Nabors generated $797.5 million in Q4 2025 revenue and net income attributable to shareholders of $10.3 million, or $0.17 per diluted share. Adjusted EBITDA totaled $221.6 million, supported by solid performance in International Drilling and U.S. Drilling, while free cash flow improved significantly to $131.8 million.

Nabors Industries Ltd. reported a strong first quarter in 2025, with operating revenues of $736 million and a net income attributable to shareholders of $33 million, or $2.18 per diluted share. This performance was significantly boosted by a one-time, non-cash net gain of $113 million from the Parker transaction, which also contributed to the company's portfolio and free cash flow. Despite some challenges in the U.S. drilling segment, international operations showed improving performance, and strategic initiatives like the SANAD joint venture and the expanded alliance with Corva AI are expected to drive future growth.

Nabors Industries Ltd. reported a net loss of $54 million for the fourth quarter of 2024, a slight improvement from the $56 million net loss in the previous quarter, despite a marginal decrease in operating revenues to $730 million. Adjusted EBITDA for the quarter was $221 million, consistent with the prior quarter. The company is looking forward to the acquisition of Parker Wellbore, which is expected to close in Q1 2025, and anticipates stable market activity in early 2025.

Nabors Industries reported Q3 2024 operating revenues of $732 million and a net loss of $56 million. Adjusted EBITDA was $222 million. The company is focused on international growth and the acquisition of Parker Wellbore.

Nabors reported Q2 2024 operating revenues of $735 million and a net loss attributable to Nabors shareholders of $32 million, or $4.29 per diluted share. Adjusted EBITDA was $218 million. The company's performance was driven by growth in the International Drilling segment and stronger performance in Drilling Solutions and Rig Technologies.

Nabors reported first quarter 2024 operating revenues of $734 million, a net loss of $34 million, and adjusted EBITDA of $221 million. The company saw increased rig count in its International segment and firm pricing in the Lower 48 market.

Nabors Industries Ltd. reported Q4 2023 operating revenues of $726 million, with a net loss of $17 million. Adjusted EBITDA was $230 million. The company saw improvements in U.S. and International drilling margins and growth in Drilling Solutions and Rig Technologies segments.

Nabors Industries reported Q3 2023 operating revenues of $734 million with a net loss of $49 million. The company faced challenges with newbuild rigs in Saudi Arabia, but margins in the Lower 48 operation remained high. International markets continued to expand with higher pricing.

Nabors Industries Ltd. reported second quarter 2023 operating revenues of $767 million with a net income of $5 million. The company's international segment showed strong performance, offsetting weaknesses in the U.S. drilling market.

Nabors Industries Ltd. reported first quarter 2023 operating revenues of $779 million, a 2.5% increase compared to the previous quarter. The net income attributable to Nabors shareholders was $49 million, or $4.11 per diluted share. Adjusted EBITDA increased to $240 million, driven by growth in the U.S. Drilling and Drilling Solutions segments.

Nabors Industries Ltd. reported Q4 2022 operating revenues of $760 million, a 10% increase compared to the previous quarter. The net loss attributable to Nabors shareholders for the quarter was $69 million, or $7.87 per share. Adjusted EBITDA was $230 million, a 21% increase compared to the previous quarter.

Nabors reported Q3 2022 operating revenues of $694 million, a 10% increase compared to the previous quarter. The company's net loss was $14 million, or $1.80 per share. Adjusted EBITDA reached $191 million, a 21% increase from the prior quarter. The U.S. Drilling segment and International segment also showed growth.

Nabors Industries Ltd. reported second quarter 2022 operating revenues of $631 million, an increase of approximately 11%, compared to the first quarter of 2022. The net loss from continuing operations attributable to Nabors shareholders for the quarter was $83 million, or $9.41 per share. Second quarter adjusted EBITDA was $158 million, a 21% increase, compared to the previous quarter.

Nabors Industries Ltd. reported first quarter 2022 operating revenues of $569 million, a 5% increase compared to the previous quarter. The net loss was $184 million, or $22.51 per share, which includes a non-cash charge of $72 million related to warrant valuations. Adjusted EBITDA was $131 million. The company saw growth in the U.S. Drilling segment and Drilling Solutions.

Nabors Industries Ltd. reported Q4 2021 operating revenues of $544 million, a net loss of $114 million, and adjusted EBITDA of $132 million. The company saw growth in U.S. Drilling, Drilling Solutions, and Rig Technologies segments, with international operations also improving. Free cash flow for the quarter was $50 million.

Nabors Industries reported Q3 2021 operating revenues of $524 million. Adjusted EBITDA increased by 7% versus the second quarter even with the sale of Canada drilling operations. Free cash flow generation was excellent, leading to an improvement in leverage.

Nabors reported Q2 2021 operating revenues of $489 million and an adjusted EBITDA of $117 million. The company made progress on its goals to generate free cash flow and reduce net debt.

Nabors reported first quarter 2021 operating revenues of $461 million. The net loss from continuing operations attributable to Nabors common shareholders for the quarter was $141 million, or $20.16 per share. First quarter adjusted EBITDA of $108 million was in line with the strong fourth quarter. Nabors cut total debt by $70 million during the first quarter.

Nabors Industries Ltd. reported Q4 2020 operating revenues of $443 million. The net loss from continuing operations attributable to Nabors common shareholders for the quarter was $112 million, or $16.46 per share. Adjusted EBITDA was $108 million. The company successfully completed exchanges of its outstanding notes during the fourth quarter, which materially improved the Company’s leverage and its debt maturity profile.

Nabors Industries reported third quarter 2020 operating revenues of $438 million, with a net loss from continuing operations attributable to Nabors common shareholders of $161 million, or $23.42 per share. Adjusted EBITDA was $114 million. The third quarter appears to mark an inflection point in the Lower 48 industry rig market.

Nabors reported Q2 2020 operating revenues of $534 million. The company experienced a net loss of $152 million, or $22.13 per share. Adjusted EBITDA was $154 million. The company focused on cost and capital discipline, reducing overhead expenses and capital spending.

Nabors Industries reported first quarter 2020 operating revenues of $718 million. The net loss from continuing operations attributable to Nabors common shareholders for the quarter was $395 million, or $56.72 per share. Adjusted EBITDA was $188 million.

Nabors Industries reported Q4 2019 operating revenues of $714 million with a net loss of $267 million, impacted by asset impairments. Adjusted EBITDA was $203 million. The company reduced net debt by $218 million.