National Energy Services Reunited Corp.(NESR)— Stock Profile, AI Score & Financials
Energy · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
National Energy Services Reunited Corp. (NESR) stock profile, AI quality score, and SEC EDGAR financial data, a Energy sector company. 13F Pro's AI-powered ranking engine scores NESR at 65.9/100 on a 32-signal composite quality model, placing it at rank #451 of 2,960 stocks — the top 25% of the AI-ranked universe. NESR scores in the top quartile across institutional flow (85.5). Based on the latest XBRL financial filings (Q2 2026), National Energy Services Reunited Corp. reports quarterly revenue of $520.8M, net income of $44.0M, an operating margin of 12.4%. Top institutional holders of NESR by reported 13-F value include FMR, BlackRock, T. Rowe Price Investment Management, based on the most recent SEC filings. NESR trades on the Nasdaq exchange and files with the SEC under CIK 1698514. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NESR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for National Energy Services Reunited Corp. directly from SEC EDGAR.
AI Quality Score
65.9/100
AI Rank
#451
Revenue
$520.8M
Net Income
$44.0M
Free Cash Flow
$99.9M
Operating Margin
12.4%
NESR key financials by period
National Energy Services Reunited Corp. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$1.3B
$51.1M
7.4%
FY 2024
10-K
$1.3B
$76.3M
10.6%
FY 2023
10-K
$1.1B
$12.6M
7.0%
FY 2022
20-F
$909.5M
$-36.4M
-0.1%
FY 2021
20-F
$876.7M
$-64.6M
-4.9%
FY 2020
20-F
$834.2M
$16.6M
4.2%
Institutions holding NESR
Institutional investors reporting a position in National Energy Services Reunited Corp. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-10 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
NESR revenue jumped 59% YoY to $520.8M in Q2 FY2026, driven by a surge in Saudi Arabia hydraulic fracturing and well testing activity, pushing net income up nearly 3x to $44.0M.
Biggest Revenue Drivers
Production Services$329.7M+61% YoY
Increased hydraulic fracturing stages in Saudi Arabia
Drilling and Evaluation Services$191.0M+56% YoY
Increased well testing and, to a lesser extent, wireline logging activity in Saudi Arabia
Biggest Revenue Drivers
Total revenue: $520.8M+59% YoY
Production Services$329.7M+61% YoY
Increased hydraulic fracturing stages in Saudi Arabia
Drilling and Evaluation Services$191.0M+56% YoY
Increased well testing and, to a lesser extent, wireline logging activity in Saudi Arabia
Largest Expense Items
Cost of services$439.5M84.4% of revenue vs 86.6% prior year
Increased activity levels drove improved cost absorption as revenue scaled
Selling, general and administrative expenses$12.0Mroughly flat YoY
Fell to 2.3% of revenue from 3.7% as revenue growth outpaced SG&A spend
Amortization$4.4M-6% YoY
Driven mainly by acquired intangible assets from acquisitions
Interest expense, net$7.0M-18% YoY
Decreased due to lower debt levels compared to 2025
Margins: Gross margin rose to 15.6% from 13.4% YoY as cost of services fell to 84.4% of revenue from 86.6%, reflecting improved cost absorption from higher activity levels in Saudi Arabia.
Watch Items from the Filing
Available borrowing capacity fell to $21.3M from $146.9M after NESR chose not to extend its Secured Revolving Credit Facility and the Working Capital Facility shrank by $41.2M.
In May 2026 NESR approved a capital return program: a quarterly dividend of $0.10/share starting Q4 2026 plus a $50.0M share repurchase authorization.
Company estimates $1.2M-$11.8M potential loss, jointly and severally liable with a co-defendant, from Qatar/UAE litigation tied to a lost subsidiary judgment.
Effective tax rate rose to 25.3% from 21.9% YoY due to geographic earnings mix shifts and OECD Pillar Two Domestic Minimum Top-Up Taxes.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
