NESR
National Energy Services Reunited Corp.
NASDAQ · USEnergyOil & Gas Equipment & Services
$27.23-2.72%
Price as of Jul 20, 2026
NESR financials
National Energy Services Reunited Corp. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $1.3B | $1.3B | $1.1B | $909.5M |
| Cost of revenue | $1.2B | $1.1B | $1.0B | $862.9M |
| Gross profit | $146.0M | $208.7M | $129.9M | $46.6M |
| Operating expenses | $47.6M | $71.0M | $49.2M | $47.5M |
| Operating income | $98.3M | $137.7M | $80.7M | -$917.0K |
| Net income | $51.1M | $76.3M | $12.6M | -$36.4M |
| EBITDA | $234.6M | $278.2M | $217.9M | $120.2M |
| Basic EPS | $0.52 | $0.80 | $0.13 | $-0.39 |
| Diluted EPS | $0.52 | $0.80 | $0.13 | $-0.39 |
| Balance sheet | ||||
| Cash & equivalents | $124.8M | $108.0M | $67.8M | $78.9M |
| Total assets | $1.9B | $1.8B | $1.8B | $1.8B |
| Total liabilities | $883.6M | $865.4M | $976.2M | $1.0B |
| Stockholders’ equity | $967.9M | $908.2M | $821.5M | $802.3M |
| Total debt | $350.0M | $409.1M | $484.7M | $566.4M |
| Net debt | $225.2M | $301.2M | $416.9M | $487.6M |
| Cash flow | ||||
| Operating cash flow | $264.2M | $229.3M | $177.0M | $92.6M |
| Capital expenditure | -$143.5M | -$105.1M | -$68.2M | -$122.4M |
| Free cash flow | $120.8M | $124.2M | $108.8M | -$29.8M |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | $0.00 | $0.00 | $0.00 | $0.00 |