National Energy Services Reunited (NESR) Construction in Progress (2017 - 2026)

National Energy Services Reunited (NESR) reported Construction in Progress of $66.2 million for Q1 2026, down 99.73% on a YoY basis from $25.0 billion in Q1 2025, and down 13.59% quarter-over-quarter from $76.6 million in Q4 2025.

National Energy Services Reunited (NESR) Construction in Progress (2017 - 2026) Analysis & Trends

National Energy Services Reunited has reported Construction in Progress for 10 years, with the latest figure at $66.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Construction in Progress fell 99.73% year-over-year to $66.2 million; the trailing twelve-month figure through Mar 2026 stood at $66.2 million (down 99.73% YoY), and the FY2025 full-year result was $76.6 million, up 90.19% from the prior year.
  • Construction in Progress for Q1 2026 stood at $66.2 million, down from $76.6 million in the prior quarter.
  • The five-year high for Construction in Progress was $52.5 billion in Q3 2025, with the low at $11.3 million in Q4 2022.
  • Historically, Construction in Progress has averaged $12.8 billion across 5 years, with a median of $71.4 million in 2025.
  • Annual changes were most pronounced in 2024 — Construction in Progress jumped 185.52% — and 2026, when it sank 99.73%.
  • National Energy Services Reunited's Construction in Progress stood at $11.3 million in 2022, then climbed by 24.61% to $14.1 million in 2023, then jumped by 185.52% to $40.3 million in 2024, then surged by 90.19% to $76.6 million in 2025, then declined by 13.59% to $66.2 million in 2026.
  • The last three Construction in Progress figures came in at $66.2 million (Q1 2026), $76.6 million (Q4 2025), and $52.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn -
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn -
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn -
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn -
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn -
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn -
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn -
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn -
10 National Energy Services Reunited 2.41 Bn 2.31 Bn 51.83 Mn 66.21 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 66.21 Mn
Dec 31, 2025 76.63 Mn
Sep 30, 2025 52.50 Bn
Jun 30, 2025 24.50 Bn
Mar 31, 2025 24.97 Bn
Dec 31, 2024 40.29 Mn
Dec 31, 2023 14.11 Mn
Dec 31, 2022 11.32 Mn
Dec 31, 2021 8.94 Mn
Dec 31, 2020 10.22 Mn
Dec 31, 2019 18.05 Mn
Dec 31, 2018 19.23 Mn
Dec 31, 2017 5.65 Mn