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Nabors Industries (NBR) Revenue by Segment

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Revenue by Segment

Breaks down sales across the company’s business units so investors can see where growth and concentration lie. Highlights dependence on particular services, exposure to oil and gas activity or regional markets, and trends in demand for rigs, drilling services, and technology that drive top-line performance.

-$200.00M$0.00$200.00M$400.00M$600.00M$800.00MMar 21Jun 21Sep 21Dec 21Mar 22Jun 22Sep 22Dec 22Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Chart Insights

Nabors’ growth is increasingly driven by International Drilling while US Drilling has moved from peak expansion to a choppier, more cyclical profile with recent recovery—meaning revenue concentration abroad now matters more to results. Canada drilling has effectively disappeared, reducing geographic diversification. Drilling Solutions and Rig Technologies show pronounced lumpiness—a mid‑2025 revenue spike and a one‑quarter Rig Technologies jump—suggesting contract timing, project revenue or one‑offs rather than steady organic growth. The persistent negative “Other” line remains a small but recurring drag on consolidated margins.

NBR Revenue by Segment

DateOtherUS DrillingCanada DrillingInternational DrillingDrilling SolutionsRig Technologies
Sep 30, 2026-$19.09M$274.93M$0.00$458.54M$116.06M$41.75M
Jun 30, 2026-$18.29M$252.46M$0.00$432.50M$110.64M$37.48M
Mar 31, 2026-$10.54M$241.14M$0.00$419.50M$106.22M$106.22M
Dec 31, 2025-$12.56M$240.62M$0.00$423.84M$107.88M$37.75M
Sep 30, 2025-$16.42M$249.84M$0.00$407.24M$141.94M$35.60M
Jun 30, 2025-$14.43M$255.44M$0.00$384.97M$170.28M$36.53M
Mar 31, 2025-$13.62M$230.75M$0.00$381.72M$93.18M$44.16M
Dec 31, 2024-$15.38M$241.64M$0.00$371.41M$75.99M$56.17M
Sep 30, 2024-$16.91M$254.77M$0.00$368.59M$79.54M$45.81M
Jun 30, 2024-$14.16M$259.72M$0.00$356.73M$82.96M$49.55M
Mar 31, 2024-$13.37M$271.99M$0.00$349.36M$75.57M$50.16M
Dec 31, 2023-$19.05M$265.76M$0.00$342.77M$77.03M$59.29M
Sep 30, 2023-$21.46M$276.38M$0.00$344.78M$72.83M$61.44M
Jun 30, 2023-$25.83M$314.83M$0.00$337.65M$76.86M$63.56M
Mar 31, 2023-$25.08M$350.65M$0.00$320.05M$75.04M$58.48M
Dec 31, 2022-$24.38M$332.85M$0.00$317.58M$71.31M$62.80M
Sep 30, 2022-$21.87M$297.18M$0.00$306.36M$61.98M$50.50M
Jun 30, 2022-$19.36M$253.01M$0.00$296.32M$55.88M$45.09M
Mar 31, 2022-$18.99M$217.58M$0.00$279.03M$54.18M$36.74M
Dec 31, 2021-$18.54M$192.31M$0.00$271.07M$51.78M$46.92M
Sep 30, 2021-$13.25M$173.44M$6.03M$270.01M$45.88M$42.05M
Jun 30, 2021-$13.53M$161.61M$12.31M$255.28M$39.11M$34.55M
Mar 31, 2021-$11.07M$142.30M$20.99M$246.84M$35.71M$25.75M