National Energy Services Reunited Corp. (NESR)

NESR Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	174.99	124.8	107.96	67.82	78.85	205.77
Cash & Short-Term Investments	174.99	124.8	107.96	67.82	78.85	205.77
Cash Growth	32.77%	15.60%	59.18%	-13.99%	-61.68%	174.32%
Accounts Receivable	382.16	299.21	249	267.27	258.9	238.9
Other Receivables	55.23	54.51	38.48	39.78	38.27	35.25
Receivables	437.39	353.72	287.48	307.04	297.17	274.15
Inventory	126.38	94.83	96.77	98.43	110.52	93.86
Prepaid Expenses	21.71	13.24	10.15	9.24	0.34	6.04
Restricted Cash	-	6.26	-	-	-	-
Other Current Assets	54.9	37.53	38.17	59.18	50.94	47.54
Total Current Assets	815.37	630.37	540.52	541.72	537.81	627.37
Property, Plant & Equipment	556.38	485.75	464.19	474.29	491.03	425.51
Long-Term Investments	-	25.2	27.53	22.98	30.29	7.6
Goodwill	645.1	645.1	645.1	645.1	645.1	645.1
Other Intangible Assets	38.05	47.09	65.7	84.3	102.91	121.62
Other Long-Term Assets	42.3	18.01	30.66	29.35	21.19	4.11
Total Assets	2,097	1,852	1,774	1,798	1,828	1,831

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	597.39	418.96	304.01	345.74	341.94	306.07
Accrued Expenses	16.07	12.35	27.48	14.67	7.6	5.23
Short-Term Debt	50.42	54.25	59.72	48.89	89.89	78.32
Current Portion of Long-Term Debt	70.3	66.6	70.04	77.24	64.95	17.26
Current Portion of Leases	1.42	4.7	10.79	10.81	8.53	4.4
Current Income Taxes Payable	37.04	25.09	7.73	8.42	7.26	7.18
Other Current Liabilities	29.03	22.96	23.75	27.67	23.9	13.42
Total Current Liabilities	801.66	604.92	503.51	533.45	544.07	431.87
Long-Term Debt	159.71	191.38	254.39	331.57	391.86	508.76
Long-Term Leases	23.03	18.72	20.84	29.27	25.24	2.2
Pension & Post-Retirement Benefits	39.34	36.32	31.81	28.94	24.38	23.53
Long-Term Deferred Tax Liabilities	0.66	1.69	5.63	-	-	8.89
Other Long-Term Liabilities	30.76	30.58	49.27	53.03	40.42	35
Total Liabilities	1,055	883.6	865.45	976.25	1,026	1,010

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	909.13	902.85	894.29	883.87	877.3	856.79
Retained Earnings	132.85	65	13.87	-62.44	-75.02	-35.83
Comprehensive Income & Other	0.07	0.07	0.07	0.07	0.07	0.07
Total Common Equity	1,042	967.92	908.23	821.49	802.35	821.03
Shareholders' Equity	1,042	967.92	908.23	821.49	802.35	821.03
Total Liabilities & Equity	2,097	1,852	1,774	1,798	1,828	1,831

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	304.86	335.65	415.77	497.78	580.47	610.94
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
Filing Date Shares Outstanding	100.85	100.79	96.05	95	95	91.04
Total Common Shares Outstanding	100.85	100.79	96.05	95	94.01	91.04
Working Capital	13.72	25.45	37	8.27	-6.25	195.5
Book Value Per Share	10.33	9.60	9.46	8.65	8.53	9.02
Tangible Book Value	358.9	275.74	197.44	92.1	54.34	54.32
Tangible Book Value Per Share	3.56	2.74	2.06	0.97	0.58	0.60
Land	11.66	11.66	11.66	11.66	11.66	11.66
Buildings	56.8	56.94	55.28	57	52.44	41.78
Machinery	920.69	842.3	774.28	780.7	708.96	596.73
Construction In Progress	80.44	76.63	40.29	14.11	11.32	8.94

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 10, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 11, 2026

Data Sources Report a data error