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| Date | Value |
|---|---|
| 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 |