National Energy Services Reunited (NESR)
Provides production, drilling, and well-evaluation services across the MENA energy market.
$33.09
After hours0.00 (0.00%)
At close$33.09(+2.13%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 300 | 308 | 297 | 325 | 336 | 344 | 303 | 327 | 295 | 398 | 405 | 521 |
| Cost of revenue | 255 | 263 | 254 | 272 | 283 | 285 | 270 | 288 | 265 | 355 | 357 | 439 |
| Gross profit | 45 | 44 | 43 | 53 | 53 | 59 | 33 | 39 | 31 | 43 | 47 | 81 |
| 17 | 17 | 18 | 19 | 18 | 16 | 12 | 12 | 11 | 13 | 11 | 16 | |
| Selling, general & administrative | 12 | 12 | 14 | 14 | 13 | 11 | 12 | 12 | 11 | 13 | 11 | 12 |
| Other expenses | 5 | 5 | 5 | 5 | 5 | 5 | 0 | 0 | 0 | 0 | 0 | 4 |
| Operating income | 28 | 28 | 25 | 34 | 35 | 44 | 21 | 27 | 20 | 31 | 36 | 65 |
| −11 | −19 | −10 | −9 | −10 | −13 | −7 | −8 | −7 | −16 | −5 | −6 | |
| Interest expense | 12 | 12 | 11 | 9 | 10 | 10 | 8 | 9 | 8 | 8 | 7 | 7 |
| Other non-operating income | −1 | 7 | −1 | 0 | 0 | 4 | −1 | −1 | −1 | 8 | −1 | −1 |
| Income before tax | 17 | 8 | 15 | 25 | 26 | 30 | 14 | 19 | 12 | 15 | 31 | 59 |
| Income tax expense | 3 | 6 | 5 | 6 | 5 | 3 | 3 | 4 | −6 | 7 | 7 | 15 |
| Net income from continuing operations | 15 | 2 | 10 | 19 | 21 | 27 | 10 | 15 | 18 | 8 | 24 | 44 |
| Net income | 15 | 2 | 10 | 19 | 21 | 27 | 10 | 15 | 18 | 8 | 24 | 44 |
| EPS, basic | $0.16 | $0.02 | $0.11 | $0.20 | $0.22 | $0.28 | $0.11 | $0.16 | $0.18 | $0.08 | $0.24 | $0.44 |
| EPS, diluted | $0.16 | $0.02 | $0.10 | $0.20 | $0.22 | $0.28 | $0.11 | $0.16 | $0.18 | $0.08 | $0.23 | $0.43 |
| Weighted average shares, basic | 95 | 95 | 95 | 95 | 95 | 95 | 96 | 96 | 100 | 101 | 101 | 101 |
| Weighted average shares, diluted | 95 | 95 | 95 | 96 | 96 | 96 | 97 | 98 | 101 | 102 | 103 | 103 |
| EBITDA | 64 | 56 | 59 | 39 | 70 | 80 | 58 | 64 | 55 | 58 | 71 | 102 |
| Depreciation & amortization | 35 | 36 | 34 | 5 | 34 | 40 | 36 | 36 | 35 | 35 | 34 | 36 |
| EBIT | 30 | 20 | 25 | 34 | 36 | 40 | 22 | 28 | 20 | 23 | 37 | 66 |