Nabors Industries (NBR) Revenue & Revenue Breakdown

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Nabors Industries Revenue Highlights

Latest Revenue (Y)

$3.05B

Latest Revenue (Q)

$743.31M

Main Segment (Y)

International Drilling

Main Geography (Y)

Outside the U.S

Nabors Industries Revenue by Period

Nabors Industries Revenue by Year

Date	Revenue	Change
2023-12-31	$3.05B	14.92%
2022-12-31	$2.65B	31.53%
2021-12-31	$2.02B	-5.46%
2020-12-31	$2.13B	-29.88%
2019-12-31	$3.04B	-0.47%
2018-12-31	$3.06B	19.24%
2017-12-31	$2.56B	15.10%
2016-12-31	$2.23B	-42.35%
2015-12-31	$3.86B	-43.21%
2014-12-31	$6.80B	10.60%
2013-12-31	$6.15B	-11.98%
2012-12-31	$6.99B	15.33%
2011-12-31	$6.06B	43.76%
2010-12-31	$4.22B	20.33%
2009-12-31	$3.50B	-33.94%
2008-12-31	$5.30B	7.35%
2007-12-31	$4.94B	-0.04%
2006-12-31	$4.94B	39.19%
2005-12-31	$3.55B	45.05%
2004-12-31	$2.45B	27.32%
2003-12-31	$1.92B	26.59%
2002-12-31	$1.52B	-28.39%
2001-12-31	$2.12B	59.83%
2000-12-31	$1.33B	106.62%
1999-12-31	$642.30M	-33.66%
1998-12-31	$968.20M	-5.94%
1997-09-30	$1.03B	43.02%
1996-09-30	$719.70M	25.65%
1995-09-30	$572.80M	35.54%
1994-09-30	$422.60M	20.06%
1993-09-30	$352.00M	-

Nabors Industries generated $3.05B in revenue during NA 2023, up 14.92% compared to the previous quarter, and up 99.74% compared to the same period a year ago.

Nabors Industries Revenue by Quarter

Date	Revenue	Change
2024-09-30	$743.31M	1.16%
2024-06-30	$734.80M	0.15%
2024-03-31	$733.70M	1.09%
2023-12-31	$725.80M	-1.11%
2023-09-30	$733.97M	-4.31%
2023-06-30	$767.07M	-1.55%
2023-03-31	$779.14M	2.50%
2022-12-31	$760.15M	9.51%
2022-09-30	$694.14M	10.02%
2022-06-30	$630.94M	10.98%
2022-03-31	$568.54M	4.60%
2021-12-31	$543.54M	3.70%
2021-09-30	$524.16M	7.12%
2021-06-30	$489.33M	6.26%
2021-03-31	$460.51M	3.86%
2020-12-31	$443.40M	1.15%
2020-09-30	$438.35M	-17.90%
2020-06-30	$533.93M	-25.67%
2020-03-31	$718.36M	0.57%
2019-12-31	$714.26M	-5.78%
2019-09-30	$758.08M	-1.73%
2019-06-30	$771.41M	-3.53%
2019-03-31	$799.64M	2.25%
2018-12-31	$782.08M	0.34%
2018-09-30	$779.42M	2.30%
2018-06-30	$761.92M	3.78%
2018-03-31	$734.19M	3.66%
2017-12-31	$708.28M	6.97%
2017-09-30	$662.10M	4.87%
2017-06-30	$631.36M	12.23%
2017-03-31	$562.55M	4.38%
2016-12-31	$538.95M	3.70%
2016-09-30	$519.73M	-9.07%
2016-06-30	$571.59M	-4.35%
2016-03-31	$597.57M	-19.12%
2015-12-31	$738.87M	-12.82%
2015-09-30	$847.55M	-1.82%
2015-06-30	$863.30M	-38.98%
2015-03-31	$1.41B	-20.69%
2014-12-31	$1.78B	-1.65%
2014-09-30	$1.81B	12.17%
2014-06-30	$1.62B	1.72%
2014-03-31	$1.59B	-1.13%
2013-12-31	$1.61B	3.67%
2013-09-30	$1.55B	3.97%
2013-06-30	$1.49B	-5.51%
2013-03-31	$1.58B	-1.06%
2012-12-31	$1.60B	-9.67%
2012-09-30	$1.77B	1.69%
2012-06-30	$1.74B	-8.11%
2012-03-31	$1.89B	11.24%
2011-12-31	$1.70B	4.59%
2011-09-30	$1.62B	19.92%
2011-06-30	$1.35B	-1.91%
2011-03-31	$1.38B	3.73%
2010-12-31	$1.33B	24.53%
2010-09-30	$1.07B	16.50%
2010-06-30	$917.80M	1.60%
2010-03-31	$903.35M	33.02%
2009-12-31	$679.12M	-15.49%
2009-09-30	$803.57M	-8.48%
2009-06-30	$877.99M	-23.17%
2009-03-31	$1.14B	-7.73%
2008-12-31	$1.24B	-14.85%
2008-09-30	$1.45B	11.60%
2008-06-30	$1.30B	0.27%
2008-03-31	$1.30B	-

Nabors Industries generated $743.31M in revenue during Q3 2024, up 1.16% compared to the previous quarter, and up 96.90% compared to the same period a year ago.

Nabors Industries Revenue Breakdown

Nabors Industries Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Drilling Solutions	$243.35M	$172.47M	$149.83M	$252.79M	$250.24M
International Drilling	$1.20B	-	-	-	-
Rig Technologies	$195.13M	$149.27M	$131.56M	$260.23M	$270.99M
US Segment	-	$669.66M	-	-	-
U S Segment	-	-	$713.06M	$1.24B	$1.08B
Rig Services	-	-	-	-	$270.99M

Nabors Industries's latest annual revenue breakdown by segment (product or service), as of Dec 22: International Drilling (73.23%), Drilling Solutions (14.86%), and Rig Technologies (11.91%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Drilling Solutions	$79.54M	$82.96M	$76.86M	$75.04M	$71.31M	$61.98M	$55.88M	$54.18M	$51.78M	$45.88M	$39.11M	$35.71M	$32.00M	$29.32M	$33.13M	$55.38M	$60.50M	$62.29M	$64.58M	$65.42M
Rig Technologies	$45.81M	$49.55M	$63.56M	$58.48M	$62.80M	$50.50M	$45.09M	-	-	-	-	-	-	-	-	-	-	-	-	-
International Drilling	$368.59M	$356.73M	$337.65M	$320.05M	$317.58M	$306.36M	$296.32M	-	-	-	-	-	-	-	-	-	-	-	-	-
Rig Services	-	-	-	-	-	-	-	$36.74M	$46.92M	$42.05M	$34.55M	$25.75M	$27.36M	$28.47M	$33.58M	$42.15M	$52.62M	$63.11M	$72.75M	$71.75M
US Segment	-	-	-	-	-	-	-	$217.58M	$192.31M	-	-	-	-	-	-	-	-	-	-	-
Other	-	-	-	-	-	-	-	$-18.99M	$-13.25M	$-13.53M	$-11.07M	$-8.85M	$-11.21M	$-16.77M	$-15.59M	$-27.62M	$-20.32M	-	-	-
U S Segment	-	-	-	-	-	-	-	-	-	$173.44M	$161.61M	$142.30M	$134.13M	$130.24M	$173.78M	$274.90M	$289.52M	$307.81M	$323.40M	$320.21M

Nabors Industries's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: International Drilling (74.62%), Drilling Solutions (16.10%), and Rig Technologies (9.27%).

Nabors Industries Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
U.S.	$1.32B	-	-	-	-
Saudi Arabia	$712.80M	$645.00M	-	-	-
Outside the U.S	$1.33B	$1.21B	-	-	-
UNITED STATES	-	$804.81M	-	-	-
U	-	-	$841.53M	$1.55B	$1.35B
S	-	-	$642.70M	$696.40M	$764.50M
Non Us	-	-	$1.29B	$1.49B	$1.71B

Nabors Industries's latest annual revenue breakdown by geography, as of Dec 22: Outside the U.S (39.51%), U.S. (39.31%), and Saudi Arabia (21.17%).

Quarterly Revenue by Country

Country	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Sep 18	Jun 18	Mar 18
International Excluding Canada	$279.03M	$271.07M	$270.01M	$255.28M	$246.84M	$245.09M	$248.39M	$301.08M	$337.11M	$331.70M	$328.28M	$326.90M	$337.26M	-	-	-
US Segment	$217.58M	$192.31M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Canada Segment	-	-	$6.03M	$12.31M	$20.99M	$14.82M	$10.77M	$3.56M	$25.59M	$19.38M	$12.19M	$11.39M	$25.32M	-	-	-
U S Segment	-	-	$173.44M	$161.61M	$142.30M	$134.13M	$130.24M	$173.78M	$274.90M	$289.52M	$307.81M	$323.40M	$320.21M	-	-	-
Lower48	-	-	-	-	-	-	-	-	-	-	-	-	-	$231.94M	$219.39M	$204.59M
Middle East And Asia	-	-	-	-	-	-	-	-	-	-	-	-	-	$7.88M	$6.50M	$5.21M
Latin America	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.60M	$1.92M	$1.66M
Europe Africa And Cis	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.76M	$4.90M	$3.68M
C	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.48M	$10.22M	$3.39M
Alaska	-	-	-	-	-	-	-	-	-	-	-	-	-	$10.12M	$12.94M	$15.42M
Offshore Gulf Of Mexico	-	-	-	-	-	-	-	-	-	-	-	-	-	$31.94M	$32.06M	$20.99M

Nabors Industries's latest quarterly revenue breakdown by geography, as of Mar 22: International Excluding Canada (56.19%), and US Segment (43.81%).

Nabors Industries Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PTEN	Patterson-UTI Energy	$4.15B	$1.36B
NBR	Nabors Industries	$3.05B	$743.31M
RIG	Transocean	$2.83B	$948.00M
HP	Helmerich & Payne	$2.76B	$697.72M
NE	Noble	$2.59B	$800.55M
PDS	Precision Drilling	$1.94B	$527.79M
BORR	Borr Drilling	$800.73M	$227.49M

NBR Revenue FAQ

What is Nabors Industries’s yearly revenue?

Nabors Industries's yearly revenue for 2023 was $3.05B, representing an increase of 14.92% compared to 2022. The company's yearly revenue for 2022 was $2.65B, representing an increase of 31.53% compared to 2021. NBR's yearly revenue for 2021 was $2.02B, representing a decrease of -5.46% compared to 2020.

What is Nabors Industries’s quarterly revenue?

Nabors Industries's quarterly revenue for Q3 2024 was $743.31M, a 1.16% increase from the previous quarter (Q2 2024), and a 1.27% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $734.8M, a 0.15% increase from the previous quarter (Q1 2024), and a -4.21% decrease year-over-year (Q2 2023). NBR's quarterly revenue for Q1 2024 was $733.7M, a 1.09% increase from the previous quarter (Q4 2023), and a -5.83% decrease year-over-year (Q1 2023).

What is Nabors Industries’s revenue growth rate?

Nabors Industries's revenue growth rate for the last 3 years (2021-2023) was 51.16%, and for the last 5 years (2019-2023) was 0.21%.

What are Nabors Industries’s revenue streams?

Nabors Industries's revenue streams in c 22 are Drilling Solutions, International Drilling, and Rig Technologies. Drilling Solutions generated $243.35M in revenue, accounting 14.86% of the company's total revenue, up 41.09% year-over-year. International Drilling generated $1.2B in revenue, accounting 73.23% of the company's total revenue Rig Technologies generated $195.13M in revenue, accounting 11.91% of the company's total revenue, up 30.72% year-over-year.

What is Nabors Industries’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of Nabors Industries was International Drilling. This segment made a revenue of $1.2B, representing 73.23% of the company's total revenue.