Nabors Industries Ltd.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-22.3M | $-15.2M | $10.3M | $274.2M | $-30.9M | $33.0M | $-53.7M | $-55.8M |
| Depreciation & Amortization | $160.5M | $156.2M | $159.2M | $160.3M | $175.1M | $154.6M | $156.3M | $159.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $4.5M | $4.4M | $8.8M | $6.0M | $4.5M | $4.1M | $4.7M | $4.1M |
| Net Cash from Operating Activities | $135.2M | $113.3M | $245.8M | $207.9M | $151.8M | $87.7M | $148.9M | $143.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $125.6M | $165.0M | $164.4M | $188.1M | $198.5M | $165.0M | $207.1M | $117.9M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-122.8M | $-169.5M | $141.5M | $166.5M | $-135.9M | $-74.9M | $-202.2M | $-126.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | $0 | $0 |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-1.9M | $-383.2M | $-27.3M | $-518.2M | $-19.4M | $-2.0M | $-28.0K | $-25.7M |
| Net Change in Cash | $9.5M | $-440.4M | $359.0M | $-144.3M | $-5.3M | $10.4M | $-58.1M | $-9.4M |
| Free Cash Flow | $9.6M | $-51.6M | $81.4M | $19.8M | $-46.7M | $-77.2M | $-58.2M | $25.7M |