NESR Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	92.96	124.8	107.96	67.82	78.85	205.77
Cash & Short-Term Investments	92.96	124.8	107.96	67.82	78.85	205.77
Cash Growth	18.12%	15.60%	59.18%	-13.99%	-61.68%	174.32%
Accounts Receivable	425.49	332.33	280.07	315.69	293.16	280
Other Receivables	54.75	54.51	38.48	39.78	38.27	35.25
Total Trade Receivables	480.24	386.84	318.55	355.46	331.43	315.25
Inventory	96.21	94.83	96.77	98.43	110.52	93.86
Other Current Assets	20.22	23.9	17.24	20	17.01	12.48
Total Current Assets	689.62	630.37	540.52	541.72	537.81	627.37
Net Property, Plant & Equipment	502.13	485.75	464.19	474.29	491.03	425.51
Other Intangible Assets	42.43	47.09	65.7	84.3	102.91	121.62
Goodwill	645.1	645.1	645.1	645.1	645.1	645.1
Other Long-Term Assets	44.65	43.21	58.18	52.33	51.47	11.71
Total Assets	1,924	1,852	1,774	1,798	1,828	1,831
Accounts Payable	483.05	421.06	305.31	351.24	353.54	314.57
Short-Term Debt	47.35	54.25	59.72	48.89	89.89	78.32
Current Portion of Long-Term Debt	64.5	64.5	68.74	71.74	53.35	8.76
Current Portion of Leases	1.98	2.95	5.45	7.41	6.26	-
Other Current Liabilities	63.4	62.16	64.3	54.17	41.03	30.23
Total Current Liabilities	660.29	604.92	503.51	533.45	544.07	431.87
Long-Term Debt	175.54	191.38	254.39	331.57	391.86	508.76
Long-Term Leases	22.68	18.45	20.84	25.15	25.05	-
Other Long-Term Liabilities	70.21	68.86	86.7	86.09	65	69.62
Total Long-Term Liabilities	268.43	278.68	361.93	442.8	481.91	578.39
Total Liabilities	928.72	883.6	865.45	976.25	1,026	1,010
Common Stock	906.31	902.85	894.29	883.87	877.3	856.79
Accumulated Other Comprehensive Income	0.07	0.07	0.07	0.07	0.07	0.07
Retained Earnings	88.83	65	13.87	-62.44	-75.02	-35.83
Total Common Shareholders' Equity	995.21	967.92	908.23	821.49	802.35	821.03
Shareholders' Equity	995.21	967.92	908.23	821.49	802.35	821.03
Total Liabilities & Equity	1,924	1,852	1,774	1,798	1,828	1,831
Total Debt	312.06	331.52	409.13	484.75	566.41	595.84
Net Cash (Debt)	-219.11	-206.73	-301.18	-416.93	-487.56	-390.07
Net Cash Per Share	-2.17	-2.09	-3.15	-4.40	-5.25	-4.28
Book Value	995.21	967.92	908.23	821.49	802.35	821.03
Book Value Per Share	9.87	9.77	9.49	8.67	8.63	9.02
Tangible Book Value	307.68	275.74	197.44	92.1	54.34	54.32
Tangible Book Value Per Share	3.05	2.78	2.06	0.97	0.58	0.60

Updated May 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q