NESR
National Energy Services Reunited Corp.
NASDAQ · Energy · Oil & Gas Equipment & Services · US
$34.75
+0.72%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.6B | 1.3B | 1.3B | 1.1B | 909.5M |
| Cost of Revenue | 1.4B | 1.2B | 1.1B | 1.0B | 862.9M |
| Gross Profit | 202.4M | 146.0M | 208.7M | 129.9M | 46.6M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 46.8M | 47.6M | 52.2M | 49.2M | 47.5M |
| General & Admin Expense | — | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 4.4M | — | 18.8M | — | — |
| Total Operating Expenses | 51.3M | 47.6M | 71.0M | 49.2M | 47.5M |
| Cost and Expenses | 1.5B | 1.2B | 1.2B | 1.1B | 910.4M |
| Operating Income (EBIT) | 151.2M | 98.3M | 137.7M | 80.7M | (917.0K) |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 29.2M | 32.5M | 39.9M | 45.8M | 34.1M |
| Net Interest Income | (29.2M) | (32.5M) | (39.9M) | (45.8M) | (34.1M) |
| Other Non-Op Income/Expense | (34.1M) | (37.9M) | (42.2M) | (50.9M) | (28.9M) |
| Non-Operating Income (excl Interest) | 4.8M | 5.4M | 2.3M | 5.0M | (5.2M) |
| EBT (Pre-Tax Income) | 117.1M | 60.4M | 95.5M | 29.8M | (29.8M) |
| Income Tax Expense | 23.7M | 9.3M | 19.2M | 17.3M | 6.6M |
| Bottom Line | |||||
| Net Income | 93.4M | 51.1M | 76.3M | 12.6M | (36.4M) |
| Earnings from Cont. Ops | 93.4M | 51.1M | 76.3M | 12.6M | (36.4M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 93.4M | 51.1M | 76.3M | 12.6M | (36.4M) |
| Per Share | |||||
| Basic EPS | $0.94 | $0.52 | $0.80 | $0.13 | ($0.39) |
| Diluted EPS | $0.92 | $0.52 | $0.80 | $0.13 | ($0.39) |
| Revenue Per Share | $16.05 | $13.45 | $13.64 | $12.09 | $9.78 |
| Shares | |||||
| Basic Shares Outstanding | 100.9M | 98.4M | 95.4M | 94.7M | 93.0M |
| Diluted Shares Outstanding | 103.2M | 99.1M | 95.7M | 94.7M | 93.0M |
| Profitability Metrics | |||||
| EBITDA | 286.0M | 234.6M | 278.2M | 217.9M | 120.2M |
| D&A | 139.7M | 141.7M | 142.8M | 142.2M | 115.8M |
| EBIT | 146.3M | 92.9M | 135.4M | 75.7M | 4.3M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026