National Energy Services Reunited (NESR) Gross Margin (2017 - 2026)
National Energy Services Reunited's Gross Margin was 15.61% in Q2 2026, up 2.21 percentage points from 13.41% a year earlier and up 2.80 percentage points from the prior quarter.
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Analysis
National Energy Services Reunited (NESR) Gross Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, National Energy Services Reunited's Gross Margin was 13.37% through Jun 30, 2026, down 1.43 percentage points year-over-year; for FY2025, it came in at 12.44%, down 3.59 percentage points from FY2024.
- Gross Margin shows a five-year change of +3.10 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 16.03% in FY2024 (+3.06 pp), 12.97% in FY2023 (+5.77 pp), 7.20% in FY2022 (+6.88 pp) and 0.32% in FY2021 (-9.02 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q4 2024.
- Compared with a year earlier, Gross Margin was higher in four of the last eight quarters, with an average year-over-year change of -0.98 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q2 2024 (a gain of 4.94 percentage points); the worst was Q4 2021 (a drop of 67.63 percentage points).
- Per Business Quant data, NESR's Gross Margin in the three quarters before Q2 2026 was 12.81% (Q1 2026), 12.06% (Q4 2025) and 11.97% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 15.55% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 23.46% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 24.78% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 14.07% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 24.41% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 33.25% |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 37.06% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 30.14% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 22.94% |
| 10 | National Energy Services Reunited | 2.57 Bn | 2.11 Bn | 81.29 Mn | 15.61% |
Historic Data
Download Data
Historic 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% |
API Access
National Energy Services Reunited Gross Margin 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=gross-margin&ticker=NESR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=NESR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();