National Energy Services Reunited (NESR) Change in Receivables (2017 - 2026)
National Energy Services Reunited's (NESR) quarterly Change in Receivables came in at $50.4 million in Q1 2026, up 83.08% YoY from $27.5 million in Q1 2025, and down 52.32% on a QoQ basis from $105.7 million in Q4 2025.
National Energy Services Reunited (NESR) Change in Receivables (2017 - 2026) Analysis & Trends
National Energy Services Reunited (NESR) has 9 years of Change in Receivables data on file, last reported at $50.4 million in Q1 2026.
- Quarterly Change in Receivables rose 83.08% year-over-year to $50.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $72.4 million (up 251.37% YoY) and the FY2025 annual result came in at $49.5 million, up 296.68% from the prior year.
- Change in Receivables slipped to $50.4 million in Q1 2026, from $105.7 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $105.7 million in Q4 2025 to a low of -$80.5 million in Q2 2025.
- A 4-year average of $8.9 million and a median of $22.8 million in 2024 frame the typical range for Change in Receivables.
- Annual changes were most pronounced in 2024 — Change in Receivables soared 411.65% — and 2025, when it plunged 378.44%.
- Tracing NESR's Change in Receivables over 4 years: stood at $30.1 million in 2023, then tumbled by 294.7% to -$58.6 million in 2024, then jumped by 280.26% to $105.7 million in 2025, then sank by 52.32% to $50.4 million in 2026.
- The last three Change in Receivables figures came in at $50.4 million (Q1 2026), $105.7 million (Q4 2025), and -$3.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | -31.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 47.00 Mn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 313.40 Mn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 136.00 Mn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 149.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | -72.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 7.52 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 30.42 Mn |
| 10 | National Energy Services Reunited | 3.34 Bn | 3.16 Bn | 81.29 Mn | -18.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -18.35 Mn |
| Jun 30, 2026 | -18.35 Mn |
| Mar 31, 2026 | 50.39 Mn |
| Mar 31, 2026 | 50.39 Mn |
| Dec 31, 2025 | 105.68 Mn |
| Dec 31, 2025 | 105.68 Mn |
| Sep 30, 2025 | -3.20 Mn |
| Sep 30, 2025 | -3.20 Mn |
| Jun 30, 2025 | -80.53 Mn |
| Jun 30, 2025 | -80.53 Mn |
| Mar 31, 2025 | 27.52 Mn |
| Mar 31, 2025 | 27.52 Mn |
| Dec 31, 2024 | -58.63 Mn |
| Dec 31, 2024 | -58.63 Mn |
| Sep 30, 2024 | 22.77 Mn |
| Sep 30, 2024 | 22.77 Mn |
| Jun 30, 2024 | 28.92 Mn |
| Jun 30, 2024 | 28.92 Mn |
| Mar 31, 2024 | -18.23 Mn |
| Mar 31, 2024 | -18.23 Mn |