National Energy Services Reunited (NESR) Free Cash Flow (2017 - 2026)
National Energy Services Reunited (NESR) recorded Free Cash Flow of $99.91 million in Q2 2026, up 45.3% from $68.74 million a year earlier.
Powered by 
Analysis
National Energy Services Reunited (NESR) Free Cash Flow (2017 - 2026) Analysis & Trends
On a TTM basis, National Energy Services Reunited's Free Cash Flow came in at $156.33 million as of Jun 30, 2026, down 12.4% year-over-year; for FY2025, it came in at $120.79 million, down 2.8% from FY2024.
- Annual Free Cash Flow has a five-year compound annual growth rate of -11.1% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $124.22 million in FY2024 (+14.2%), $108.77 million in FY2023, -$29.84 million in FY2022 and $20.67 million in FY2021 (-90.5%).
- The Q2 2026 figure is the highest quarterly Free Cash Flow since Q4 2020.
- On a year-over-year basis, Free Cash Flow rose in four of the last five quarters, with growth averaging 104.7%.
- Per Business Quant, the preceding three quarters came in at -$5.26 million (Q1 2026), $95.76 million (Q4 2025) and -$34.07 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn | 1.03 Bn |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn | 734.00 Mn |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn | 102.00 Mn |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn | 469.70 Mn |
| 5 | Noble | 6.56 Bn | 4.64 Bn | 228.22 Mn | -47.51 Mn |
| 6 | Nov | 6.31 Bn | 1.25 Bn | 439.00 Mn | -47.00 Mn |
| 7 | Weatherford International | 6.11 Bn | 1.89 Bn | 374.00 Mn | 147.00 Mn |
| 8 | Transocean | 5.79 Bn | 3.83 Bn | 348.00 Mn | 131.00 Mn |
| 9 | Valaris | 5.48 Bn | 3.23 Bn | 176.30 Mn | -54.40 Mn |
| 10 | National Energy Services Reunited | 2.08 Bn | 1.58 Bn | 68.95 Mn | -45.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -45.93 Mn |
| Jun 30, 2026 | 99.91 Mn |
| Mar 31, 2026 | -5.26 Mn |
| Dec 31, 2025 | 95.76 Mn |
| Sep 30, 2025 | -34.07 Mn |
| Jun 30, 2025 | 68.74 Mn |
| Mar 31, 2025 | -9.64 Mn |
| Dec 31, 2024 | 21.21 Mn |
| Sep 30, 2024 | 98.14 Mn |
| Jun 30, 2024 | 56.95 Mn |
| Mar 31, 2024 | 31.21 Mn |
| Dec 31, 2023 | 34.15 Mn |
| Sep 30, 2023 | 40.21 Mn |
| Dec 31, 2021 | -144.97 Mn |
| Sep 30, 2021 | 53.60 Mn |
| Jun 30, 2021 | 54.32 Mn |
| Mar 31, 2021 | 57.72 Mn |
| Dec 31, 2020 | 138.72 Mn |
| Sep 30, 2020 | 58.24 Mn |
| Jun 30, 2020 | 69.77 Mn |
API Access
National Energy Services Reunited Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=NESR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "NESR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=NESR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();