Nabors Industries (NBR) Revenue & Revenue Breakdown
Nabors Industries Revenue Highlights
Latest Revenue (Y)
$3.05B
Latest Revenue (Q)
$734.80M
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 |
|---|---|---|
| 2024-06-30 | $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 $734.80M in revenue during Q2 2024, up 0.15% compared to the previous quarter, and up 94.31% 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 |
|---|---|---|---|---|---|
| International Drilling | $1.20B | - | - | - | - |
| Drilling Solutions | $243.35M | $172.47M | $149.83M | $252.79M | $250.24M |
| 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 | 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 | Sep 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Drilling Solutions | $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 | $-60.92M |
| International Drilling | $356.73M | $337.65M | $320.05M | $317.58M | $306.36M | $296.32M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Rig Technologies | $49.55M | $63.56M | $58.48M | $62.80M | $50.50M | $45.09M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $63.64M |
| 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 | $-22.91M | - | - | - |
| 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 | $274.00M |
Nabors Industries's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: International Drilling (72.92%), Drilling Solutions (16.96%), and Rig Technologies (10.13%).
Nabors Industries Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Saudi Arabia | $712.80M | $645.00M | - | - | - |
| U.S. | $1.32B | - | - | - | - |
| 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 | - | - | - |
| Europe Africa And Cis | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.76M | $4.90M | $3.68M |
| Lower48 | - | - | - | - | - | - | - | - | - | - | - | - | - | $231.94M | $219.39M | $204.59M |
| Middle East And Asia | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.88M | $6.50M | $5.21M |
| Offshore Gulf Of Mexico | - | - | - | - | - | - | - | - | - | - | - | - | - | $31.94M | $32.06M | $20.99M |
| Alaska | - | - | - | - | - | - | - | - | - | - | - | - | - | $10.12M | $12.94M | $15.42M |
| C | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.48M | $10.22M | $3.39M |
| Latin America | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.60M | $1.92M | $1.66M |
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 | $1.35B |
| NBR | Nabors Industries | $3.05B | $734.80M |
| HP | Helmerich & Payne | $2.87B | $697.72M |
| RIG | Transocean | $2.83B | $861.00M |
| NE | Noble | $2.59B | $692.84M |
| PDS | Precision Drilling | $1.94B | $527.79M |
| DO | Diamond Offshore Drilling | $1.06B | $274.61M |
| 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 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). The company'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). NBR's quarterly revenue for Q4 2023 was $725.8M, a -1.11% decrease from the previous quarter (Q3 2023), and a -4.52% decrease year-over-year (Q4 2022).
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 International Drilling, Drilling Solutions, and Rig Technologies. International Drilling generated $1.2B in revenue, accounting 73.23% of the company's total revenue Drilling Solutions generated $243.35M in revenue, accounting 14.86% of the company's total revenue, up 41.09% year-over-year. 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.