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NESR · National Energy Services Reunited Corp. · Financials

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$21.44 -0.30 (-1.38%) Q2 2026 earnings call transcript
Market Cap
$2.19B
Shares
100.85M
Volume · Oct 29 1.24M Avg daily vol (3M) 2.46M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$1.32B +1.7%
FY2025 Revenue FY2020–FY2025
Net Income
$51.13M -33%
FY2025 Net Income FY2016–FY2025
Gross Margin
12.44% -3.6pp
FY2025 Gross Margin FY2020–FY2025
Operating Margin
7.43% -3.2pp
FY2025 Operating Margin FY2020–FY2025
Diluted EPS
$0.52 -35%
FY2025 Diluted EPS FY2020–FY2025
Operating Cash Flow
$264.24M +15.2%
FY2025 Operating Cash Flow FY2020–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2017 FY2016
$2B $1.62B $1.32B $1.3B $1.15B $909.52M $876.73M $834.15M — — —
— $1.4B $1.16B $1.09B $997.27M $844.04M $873.95M $756.25M — — —
— $216.51M $164.73M $208.67M $148.65M $65.48M $2.78M $77.91M — — —
— — 12.44% 16.03% 12.97% 7.2% 0.32% 9.34% — — —
— $46.84M $47.64M $52.2M $49.17M $47.53M $28.07M $26.81M — — —
— $139.7M $141.73M $142.78M $142.23M $115.85M $122.13M $120.72M — — —
— $151.16M $98.32M $137.7M $80.7M -$917K -$43.33M $35.28M — — —
— — 7.43% 10.58% 7.04% -0.1% -4.94% 4.23% — — —
— $290.87M $240.05M $280.49M $222.93M $114.93M $78.79M $156M — — —
— $29.25M $32.51M $39.88M $45.83M $34.13M $15.17M $15.88M — — —
— $117.07M $60.4M $95.5M $29.85M -$29.8M -$60.58M $29.1M — — —
— $23.69M $9.27M $19.19M $17.27M $6.62M $3.99M $12.54M — — —
— $93.38M $51.13M $76.31M $12.58M -$36.42M -$64.57M $16.56M $39.36M $28.35M $8.35M
— — 3.86% 5.86% 1.1% -4% -7.36% 1.98% — — —
— $93.38M $51.13M $76.31M $12.58K -$36.42K -$64.57K $16.56M — — —
— $93.38M $51.13M $76.31M $12.58M -$36.42M -$64.56M $16.59M — — —
USD/shares — $0.93 $0.52 $0.80 $0.13 -$0.39 -$0.71 $0.19 — — —
USD/shares — $0.91 $0.52 $0.80 $0.13 -$0.39 -$0.71 $0.18 — — —
shares — — 98.44M 95.47M 94.75M 92.96M 91.04M 88.85M — — —
shares — — 99.11M 95.74M 94.75M 92.96M 91.04M 89.12M — — —
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Current operating lease liabilities 2026-06-30 USD 1,415,000 10-Q filed 2026-08-10
Long-term debt, including current maturities 2026-06-30 USD 224,206,000 10-Q filed 2026-08-10
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current portion of long-term debt
USD 64,500,000
Noncurrent debt carrying amount
USD 159,706,000
Other long-term debt
USD 225,750,000
Noncurrent operating lease liabilities 2026-06-30 USD 23,026,000 10-Q filed 2026-08-10
Other borrowings 2026-06-30 USD 50,415,000 10-Q filed 2026-08-10
Short-term borrowings 2026-06-30 USD 50,415,000 10-Q filed 2026-08-10
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
1.38×
Peer median 1.44×
EV/EBIT
14.83×
Peer median 19.26×
P/E (TTM)
23.89×
Peer median 20.39×

Peer medians compare against the 30 similar-size Oil & Gas Equipment & Services companies (of 47 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Geography (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020
MENA $1,315,939,000 $1,282,923,000 $1,132,321,000 $893,635,000 $865,917,000 $822,606,000
Rest of World $8,108,000 $18,781,000 $13,594,000 $15,882,000 $10,812,000 $11,546,000

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020
Production Services $815,999,000 $878,076,000 $785,642,000 $567,249,000 $554,097,000 $557,327,000
Drilling and Evaluation Services $508,048,000 $423,628,000 $360,273,000 $342,268,000 $322,632,000 $276,825,000
Key facts CIK 1698514 CUSIP G6375R107 13F (30d) 32 filings 32 filers Visit website Investor relations