Filing Flows › Nabors Industries (NBR) › Q2 2026
Nabors Industries (NBR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 31, 2026
Nabors Industries (NBR) reported revenue of $815M for the second quarter 2026 (Q2 2026), -2% from a year earlier and +4% from the quarter before. Operating margin was 13.6%, net loss $1.5M (0.2% of revenue).
Nabors Industries, Q2 2026: revenue $815M (-2% year over year), operating margin 13.6%, net loss $1.5M, operating cash flow $135M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $815M | +4% | -2% |
| Operating profit | $110M | +16% | +50% |
| Net earnings | −$1.5M | -136% | — |
| Operating cash flow | $135M | +19% | -11% |
| Free cash flow | $12.3M | — | +24% |
What changed
Revenue was $814.8M in Q2 2026, down 2% year over year and up 4% from the previous quarter.
Operating profit was $110.4M, a 13.6% margin (down 1.8 points year over year). Total costs fell 0% while revenue fell 2%. The fastest-growing cost line was Research & development (+12%). The quarter ended with a net loss of $1.5M, after a profit of $4.3M the previous quarter. Net interest and other expense of $95.6M was the main reason.
Operating cash flow was $135.2M (down 11% year over year). Non-cash charges added back $4.5M of share-based compensation. Working capital and other items added $132.3M. After capital expenditures, net of proceeds from sales of assets ($122.9M), free cash flow as the company reports it was $12.3M.
Questions
What was Nabors Industries' revenue in the second quarter 2026?
Nabors Industries (NBR) reported revenue of $815M for the second quarter 2026 (Q2 2026), -2% from a year earlier and +4% from the quarter before.
Was Nabors Industries profitable in the second quarter 2026?
Operating profit was $110M (13.6% of revenue) and net loss $1.5M.
Source: Nabors Industries 10-Q on SEC EDGAR.