The financials
National Energy Services Reunited Corp. by the numbers
National Energy Services Reunited Corp. (NESR) reported revenue of $405M in Q1 2026 (quarter ended March 31, 2026), up 33% from the same quarter a year earlier. That came with a gross margin of 13% and net income of $24M (5.9% of revenue). For the full year FY2025, revenue was $1.32B (+1.7% year on year) and net income $51M.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $405M | $303M | +33% |
| Gross profit | $52M | $37M | +38% |
| Operating income | $36M | $21M | +72% |
| Net income | $24M | $10M | +129% |
| Diluted EPS | $0.23 | $0.11 | +109% |
Oil & Gas Equipment & Services
Ranks #15 of 27 by Smart Score