National Energy Services Reunited (NESR) Gross Profit (2017 - 2026)
National Energy Services Reunited's (NESR) quarterly Gross Profit came in at $51.8 million in Q1 2026, up 38.38% YoY from $37.5 million in Q1 2025, and up 7.91% on a QoQ basis from $48.0 million in Q4 2025.
National Energy Services Reunited (NESR) Gross Profit (2017 - 2026) Analysis & Trends
National Energy Services Reunited (NESR) has 9 years of Gross Profit data on file, last reported at $51.8 million in Q1 2026.
- Quarterly Gross Profit rose 38.38% year-over-year to $51.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $179.1 million (down 11.85% YoY) and the FY2025 annual result came in at $164.7 million, down 21.06% from the prior year.
- Gross Profit advanced to $51.8 million in Q1 2026, from $48.0 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $59.2 million in Q4 2024 to a low of $32.0 million in Q2 2023.
- A 4-year average of $45.6 million and a median of $44.8 million in 2023 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2024 — Gross Profit jumped 66.1% — and 2025, when it plunged 33.8%.
- Tracing NESR's Gross Profit over 4 years: stood at $44.4 million in 2023, then surged by 33.25% to $59.2 million in 2024, then dropped by 18.84% to $48.0 million in 2025, then rose by 7.91% to $51.8 million in 2026.
- The last three Gross Profit figures came in at $51.8 million (Q1 2026), $48.0 million (Q4 2025), and $35.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn |
| 10 | National Energy Services Reunited | 3.30 Bn | 3.12 Bn | 81.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 81.29 Mn |
| Jun 30, 2026 | 81.29 Mn |
| Mar 31, 2026 | 51.83 Mn |
| Mar 31, 2026 | 51.83 Mn |
| Dec 31, 2025 | 48.03 Mn |
| Dec 31, 2025 | 48.03 Mn |
| Sep 30, 2025 | 35.36 Mn |
| Sep 30, 2025 | 35.36 Mn |
| Jun 30, 2025 | 43.88 Mn |
| Jun 30, 2025 | 43.88 Mn |
| Mar 31, 2025 | 37.46 Mn |
| Mar 31, 2025 | 37.46 Mn |
| Dec 31, 2024 | 59.18 Mn |
| Dec 31, 2024 | 59.18 Mn |
| Sep 30, 2024 | 53.41 Mn |
| Sep 30, 2024 | 53.41 Mn |
| Jun 30, 2024 | 53.14 Mn |
| Jun 30, 2024 | 53.14 Mn |
| Mar 31, 2024 | 42.94 Mn |
| Mar 31, 2024 | 42.94 Mn |