20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
National Energy Services Reunited Corp Ordinary Shares (NESR) operates in the OIL & GAS EQUIPMENT & SERVICES industry and is headquartered in Houston, United States with about 7,352 employees. Its market capitalization is roughly $3 billion. In the fiscal year ended 2025-12-31, NESR reported $1.3B in revenue and $51M in net income.
National Energy Services Reunited Corp. provides oilfield services in the Middle East and North Africa.
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| Income statement | TTM → 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.6B | $1.3B | $1.3B | $1.1B | $910M | $877M | $834M | $658M | $271M | $271M | — |
| Gross Profit | $202M | $146M | $209M | $130M | $65M | ($15M) | $62M | $136M | $71M | $71M | — |
| Gross Margin % | 12.5% | 11.0% | 16.0% | 11.3% | 7.2% | -1.7% | 7.4% | 20.6% | 26.2% | 26.2% | — |
| Operating Income (EBIT) | $151M | $98M | $138M | $81M | ($1M) | ($43M) | $35M | $72M | $40M | $40M | — |
| Operating Margin % | 9.3% | 7.4% | 10.6% | 7.0% | -0.1% | -4.9% | 4.2% | 10.9% | 14.8% | 14.6% | — |
| Net Income | $93M | $51M | $76M | $13M | ($36M) | ($65M) | $17M | $39M | $28M | $31M | — |
| Net Margin % | 5.8% | 3.9% | 5.9% | 1.1% | -4.0% | -7.4% | 2.0% | 6.0% | 10.4% | 11.3% | — |
| EBITDA | $286M | $235M | $278M | $218M | — | $77M | $166M | $160M | $100M | $78M | — |
| Earnings Per Share (EPS) | $0.91 | $0.52 | $0.80 | $0.13 | $-0.39 | $-0.71 | $0.19 | $0.45 | $0.33 | $0.71 | — |
| Shares Outstanding (M) | 103M | 99M | 96M | 95M | 94M | 91M | 89M | 87M | 86M | 43M | 29M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $521M | $405M | $398M | $295M | $327M | $303M | $344M | $336M |
| Gross Profit | $81M | $47M | $43M | $31M | $39M | $33M | $59M | $53M |
| Gross Margin % | 15.6% | 11.7% | 10.9% | 10.4% | 12.0% | 10.8% | 17.2% | 15.9% |
| Operating Income (EBIT) | $65M | $36M | $31M | $20M | $27M | $21M | $44M | $35M |
| Operating Margin % | 12.4% | 8.9% | 7.7% | 6.6% | 8.3% | 6.9% | 12.7% | 10.5% |
| Net Income | $44M | $24M | $8M | $18M | $15M | $10M | $27M | $21M |
| Net Margin % | 8.5% | 5.9% | 2.0% | 6.0% | 4.6% | 3.4% | 7.8% | 6.1% |
| EBITDA | $102M | $71M | $58M | $55M | $64M | $58M | $80M | $70M |
| Earnings Per Share (EPS) | $0.43 | $0.23 | $0.08 | $0.18 | $0.16 | $0.11 | $0.28 | $0.22 |
| Shares Outstanding (M) | 103M | 103M | 102M | 101M | 98M | 97M | 96M | 96M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | TTM → 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $350M | $264M | $229M | $177M | $93M | $128M | $134M | $93M | $62M | $83M |
| Capital Expenditures (CapEx) | $194M | $143M | $105M | $68M | $122M | $107M | $83M | $112M | $33M | $49M |
| Free Cash Flow (FCF) | $156M | $121M | $124M | $109M | ($30M) | $21M | $52M | ($19M) | $29M | $35M |
| FCF Margin % | 9.7% | 9.1% | 9.5% | 9.5% | -3.3% | 2.4% | 6.2% | -2.9% | 10.5% | 12.7% |
| Dividends Paid | — | — | — | — | — | — | $0M | $20M | $48M | $20M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $174M | $31M | $139M | $7M | $98M | $20M | $46M | $71M |
| Capital Expenditures (CapEx) | $74M | $36M | $43M | $41M | $30M | $30M | $25M | $27M |
| Free Cash Flow (FCF) | $100M | ($5M) | $96M | ($34M) | $69M | ($10M) | $21M | $43M |
| FCF Margin % | 19.2% | -1.3% | 24.0% | -11.5% | 21.0% | -3.2% | 6.2% | 12.9% |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.1B | $1.9B | $1.8B | $1.8B | $1.8B | $1.8B | $1.7B | $1.5B | $1.4B | $231M |
| Cash & Cash Equivalents | $175M | $125M | $108M | $68M | $79M | $206M | $75M | $73M | $20M | $1M |
| Total Liabilities | $1.1B | $884M | $865M | $976M | $1.0B | $1.0B | $747M | $640M | $505M | $12M |
| Total Debt (Short + Long-Term) | $116M | $313M | $388M | $460M | $392M | $596M | $410M | $384M | $295M | $0M |
| Total Shareholders' Equity | $1.0B | $968M | $908M | $821M | $802M | $821M | $944M | $886M | $855M | $219M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive NESR viewer.
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