Filing Flows › Nabors Industries (NBR) › Q3 2026
Nabors Industries (NBR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Nabors Industries (NBR) reported revenue of $872M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +7% from the quarter before. Operating margin was 15.7%, net earnings $16.0M (1.8% of revenue).
Nabors Industries, Q3 2026: revenue $872M (+7% year over year), operating margin 15.7%, net earnings $16.0M, operating cash flow $239M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $872M | +7% | +7% |
| Operating profit | $137M | +24% | +7% |
| Net earnings | $16.0M | — | -95% |
| Operating cash flow | $239M | +77% | +15% |
| Free cash flow | $74.5M | — | 13× |
What changed
Revenue was $872.2M in Q3 2026, up 7% year over year and up 7% from the previous quarter.
Operating profit was $136.8M, a 15.7% margin (up 0.1 points year over year). Of the extra revenue versus Q3 2025, 17% reached operating profit, above the 16% margin then. Total costs grew 7% against revenue growth of 7%. Net earnings were −$11.2M. The effective tax rate was 56.1%.
Operating cash flow was $238.9M (up 15% year over year), 1495% of net income including minority interests. Non-cash charges added back $4.5M of share-based compensation. Working capital and other items added $218.4M. After capital expenditures, net of proceeds from sales of assets ($164.4M), free cash flow as the company reports it was $74.5M.
Questions
What was Nabors Industries' revenue in the third quarter 2026?
Nabors Industries (NBR) reported revenue of $872M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +7% from the quarter before.
Was Nabors Industries profitable in the third quarter 2026?
Operating profit was $137M (15.7% of revenue) and net earnings $16.0M.
Source: Nabors Industries 10-Q on SEC EDGAR.