National Energy Services Reunited (NESR) Current Leases (2017 - 2026)
National Energy Services Reunited's (NESR) quarterly Current Leases came in at $1.4 million in Q2 2026, down 70.82% on a YoY basis from $4.9 million in Q2 2025, and down 28.68% quarter-over-quarter from $2.0 million in Q1 2026.
Analysis
National Energy Services Reunited (NESR) Current Leases (2017 - 2026) Analysis & Trends
National Energy Services Reunited (NESR) has reported Current Leases for 6 consecutive years, with $1.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Current Leases fell 70.82% year-over-year to $1.4 million; the trailing twelve-month figure through Jun 2026 stood at $1.4 million (down 70.82% YoY), and the FY2025 full-year result was $2.9 million, down 45.9% from the prior year.
- Current Leases retreated to $1.4 million in Q2 2026 per NESR's latest filing, from $2.0 million in the prior quarter.
- Across five years, Current Leases topped out at $7.4 million in Q4 2023 and bottomed at $1.4 million in Q2 2026.
- Historically, Current Leases has averaged $4.6 million across 5 years, with a median of $5.3 million in 2025.
- The sharpest annual moves came in 2023 and 2026: Current Leases gained 18.25% in 2023, then slumped 70.82% in 2026.
- Over 5 years, Current Leases stood at $6.3 million in 2022, then rose by 18.25% to $7.4 million in 2023, then dropped by 26.42% to $5.4 million in 2024, then slumped by 45.9% to $2.9 million in 2025, then slumped by 52.0% to $1.4 million in 2026.
- According to Business Quant data, Current Leases over the past three periods registered $1.4 million, $2.0 million, and $2.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 83.41 Bn | 79.34 Bn | 4.63 Bn | - |
| 2 | Baker Hughes | 58.89 Bn | 43.16 Bn | 1.58 Bn | - |
| 3 | Halliburton | 30.18 Bn | 28.14 Bn | 2.10 Bn | 287.00 Mn |
| 4 | Weatherford International | 6.46 Bn | 5.32 Bn | 662.00 Mn | 42.00 Mn |
| 5 | Kodiak Gas Services | 5.97 Bn | 5.83 Bn | 246.76 Mn | - |
| 6 | Tidewater | 4.57 Bn | 3.96 Bn | 161.54 Mn | - |
| 7 | USA Compression Partners | 4.03 Bn | 4.02 Bn | 217.36 Mn | - |
| 8 | National Energy Services Reunited | 3.41 Bn | 3.23 Bn | 81.29 Mn | 1.42 Mn |
| 9 | Liberty Energy | 3.40 Bn | 2.84 Bn | 208.34 Mn | 83.05 Mn |
| 10 | Select Water Solutions | 2.77 Bn | 2.74 Bn | 76.84 Mn | 11.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.42 Mn |
| 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 Mn |
| Jun 30, 2024 | 5.31 Mn |
| Dec 31, 2023 | 7.41 Mn |
| Dec 31, 2022 | 6.26 Mn |
| Dec 31, 2017 | 8.77 Mn |