National Energy Services Reunited (NESR) Cost of Revenue (2016 - 2026)

National Energy Services Reunited (NESR) has 10 years of Cost of Revenue data on file, last reported at $352.8 million in Q1 2026.

• Quarterly Cost of Revenue rose 32.79% year-over-year to $352.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 12.82% YoY) and the FY2025 annual result came in at $1.2 billion, up 6.06% from the prior year.
• Cost of Revenue advanced to $352.8 million in Q1 2026, from $350.2 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $352.8 million in Q1 2026 to a low of $248.3 million in Q2 2023.
• A 4-year average of $281.0 million and a median of $268.7 million in 2024 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2025 — Cost of Revenue dropped 8.08% — and 2026, when it jumped 32.79%.
• Tracing NESR's Cost of Revenue over 4 years: stood at $263.1 million in 2023, then rose by 8.13% to $284.5 million in 2024, then gained by 23.1% to $350.2 million in 2025, then increased by 0.72% to $352.8 million in 2026.
• The last three Cost of Revenue figures came in at $352.8 million (Q1 2026), $350.2 million (Q4 2025), and $260.0 million (Q3 2025), per Business Quant data.