National Energy Services Reunited (NESR) Intangibles (2017 - 2026)
National Energy Services Reunited (NESR) reported Intangibles of $38.05 million for Q2 2026, down 32.5% from $56.39 million a year earlier and down 10.3% from the prior quarter.
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Analysis
National Energy Services Reunited (NESR) Intangibles (2017 - 2026) Analysis & Trends
At the end of FY2025, National Energy Services Reunited posted Intangibles of $47.09 million, down 28.3% from FY2024.
- Intangibles has declined for four consecutive years, with a five-year compound annual growth rate of -15.7% (FY2020 to FY2025).
- By year, Intangibles came in at $65.7 million in FY2024 (-22.1%), $84.3 million in FY2023 (-18.1%), $102.91 million in FY2022 (-15.4%) and $121.62 million in FY2021 (+10.2%).
- The Q2 2026 figure ranks as the lowest quarterly Intangibles since Q4 2017.
- Year over year, Intangibles has now declined in each of the last five quarters, with an average decline of 27.4% over the last six quarters.
- The high point for year-over-year Intangibles in five years was Q4 2021 (growth of 10.2%); the low point was Q2 2026 (a decline of 32.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $42.43 million (Q1 2026), $47.09 million (Q4 2025) and $51.74 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 4.88 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 4.00 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 381.10 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | - |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 438.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | - |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 265.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | - |
| 10 | National Energy Services Reunited | 2.57 Bn | 2.11 Bn | 81.29 Mn | 38.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.05 Mn |
| Mar 31, 2026 | 42.43 Mn |
| Dec 31, 2025 | 47.09 Mn |
| Sep 30, 2025 | 51.74 Mn |
| Jun 30, 2025 | 56.39 Mn |
| Mar 31, 2025 | 61.04 Mn |
| Dec 31, 2024 | 65.70 Mn |
| Sep 30, 2024 | 70.35 Mn |
| Jun 30, 2024 | 75.00 Mn |
| Dec 31, 2023 | 84.30 Mn |
| Dec 31, 2022 | 102.91 Mn |
| Dec 31, 2021 | 121.62 Mn |
| Sep 30, 2021 | 126.32 Mn |
| Jun 30, 2021 | 131.42 Mn |
| Mar 31, 2021 | 106.40 Mn |
| Dec 31, 2020 | 110.38 Mn |
| Sep 30, 2020 | 115.20 Mn |
| Jun 30, 2020 | 110.38 Mn |
| Mar 31, 2020 | 118.88 Mn |
| Dec 31, 2019 | 122.71 Mn |
API Access
National Energy Services Reunited Intangibles 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=intangibles&ticker=NESR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=NESR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();