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Nabors Industries vs Noble: NBR and NE compared
Nabors Industries is the larger company: $872M of revenue in its latest quarter (Q3 2026) against $729M for Noble (Q3 2026). Nabors Industries is growing faster (+7% against -9% a year earlier). Nabors Industries is more profitable, with an operating margin of 15.7% against 8.2%.
Where the money goes: NBR and NE
Nabors Industries (NBR) · Q3 2026
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.
Noble (NE) · Q3 2026
Noble, Q3 2026: revenue $729M (-9% year over year), operating margin 8.2%, net loss $117M, operating cash flow $144M. The chart follows the revenue to costs, profit and cash.
| Nabors Industries (NBR) | Noble (NE) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $872M | $729M |
| Revenue growth, Y/Y | +7% | -9% |
| Operating margin | 15.7% | 8.2% |
| Net earnings | $16.0M | −$117M |
| Net margin | 1.8% | -16.1% |
| Operating cash flow | $239M | $144M |
| Free cash flow | $74.5M | — |
| Market value | $1.1B | $6.5B |
| P/E | — | 123.8× |
| Analysts’ mean target | $107.38 | $47.17 |
Where the revenue comes from
Noble
- Oil and Gas Service: $684M (94%)
- Service, Other: $45.1M (6%)
Questions
Which is bigger, Nabors Industries or Noble?
Nabors Industries is the larger company: $872M of revenue in its latest quarter (Q3 2026) against $729M for Noble (Q3 2026).
Is Nabors Industries or Noble growing faster?
Nabors Industries is growing faster (+7% against -9% a year earlier).
Which is more profitable, Nabors Industries or Noble?
Nabors Industries is more profitable, with an operating margin of 15.7% against 8.2%.
More: Nabors Industries earnings · how Nabors Industries makes money · Noble earnings · how Noble makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Oct 27, 2026). Fiscal quarters can end on different dates. Not investment advice.