National Energy Services Reunited (NESR) Operating Leases (2018 - 2026)
National Energy Services Reunited's (NESR) quarterly Operating Leases came in at $23.0 million in Q2 2026, up 16.06% on a YoY basis from $19.8 million in Q2 2025, and up 1.51% quarter-over-quarter from $22.7 million in Q1 2026.
Analysis
National Energy Services Reunited (NESR) Operating Leases (2018 - 2026) Analysis & Trends
National Energy Services Reunited (NESR) has reported Operating Leases for 6 consecutive years, with $23.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases rose 16.06% year-over-year to $23.0 million; the trailing twelve-month figure through Jun 2026 stood at $23.0 million (up 16.06% YoY), and the FY2025 full-year result was $18.4 million, down 29.84% from the prior year.
- Operating Leases improved to $23.0 million in Q2 2026 per NESR's latest filing, from $22.7 million in the prior quarter.
- Across five years, Operating Leases topped out at $26.3 million in Q4 2024 and bottomed at $18.4 million in Q4 2025.
- Historically, Operating Leases has averaged $22.2 million across 5 years, with a median of $22.5 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Operating Leases dropped 29.84% in 2025, then advanced 16.06% in 2026.
- Over 5 years, Operating Leases stood at $25.1 million in 2022, then gained by 0.38% to $25.1 million in 2023, then advanced by 4.56% to $26.3 million in 2024, then decreased by 29.84% to $18.4 million in 2025, then increased by 24.82% to $23.0 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $23.0 million, $22.7 million, and $18.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 85.07 Bn | 81.00 Bn | 4.63 Bn |
| 2 | Baker Hughes | 63.03 Bn | 47.30 Bn | 1.58 Bn |
| 3 | Halliburton | 31.08 Bn | 29.03 Bn | 2.10 Bn |
| 4 | Weatherford International | 6.68 Bn | 5.54 Bn | 662.00 Mn |
| 5 | Kodiak Gas Services | 6.11 Bn | 5.98 Bn | 246.76 Mn |
| 6 | Tidewater | 4.62 Bn | 4.01 Bn | 161.54 Mn |
| 7 | USA Compression Partners | 4.01 Bn | 4.00 Bn | 217.36 Mn |
| 8 | Liberty Energy | 3.59 Bn | 3.04 Bn | 208.34 Mn |
| 9 | National Energy Services Reunited | 3.50 Bn | 3.31 Bn | 81.29 Mn |
| 10 | Select Water Solutions | 2.78 Bn | 2.74 Bn | 76.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.03 Mn |
| Mar 31, 2026 | 22.68 Mn |
| Dec 31, 2025 | 18.45 Mn |
| Sep 30, 2025 | 19.76 Mn |
| Jun 30, 2025 | 19.84 Mn |
| Mar 31, 2025 | 20.00 Mn |
| Dec 31, 2024 | 26.29 Mn |
| Sep 30, 2024 | 22.55 Mn |
| Jun 30, 2024 | 21.60 Mn |
| Dec 31, 2023 | 25.15 Mn |
| Dec 31, 2022 | 25.05 Mn |
| Dec 31, 2018 | 512.32 Mn |