National Energy Services Reunited (NESR) Gross Profit (2017 - 2026)
National Energy Services Reunited (NESR) reported Gross Profit of $51.8 million for Q1 2026, up 38.38% on a YoY basis from $37.5 million in Q1 2025, and up 7.91% quarter-over-quarter from $48.0 million in Q4 2025.
National Energy Services Reunited (NESR) Gross Profit (2017 - 2026) Analysis & Trends
National Energy Services Reunited has reported Gross Profit for 9 years, with the latest figure at $51.8 million in Q1 2026.
- For the quarter ending Q1 2026, Gross Profit rose 38.38% year-over-year to $51.8 million; the trailing twelve-month figure through Mar 2026 stood at $179.1 million (down 11.85% YoY), and the FY2025 full-year result was $164.7 million, down 21.06% from the prior year.
- Gross Profit for Q1 2026 stood at $51.8 million, up from $48.0 million in the prior quarter.
- The five-year high for Gross Profit was $59.2 million in Q4 2024, with the low at $32.0 million in Q2 2023.
- Historically, Gross Profit has averaged $45.6 million across 4 years, with a median of $44.8 million in 2023.
- Annual changes were most pronounced in 2024 — Gross Profit jumped 66.1% — and 2025, when it plunged 33.8%.
- National Energy Services Reunited's Gross Profit 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 | 82.25 Bn | 80.04 Bn | 4.67 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn |
| 10 | National Energy Services Reunited | 2.41 Bn | 2.31 Bn | 51.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 44.42 Mn |
| Dec 31, 2023 | 44.42 Mn |