National Energy Services Reunited (NESR) Current Leases (2022 - 2026)
National Energy Services Reunited's (NESR) quarterly Current Leases came in at $2.0 million in Q1 2026, down 62.34% YoY from $5.3 million in Q1 2025, and down 32.7% on a QoQ basis from $2.9 million in Q4 2025.
National Energy Services Reunited (NESR) Current Leases (2022 - 2026) Analysis & Trends
National Energy Services Reunited (NESR) has 5 years of Current Leases data on file, last reported at $2.0 million in Q1 2026.
- Quarterly Current Leases fell 62.34% year-over-year to $2.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.0 million (down 62.34% YoY) and the FY2025 annual result came in at $2.9 million, down 45.9% from the prior year.
- Current Leases eased to $2.0 million in Q1 2026, from $2.9 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $6.3 billion in Q4 2022 to a low of $2.0 million in Q1 2026.
- A 5-year average of $1.8 billion and a median of $5.4 million in 2024 frame the typical range for Current Leases.
- Annual changes were most pronounced in 2024 — Current Leases retreated 26.42% — and 2025, when it plunged 99.94%.
- Tracing NESR's Current Leases over 5 years: 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 | 79.92 Bn | 75.85 Bn | 4.63 Bn | - |
| 2 | Baker Hughes | 62.12 Bn | 46.40 Bn | 1.58 Bn | - |
| 3 | Tenaris | 52.95 Bn | 43.92 Bn | 984.66 | - |
| 4 | TechnipFMC | 31.07 Bn | 29.83 Bn | 1.40 Bn | 143.60 Mn |
| 5 | Halliburton | 29.59 Bn | 27.54 Bn | 2.10 Bn | 287.00 Mn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 70.00 Mn |
| 7 | Weatherford International | 6.57 Bn | 5.44 Bn | 662.00 Mn | 42.00 Mn |
| 8 | Kodiak Gas Services | 5.67 Bn | 5.53 Bn | 246.76 Mn | - |
| 9 | Archrock | 5.55 Bn | 5.54 Bn | 244.51 Mn | - |
| 10 | National Energy Services Reunited | 3.27 Bn | 3.08 Bn | 81.29 Mn | 1.42 Mn |
Historic Data
Download 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 Bn |
| Jun 30, 2024 | 5.31 Bn |
| Dec 31, 2023 | 7.41 Mn |
| Dec 31, 2022 | 6.26 Bn |