National Energy Services Reunited (NESR) Gross Margin (2017 - 2026)
National Energy Services Reunited's (NESR) quarterly Gross Margin came in at 12.81% in Q1 2026, up 45.0% YoY from 8.84% in Q1 2025, and up 6.22% on a QoQ basis from 12.06% in Q4 2025.
National Energy Services Reunited (NESR) Gross Margin (2017 - 2026) Analysis & Trends
National Energy Services Reunited (NESR) has 9 years of Gross Margin data on file, last reported at 12.81% in Q1 2026.
- Quarterly Gross Margin rose 45.0% year-over-year to 12.81% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.56% (down 297.0% YoY) and the FY2025 annual result came in at 12.44%, down 359.0% from the prior year.
- Gross Margin rose to 12.81% in Q1 2026, from 12.06% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 17.22% in Q4 2024 to a low of 11.41% in Q2 2023.
- A 4-year average of 13.95% and a median of 13.92% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin jumped 494 bps — and 2025, when it sank 516 bps.
- Tracing NESR's Gross Margin over 4 years: stood at 14.44% in 2023, then gained by 19 bps to 17.22% in 2024, then decreased by 30 bps to 12.06% in 2025, then grew by 6 bps to 12.81% in 2026.
- The last three Gross Margin figures came in at 12.81% (Q1 2026), 12.06% (Q4 2025), and 11.97% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 51.63% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.46% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 50.62% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 36.80% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 24.41% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 59.91% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 63.09% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 65.86% |
| 10 | National Energy Services Reunited | 3.30 Bn | 3.12 Bn | 81.29 Mn | 15.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.61% |
| Mar 31, 2026 | 12.81% |
| Dec 31, 2025 | 12.06% |
| Sep 30, 2025 | 11.97% |
| Jun 30, 2025 | 13.41% |
| Mar 31, 2025 | 12.36% |
| Dec 31, 2024 | 17.22% |
| Sep 30, 2024 | 15.89% |
| Jun 30, 2024 | 16.35% |
| Mar 31, 2024 | 14.47% |
| Dec 31, 2023 | 14.44% |
| Sep 30, 2023 | 15.04% |
| Jun 30, 2023 | 11.41% |
| Dec 31, 2021 | -51.20% |
| Sep 30, 2021 | 14.63% |
| Jun 30, 2021 | 17.45% |
| Mar 31, 2021 | 17.94% |
| Dec 31, 2020 | 16.43% |
| Sep 30, 2020 | 18.53% |
| Jun 30, 2020 | 19.14% |