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National Energy Services Reunited Corp. (NESR)
NASDAQ: NESR · Real-Time Price · USD
21.98
+1.60 (7.85%)
At close: Nov 11, 2026, 4:00 PM EST
22.00
+0.02 (0.09%)
Pre-market: Nov 12, 2026, 7:31 AM EST

NESR Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,8281,3241,3021,146909.52876.73
Revenue Growth
44.02%1.72%13.59%25.99%3.74%5.10%
Gross Profit
248.62164.73208.67148.6565.482.78
Operating Income
182.5898.32137.780.7-0.92-43.33
Net Income
109.9851.1376.3112.58-36.42-64.57
Earnings Per Share
1.070.520.800.13-0.39-0.71
EPS Growth
49.56%-35.02%514.84%---

Revenue by Segment
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Production Services
1,132816878.08785.64567.25554.1
Drilling and Evaluation Services
696.19508.05423.63360.27342.27322.63
Total
1,8281,3241,3021,146909.52876.73

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
106.84124.8107.9667.8278.85205.77
Total Debt
300.04335.65415.77497.78580.47610.94
Net Cash (Debt)
-193.19-210.85-307.81-429.96-501.62-405.17
Net Cash Growth
------
Net Cash Per Share
-1.87-2.13-3.22-4.54-5.40-4.45

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
340.13264.24229.33176.9692.58127.74
Capital Expenditures
-195.65-143.45-105.11-68.19-122.42-107.08
Free Cash Flow
144.47120.79124.22108.77-29.8420.67
Free Cash Flow Growth
212.44%-2.77%14.21%---60.12%

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
13.60%12.44%16.03%12.97%7.20%0.32%
Operating Margin
9.99%7.43%10.58%7.04%-0.10%-4.94%
Pretax Margin
8.09%4.56%7.34%2.60%-3.28%-6.91%
Profit Margin
6.02%3.86%5.86%1.10%-4.00%-7.36%
FCF Margin
7.90%9.12%9.54%9.49%-3.28%2.36%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
20.4830.8711.2146.06--
Forward PE
9.6912.688.0411.4711.4714.12
P/FCF Ratio
15.5413.076.885.33-41.78
PS Ratio
1.231.190.660.510.700.99