National Energy Services Reunited (NESR) Operating Leases (2022 - 2026)
National Energy Services Reunited (NESR) posted Operating Leases of $22.7 million for Q1 2026, up 22.96% on a QoQ basis from $18.4 million in Q4 2025, and up 13.44% year-over-year from $20.0 million in Q1 2025.
National Energy Services Reunited (NESR) Operating Leases (2022 - 2026) Analysis & Trends
National Energy Services Reunited's Operating Leases history runs 5 years deep, the most recent figure standing at $22.7 million for Q1 2026.
- Quarterly Operating Leases rose 13.44% year-over-year to $22.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $22.7 million (up 13.44% YoY) and the FY2025 annual result came in at $18.4 million, down 11.5% from the prior year.
- Operating Leases was $22.7 million for Q1 2026 at National Energy Services Reunited, up from $18.4 million in the prior quarter.
- Across five years, Operating Leases topped out at $25.1 billion in Q4 2022 and bottomed at $18.4 million in Q4 2025.
- A 5-year average of $8.9 billion and a median of $23.9 million in 2023 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2025 — Operating Leases slumped 99.91% — and 2026, when it climbed 13.44%.
- National Energy Services Reunited's Operating Leases stood at $25.1 billion in 2022, then slumped by 99.9% to $25.1 million in 2023, then slipped by 17.11% to $20.8 million in 2024, then dropped by 11.5% to $18.4 million in 2025, then advanced by 22.96% to $22.7 million in 2026.
- Business Quant data shows NESR's Operating Leases at $22.7 million in Q1 2026, $18.4 million in Q4 2025, and $19.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn |
| 10 | National Energy Services Reunited | 2.78 Bn | 2.69 Bn | 51.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.68 Mn |
| Dec 31, 2025 | 18.45 Mn |
| Sep 30, 2025 | 19.76 Mn |
| Jun 30, 2025 | 19.84 Bn |
| Mar 31, 2025 | 20.00 Mn |
| Dec 31, 2024 | 20.84 Mn |
| Sep 30, 2024 | 22.55 Bn |
| Jun 30, 2024 | 21.60 Bn |
| Dec 31, 2023 | 25.15 Mn |
| Dec 31, 2022 | 25.05 Bn |