National Energy Services Reunited (NESR) Net Income (2016 - 2026)
National Energy Services Reunited (NESR) posted Net Income of $23.8 million for Q1 2026, up 137.92% on a QoQ basis from -$62.9 million in Q4 2025, and up 129.44% year-over-year from $10.4 million in Q1 2025.
National Energy Services Reunited (NESR) Net Income (2016 - 2026) Analysis & Trends
National Energy Services Reunited's Net Income history runs 11 years deep, the most recent figure standing at $23.8 million for Q1 2026.
- Quarterly Net Income rose 129.44% year-over-year to $23.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$6.1 million (down 100.01% YoY) and the FY2025 annual result came in at -$15.4 million, down 120.12% from the prior year.
- Net Income was $23.8 million for Q1 2026 at National Energy Services Reunited, up from -$62.9 million in the prior quarter.
- Across five years, Net Income topped out at $26.8 billion in Q4 2024 and bottomed at -$62.9 million in Q4 2025.
- A 5-year average of $3.8 billion and a median of $15.2 million in 2025 frame the typical range for Net Income.
- Annual changes were most pronounced in 2024 — Net Income jumped 348943.51% — and 2025, when it slumped 100.23%.
- National Energy Services Reunited's Net Income stood at -$9.0 million in 2022, then surged by 25362.57% to $2.3 billion in 2023, then soared by 1086.95% to $26.8 billion in 2024, then slumped by 100.23% to -$62.9 million in 2025, then jumped by 137.92% to $23.8 million in 2026.
- Business Quant data shows NESR's Net Income at $23.8 million in Q1 2026, -$62.9 million in Q4 2025, and $17.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 761.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 564.16 Mn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 259.90 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 464.00 Mn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 20.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 42.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 74.27 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 36.11 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 17.86 Mn |
| 10 | National Energy Services Reunited | 2.78 Bn | 2.69 Bn | 51.83 Mn | 23.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.84 Mn |
| Dec 31, 2025 | -62.87 Mn |
| Sep 30, 2025 | 17.74 Mn |
| Jun 30, 2025 | 15.20 Mn |
| Mar 31, 2025 | 10.39 Mn |
| Dec 31, 2024 | 26.84 Bn |
| Sep 30, 2024 | 20.62 Bn |
| Jun 30, 2024 | 18.87 Mn |
| Mar 31, 2024 | 9.98 Mn |
| Dec 31, 2023 | 2.26 Bn |
| Sep 30, 2023 | 5.91 Mn |
| Jun 30, 2023 | 10.73 Mn |
| Dec 31, 2022 | -8.95 Mn |
| Dec 31, 2021 | -85.79 Mn |
| Sep 30, 2021 | 1.93 Mn |
| Jun 30, 2021 | 7.82 Bn |
| Mar 31, 2021 | 11.47 Bn |
| Dec 31, 2020 | 50.09 Mn |
| Sep 30, 2020 | 11.67 Bn |
| Jun 30, 2020 | 10.51 Mn |