Nabors Industries Ltd. filed its quarterly report on Form 10-Q for the period ended September 30, 2026, with the SEC on November 4, 2026, disclosing operating revenues, net losses attributable to shareholders, and balance sheet data for the third quarter.

Key Highlights

  • Operating revenues of $872,194 thousand were reported for the three months ended September 30, 2026, compared with $818,190 thousand in the same period of 2025, according to the filing.
  • Net loss attributable to Nabors for Q3 2026 was $(11,165) thousand, or $(1.24) per basic and diluted share, versus net income of $274,198 thousand in Q3 2025.
  • Nine-month operating revenues reached $2,470,537 thousand through September 30, 2026, up from $2,387,164 thousand in the same period of 2025.
  • Total assets stood at $4,443,317 thousand as of September 30, 2026, down from $4,789,657 thousand at December 31, 2025.
  • Long-term debt, net, was $2,022,758 thousand at quarter-end, compared with $2,117,187 thousand at December 31, 2025.
  • Cash and cash equivalents were $475,072 thousand as of September 30, 2026, versus $940,707 thousand at December 31, 2025.

Nabors Industries Reports Q3 2026 Financial Results and Balance Sheet Position

According to the filing, Nabors Industries Ltd. (NYSE:NBR), a Bermuda-incorporated contract drilling company, generated operating revenues of $872,194 thousand for the three months ended September 30, 2026, an increase from $818,190 thousand recorded in the third quarter of 2025. For the nine months ended September 30, 2026, the company reported cumulative operating revenues of $2,470,537 thousand, compared with $2,387,164 thousand for the same period of 2025. The filing notes that related party revenues accounted for approximately $0.3 billion and $0.9 billion for the three- and nine-month periods ending September 30, 2026, respectively.

The company disclosed a net loss attributable to Nabors of $(11,165) thousand for Q3 2026, with basic and diluted loss per share both at $(1.24). This compares with net income attributable to Nabors of $274,198 thousand in Q3 2025, a period that included a gain on disposition of Quail Tools of $415,557 thousand. For the nine months ended September 30, 2026, the net loss attributable to Nabors was $(48,661) thousand, or $(4.81) per basic and diluted share. Interest expense for the nine-month period was $128,526 thousand, down from $164,741 thousand in the comparable 2025 period, the filing stated.

On the balance sheet, the filing reported total current liabilities of $679,993 thousand as of September 30, 2026, a reduction from $993,001 thousand at December 31, 2025, reflecting the elimination of a current portion of debt that had stood at $377,492 thousand at year-end 2025. Total shareholders' equity was reported at $565,912 thousand at quarter-end, compared with $590,727 thousand at December 31, 2025. Redeemable noncontrolling interest in subsidiary was $502,718 thousand as of September 30, 2026.

What Was Disclosed

Nabors Industries filed its Form 10-Q for the quarter ended September 30, 2026, disclosing quarterly and year-to-date operating revenues, net losses attributable to shareholders, per-share results, and condensed consolidated balance sheet data including total assets, long-term debt, and cash balances.