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

National Energy Services Reunited (NESR) posted Current Leases of $2.0 million for Q1 2026, down 32.7% on a QoQ basis from $2.9 million in Q4 2025, and down 99.96% year-over-year from $5.3 billion in Q1 2025.

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

National Energy Services Reunited's Current Leases history runs 5 years deep, the most recent figure standing at $2.0 million for Q1 2026.

  • Quarterly Current Leases fell 99.96% year-over-year to $2.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.0 million (down 99.96% YoY) and the FY2025 annual result came in at $2.9 million, down 45.9% from the prior year.
  • Current Leases was $2.0 million for Q1 2026 at National Energy Services Reunited, down from $2.9 million in the prior quarter.
  • Across five years, Current Leases topped out at $6.3 billion in Q4 2022 and bottomed at $2.0 million in Q1 2026.
  • A 5-year average of $2.1 billion and a median of $6.7 million in 2023 frame the typical range for Current Leases.
  • Annual changes were most pronounced in 2025 — Current Leases soared 62485.83% — and 2026, when it slumped 99.96%.
  • National Energy Services Reunited's Current Leases stood at $6.3 billion in 2022, then slumped by 99.88% 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 32.7% to $2.0 million in 2026.
  • Business Quant data shows NESR's Current Leases at $2.0 million in Q1 2026, $2.9 million in Q4 2025, and $3.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn -
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 93.67 Mn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 32.40 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 243.00 Mn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 70.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 42.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn -
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn -
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn -
10 National Energy Services Reunited 2.78 Bn 2.69 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 Bn
Jun 30, 2025 4.85 Mn
Mar 31, 2025 5.27 Bn
Dec 31, 2024 5.45 Mn
Sep 30, 2024 5.97 Mn
Jun 30, 2024 5.31 Bn
Dec 31, 2023 7.41 Mn
Dec 31, 2022 6.26 Bn