue growth rate?
Nabors Industries Ltd.'s 5-year revenue CAGR of +8.3% reflects the sustained expansion pattern. Current YoY growth of +9.3% is near this long-term average.
How is NBR's revenue distributed by segment?
NBR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.