National Energy Services Reunited (NESR) Inventory (2017 - 2026)
National Energy Services Reunited (NESR) reported Inventory of $126.38 million for Q2 2026, up 27.8% from $98.89 million a year earlier and up 31.4% from the prior quarter.
National Energy Services Reunited (NESR) Inventory (2017 - 2026) Analysis & Trends
At the end of FY2025, National Energy Services Reunited posted Inventory of $94.83 million, down 2.0% from FY2024.
- Inventory has declined for three consecutive years, though with a five-year compound annual growth rate of 0.1% (FY2020 to FY2025).
- By year, Inventory came in at $96.77 million in FY2024 (-1.7%), $98.43 million in FY2023 (-10.9%), $110.52 million in FY2022 (+17.7%) and $93.86 million in FY2021 (-0.4%).
- The Q2 2026 figure ranks as the highest quarterly Inventory in data going back to Q4 2017.
- Year over year, Inventory gained in two of the last six quarters, with growth averaging 3.3%.
- The high point for year-over-year Inventory in five years was Q2 2026 (growth of 27.8%); the low point was Q4 2023 (a decline of 10.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $96.21 million (Q1 2026), $94.83 million (Q4 2025) and $97.77 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 5.44 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 4.96 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 1.24 Bn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 3.06 Bn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 1.95 Bn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 379.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 811.00 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 | 126.38 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 126.38 Mn |
| Mar 31, 2026 | 96.21 Mn |
| Dec 31, 2025 | 94.83 Mn |
| Sep 30, 2025 | 97.77 Mn |
| Jun 30, 2025 | 98.89 Mn |
| Mar 31, 2025 | 101.42 Mn |
| Dec 31, 2024 | 96.77 Mn |
| Sep 30, 2024 | 100.02 Mn |
| Jun 30, 2024 | 95.87 Mn |
| Dec 31, 2023 | 98.43 Mn |
| Dec 31, 2022 | 110.52 Mn |
| Dec 31, 2021 | 93.86 Mn |
| Sep 30, 2021 | 100.76 Mn |
| Jun 30, 2021 | 103.31 Mn |
| Mar 31, 2021 | 95.79 Mn |
| Dec 31, 2020 | 94.26 Mn |
| Sep 30, 2020 | 94.42 Mn |
| Jun 30, 2020 | 91.76 Mn |
| Mar 31, 2020 | 84.12 Mn |
| Dec 31, 2019 | 78.84 Mn |
National Energy Services Reunited Inventory 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=inventory&ticker=NESR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=NESR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();