Filing Flows › Nabors Industries (NBR) › Q2 2025
Nabors Industries (NBR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 1, 2025
Nabors Industries (NBR) reported revenue of $833M for the second quarter 2025 (Q2 2025), +13% from a year earlier and +13% from the quarter before. Operating margin was 8.8%, net loss $2.2M (0.3% of revenue).
Nabors Industries, Q2 2025: revenue $833M (+13% year over year), operating margin 8.8%, net loss $2.2M, operating cash flow $152M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $833M | +13% | +13% |
| Operating profit | $73.4M | +42% | — |
| Net earnings | −$2.2M | -107% | — |
| Operating cash flow | $152M | +73% | -16% |
| Free cash flow | $10.0M | — | — |
What changed
Revenue was $832.8M in Q2 2025, up 13% year over year and up 13% from the previous quarter.
Operating profit was $73.4M, a 8.8% margin (up 0.9 points year over year). Of the extra revenue versus a year earlier, 16% reached operating profit, above the 8% margin then. Total costs grew 12% against revenue growth of 13%. The fastest-growing cost line was Other operating costs (+315%). The quarter ended with a net loss of $2.2M, after a profit of $57.2M the previous quarter. Net interest and other expense of $52.5M was the main reason.
Operating cash flow was $151.8M (down 16% year over year). Non-cash charges added back $4.5M of share-based compensation. Working capital and other items added $149.5M. After capital expenditures, net of proceeds from sales of assets ($141.8M), free cash flow as the company reports it was $10.0M.
Questions
What was Nabors Industries' revenue in the second quarter 2025?
Nabors Industries (NBR) reported revenue of $833M for the second quarter 2025 (Q2 2025), +13% from a year earlier and +13% from the quarter before.
Was Nabors Industries profitable in the second quarter 2025?
Operating profit was $73.4M (8.8% of revenue) and net loss $2.2M.
Source: Nabors Industries 10-Q on SEC EDGAR.