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How Nabors Industries (NBR) makes money

Nabors Industries (NBR) made $872M of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Of every dollar of revenue, 16¢ was left as operating profit, 2¢ was left as net earnings.

Drawing the Sankey…

Nabors Industries revenue by quarterNabors Industries revenue by quarter$736MQ1 2025$833MQ2 2025$818MQ3 2025$798MQ4 2025$784MQ1 2026$815MQ2 2026$872MQ3 2026
Nabors Industries: where each dollar of revenue goesNabors Industries: where each dollar of revenue goesOperating profit16¢Income tax2¢Net earnings2¢Operating cash flow27¢Free cash flow9¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$872M100.0%
Operating profit$137M15.7%
Income tax$20.4M2.3%
Net earnings$16.0M1.8%
Operating cash flow$239M27.4%
Free cash flow$74.5M8.5%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$872M+7%
Q2 2026$815M-2%
Q1 2026$784M+6%
Q4 2025$798M+9%
Q3 2025$818M+12%
Q2 2025$833M+13%
Q1 2025$736M+0.3%

From Nabors Industries' 10-Q filed Nov 4, 2026 (on EDGAR).

Questions

How does Nabors Industries make money?

Nabors Industries (NBR) made $872M of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Of every dollar of revenue, 16¢ was left as operating profit, 2¢ was left as net earnings.

What is Nabors Industries' profit margin?

Net earnings were $16.0M, 1.8% of revenue, in the third quarter 2026; the operating margin was 15.7%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.