National Energy Services Reunited (NESR) Current Leases (2022 - 2026)

National Energy Services Reunited (NESR) reported Current Leases of $2.0 million for Q1 2026, down 62.34% on a YoY basis from $5.3 million in Q1 2025, and down 32.7% quarter-over-quarter from $2.9 million in Q4 2025.

National Energy Services Reunited (NESR) Current Leases (2022 - 2026) Analysis & Trends

National Energy Services Reunited has reported Current Leases for 5 years, with the latest figure at $2.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Current Leases fell 62.34% year-over-year to $2.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.0 million (down 62.34% YoY), and the FY2025 full-year result was $2.9 million, down 45.9% from the prior year.
  • Current Leases for Q1 2026 stood at $2.0 million, down from $2.9 million in the prior quarter.
  • The five-year high for Current Leases was $6.3 billion in Q4 2022, with the low at $2.0 million in Q1 2026.
  • Historically, Current Leases has averaged $1.8 billion across 5 years, with a median of $5.4 million in 2024.
  • Annual changes were most pronounced in 2024 — Current Leases retreated 26.42% — and 2025, when it plunged 99.94%.
  • National Energy Services Reunited's Current Leases stood at $6.3 billion in 2022, then plunged by 99.88% to $7.4 million in 2023, then decreased by 26.42% to $5.4 million in 2024, then plunged by 45.9% to $2.9 million in 2025, then plunged by 32.7% to $2.0 million in 2026.
  • The last three Current Leases figures came in at $2.0 million (Q1 2026), $2.9 million (Q4 2025), and $3.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (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 243.00 Mn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 32.40 Mn
5 Enerflex 8.62 Bn 8.57 Bn - 22.00 Mn
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 30.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 47.00 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 1.98 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.98 Mn
Dec 31, 2025 2.95 Mn
Sep 30, 2025 3.74 Mn
Jun 30, 2025 4.85 Mn
Mar 31, 2025 5.27 Mn
Dec 31, 2024 5.45 Mn
Sep 30, 2024 5.97 Bn
Jun 30, 2024 5.31 Bn
Dec 31, 2023 7.41 Mn
Dec 31, 2022 6.26 Bn