National Energy Services Reunited Corp. (NESR)
NASDAQ: NESR · Real-Time Price · USD
33.03
+0.31 (0.95%)
At close: Aug 21, 2026, 4:00 PM EDT
32.69
-0.34 (-1.03%)
After-hours: Aug 21, 2026, 7:58 PM EDT

NESR Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,6191,3241,3021,146909.52876.73
Revenue Growth
23.55%1.72%13.59%25.99%3.74%5.10%
Gross Profit
215.01164.73208.67148.6565.482.78
Operating Income
149.6698.32137.780.7-0.92-43.33
Net Income
93.3851.1376.3112.58-36.42-64.57
Earnings Per Share
0.920.520.800.13-0.39-0.71
EPS Growth
21.89%-35.02%514.84%---

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Production Services
993.63816878.08785.64567.25554.1
Drilling and Evaluation Services
625.29508.05423.63360.27342.27322.63
Total
1,6191,3241,3021,146909.52876.73

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
174.99124.8107.9667.8278.85205.77
Total Debt
304.86335.65415.77497.78580.47610.94
Net Cash (Debt)
-129.87-210.85-307.81-429.96-501.62-405.17
Net Cash Growth
------
Net Cash Per Share
-1.27-2.13-3.22-4.54-5.40-4.45

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
350.03264.24229.33176.9692.58127.74
Capital Expenditures
-193.7-143.45-105.11-68.19-122.42-107.08
Free Cash Flow
156.33120.79124.22108.77-29.8420.67
Free Cash Flow Growth
26.34%-2.77%14.21%---60.12%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
13.28%12.44%16.03%12.97%7.20%0.32%
Operating Margin
9.25%7.43%10.58%7.04%-0.10%-4.94%
Pretax Margin
7.23%4.56%7.34%2.60%-3.28%-6.91%
Profit Margin
5.77%3.86%5.86%1.10%-4.00%-7.36%
FCF Margin
9.66%9.12%9.54%9.49%-3.28%2.36%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
35.7530.8711.2146.06--
Forward PE
14.0712.688.0411.4711.4714.12
P/FCF Ratio
21.3113.076.885.33-41.78
PS Ratio
2.061.190.660.510.700.99