Nabors Energy Transition Corp. II (NETD) Financials
Newest figures come from the 10-Q for Q3 FY2025, filed Nov 13, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NETD SEC filings page.
This page shows Nabors Energy Transition Corp. II (NETD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Nabors Energy Transition Corp. II does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
For every $1 of reported earnings, Nabors Energy Transition Corp. II used $0.03 of operating cash (-$310K OCF vs $12.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Nabors Energy Transition Corp. II reported -$2.3M in net income in Q3 2025. This represents a decrease of 157.6% from the same quarter a year earlier. Against the prior quarter it is down 197.3%.
Not reported for Q3 2025.
Not reported for Q3 2025.
Not reported for Q3 2025.
Cash & Balance Sheet
Nabors Energy Transition Corp. II held $630K in cash as of Q3 2025; long-term debt is not reported for that period.
Not reported for Q3 2025.
Not reported for Q3 2025.
Margins & Returns
None of these metrics is reported for Q3 2025.
Capital Allocation
None of these metrics is reported for Q3 2025.
NETD Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | $3.8M+698.3% | $1.1M+308.2% | $2.5M+824.4% | N/A | $479K+88.7% | $260K+3400.7% | $265K | N/A |
| Operating Income | -$3.8M-698.3% | -$1.1M-308.2% | -$2.5M-824.4% | N/A | -$479K-88.7% | -$260K-3400.7% | -$265K | N/A |
| Net Income | -$2.3M-157.6% | $2.4M-34.1% | $876K-76.9% | N/A | $4.0M+13.2% | $3.6M+48195.0% | $3.8M | N/A |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Interest Expense, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
NETD Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $154.8M-53.1% | $339.8M+4.3% | $336.7M+4.6% | $333.5M+4.9% | $329.9M+5.1% | $325.6M+32226.6% | $322.0M | $318.0M |
| Current Assets | $669K-64.1% | $1.2M-40.3% | $1.6M-26.7% | $1.7M-22.3% | $1.9M-18.9% | $2.1M | $2.2M | $2.2M |
| Cash & Equivalents | $630K-61.7% | $1.2M-33.9% | $1.5M-24.6% | $1.6M-19.4% | $1.6M-18.6% | $1.8M | $1.9M | $2.0M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $168.3M-50.9% | $356.7M+5.5% | $352.6M+5.5% | $349.6M+6.0% | $342.8M+5.3% | $338.1M+34056.1% | $334.1M | $329.9M |
| Current Liabilities | $3.0M+1240.0% | $430K+61.2% | $540K+111.7% | $314K+60.1% | $221K+42.2% | $267K-64.0% | $255K | $196K |
| Non-Current Liabilities | $165.3M-51.7% | $356.2M+5.5% | $352.0M+5.4% | $349.3M+5.9% | $342.6M+5.3% | $337.8M+135018.7% | $333.9M | $329.7M |
| Total Equity | -$13.5M-4.4% | -$16.9M-36.1% | -$15.8M-30.3% | -$16.1M-35.0% | -$12.9M-10.2% | -$12.4M-70816.7% | -$12.2M | -$11.9M |
| Retained Earnings | -$13.5M-4.4% | -$16.9M-36.1% | -$15.8M-30.3% | -$16.1M-35.0% | -$12.9M-10.2% | -$12.4M-167232.9% | -$12.2M | -$11.9M |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
NETD Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
NETD Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$16.1M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Nabors Energy Transition Corp. II NETD | FY2024 | N/A | $12.0M | N/A | $246.0M | — |
| Dynamix Corporation Unit DYNXU | FY2025 | N/A | -$13.2M | N/A | $252.0M | — |
| Artius II Acquisition Inc. Units AACBU | FY2025 | N/A | $136K | N/A | N/A | — |
| Roman DBDR Acquisition Corp. II Unit DRDBU | FY2025 | N/A | $7.7M | N/A | N/A | — |
| Archimedes Tech SPAC Partners II Co. Unit ATIIU | FY2025 | N/A | $8.0M | N/A | N/A | — |
Where Nabors Energy Transition Corp. II Ranks
Frequently Asked Questions
Is Nabors Energy Transition Corp. II profitable?
Yes, Nabors Energy Transition Corp. II (NETD) reported a net income of $12.0M in fiscal year 2024.
What is Nabors Energy Transition Corp. II's operating cash flow?
Nabors Energy Transition Corp. II (NETD) recorded an outflow of $310K in operating cash flow during fiscal year 2024, representing cash used by core business activities.
What are Nabors Energy Transition Corp. II's total assets?
Nabors Energy Transition Corp. II (NETD) had $333.5M in total assets as of fiscal year 2024, including both current and long-term assets.
What is Nabors Energy Transition Corp. II's current ratio?
Nabors Energy Transition Corp. II (NETD) had a current ratio of 5.53 as of fiscal year 2024, which is generally considered healthy.
What is Nabors Energy Transition Corp. II's return on assets (ROA)?
Nabors Energy Transition Corp. II (NETD) had a return on assets of 3.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
Why is Nabors Energy Transition Corp. II's debt-to-equity ratio negative or not reported?
Nabors Energy Transition Corp. II (NETD) has negative shareholder equity of -$16.1M as of fiscal year 2024, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
Are Nabors Energy Transition Corp. II's earnings high quality?
For every $1 of reported earnings, Nabors Energy Transition Corp. II (NETD) used $0.03 of operating cash (-$310K OCF vs $12.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.