National Energy Services Reunited (NESR) Free Cash Flow (2017 - 2026)
National Energy Services Reunited (NESR) reported Free Cash Flow of -$5.3 million for Q1 2026, up 45.44% on a YoY basis from -$3.6 million in Q1 2025, and up 95.01% quarter-over-quarter from -$105.5 million in Q4 2025.
National Energy Services Reunited (NESR) Free Cash Flow (2017 - 2026) Analysis & Trends
National Energy Services Reunited has reported Free Cash Flow for 9 years, with the latest figure at -$5.3 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 45.44% year-over-year to -$5.3 million; the trailing twelve-month figure through Mar 2026 stood at $125.2 million (up 1808.92% YoY), and the FY2025 full-year result was $120.8 million, down 2.77% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$5.3 million, up from -$105.5 million in the prior quarter.
- The five-year high for Free Cash Flow was $188.5 million in Q2 2025, with the low at -$138.9 million in Q4 2024.
- Historically, Free Cash Flow has averaged $21.6 million across 4 years, with a median of $47.4 million in 2025.
- The largest YoY upside for Free Cash Flow was 230.95% in 2025 against a maximum downside of 108.92% in 2025.
- National Energy Services Reunited's Free Cash Flow stood at -$97.5 million in 2023, then tumbled by 42.47% to -$138.9 million in 2024, then advanced by 24.06% to -$105.5 million in 2025, then jumped by 95.01% to -$5.3 million in 2026.
- The last three Free Cash Flow figures came in at -$5.3 million (Q1 2026), -$105.5 million (Q4 2025), and $47.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 144.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 164.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 81.00 Mn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 276.90 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | -91.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 82.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 72.37 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 55.68 Mn |
| 10 | National Energy Services Reunited | 2.41 Bn | 2.31 Bn | 51.83 Mn | -5.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.26 Mn |
| Mar 31, 2026 | -5.26 Mn |
| Dec 31, 2025 | -105.48 Mn |
| Dec 31, 2025 | -105.48 Mn |
| Sep 30, 2025 | 47.43 Mn |
| Sep 30, 2025 | 47.43 Mn |
| Jun 30, 2025 | 188.48 Mn |
| Jun 30, 2025 | 188.48 Mn |
| Mar 31, 2025 | -9.64 Mn |
| Mar 31, 2025 | -9.64 Mn |
| Dec 31, 2024 | -138.90 Mn |
| Dec 31, 2024 | -138.90 Mn |
| Sep 30, 2024 | 98.14 Mn |
| Sep 30, 2024 | 98.14 Mn |
| Jun 30, 2024 | 56.95 Mn |
| Jun 30, 2024 | 56.95 Mn |
| Mar 31, 2024 | 108.03 Mn |
| Mar 31, 2024 | 108.03 Mn |
| Dec 31, 2023 | -97.49 Mn |
| Dec 31, 2023 | -97.49 Mn |