What is the 13F Pro Quality Score for NESR?

13F Pro ranks National Energy Services Reunited Corp. (NESR) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View NESR's current score at https://13fpro.ai/company/NESR (free sign-up required for the full ranking).

Which hedge funds own the most NESR stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of NESR include FMR, BlackRock,, T. Rowe Price Investment Management,. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/NESR as soon as new 13F filings post.

Where does 13F Pro source NESR data?

All National Energy Services Reunited Corp. fundamentals and ownership data come directly from SEC EDGAR. National Energy Services Reunited Corp. files with the SEC under CIK 1698514. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is NESR in?

National Energy Services Reunited Corp. (NESR) is classified in the Energy sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/energy.

What drives NESR's revenue?

Per National Energy Services Reunited Corp.'s latest 10-Q filed with the SEC on 2026-08-10, the biggest revenue drivers are: Production Services ($329.7M, +61% YoY); Drilling and Evaluation Services ($191.0M, +56% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/NESR.

What are NESR's largest expenses?

National Energy Services Reunited Corp.'s latest 10-Q reports these as the largest expense items: Cost of services ($439.5M, 84.4% of revenue vs 86.6% prior year); Selling, general and administrative expenses ($12.0M, roughly flat YoY); Amortization ($4.4M, -6% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is NESR research updated on 13F Pro?

NESR's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

National Energy Services Reunited Corp.(NESR)Stock Analysis

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13F Pro Quality Score

65.9/100

Rank #453 of 2,961 stocksTOP 25%

View Energy peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

73.7/100

Profitability

52.3/100

Balance Sheet

69.0/100

Earnings Quality

71.7/100

Free Cash Flow

55.0/100

Institutional Flow

85.5/100

Revenue Scale

59.5/100

Dilution Risk

69.8/100

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Why NESR Scores 66/100

exact factor attribution · 2026-09-11

NESR's composite is driven by revenue growth and earnings quality. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Revenue growth

+4.7 pts

74th pct

Earnings quality

+2.2 pts

72th pct

Capital efficiency

+1.9 pts

69th pct

Earnings growth

+1.8 pts

86th pct

Institutional flow

+1.8 pts

86th pct

Scale

+1.4 pts

60th pct

Shareholder dilution

+1.0 pts

70th pct

Free cash flow

+0.8 pts

55th pct

Profitability

+0.3 pts

52th pct

Latest change (2026-08-15): 48 → 60 · ↑ Revenue growth 39→72; ↑ Institutional flow 44→99

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

Unusual Activity in NESR

Events flagged as statistical outliers against NESR's own multi-year baseline — not fixed dollar thresholds.

Score shock2026-08-15
NESR quality score jumped 12 points (48→60) on a new filing
View source filing →

NESR Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for National Energy Services Reunited Corp. (NESR), 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 #453 of 2,961 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. National Energy Services Reunited Corp.'s 13F Pro composite quality score has ranged between 44 and 66 since 2023, currently 65.9 — an improving long-term trajectory across 57 quarterly and live scoring snapshots.

What's Driving NESR's Business? Latest 10-Q Breakdown

AI-extracted from National Energy Services Reunited Corp.'s 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.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$520.8M

Net Income

Q2 2026

$44.0M

Free Cash Flow

Q2 2026

$99.9M

Operating Margin

Q2 2026

12.4%

ROIC

Q2 2026

18.8%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+1.7% YoY

$1.32BFY 2025

FY22 $909.5MFY23 $1.15BFY24 $1.30BFY25 $1.32B

Net Income

-33.0% YoY

$51.1MFY 2025

FY22 $-36.4MFY23 $12.6MFY24 $76.3MFY25 $51.1M

Operating Income

-28.6% YoY

$98.3MFY 2025

FY22 $-917.0KFY23 $80.7MFY24 $137.7MFY25 $98.3M

EPS (Diluted)

-35.0% YoY

$0.52FY 2025

FY22 $-0.39FY23 $0.13FY24 $0.80FY25 $0.52

Total Assets

+4.4% YoY

$1.85BFY 2025

FY22 $1.83BFY23 $1.80BFY24 $1.77BFY25 $1.85B

Total Debt

-17.2% YoY

$376.8MFY 2025

FY22 $595.2MFY23 $529.1MFY24 $455.2MFY25 $376.8M

Op. Cash Flow

+15.2% YoY

$264.2MFY 2025

FY22 $92.6MFY23 $177.0MFY24 $229.3MFY25 $264.2M

Free Cash Flow

-2.8% YoY

$120.8MFY 2025

FY22 $-29.8MFY23 $108.8MFY24 $124.2MFY25 $120.8M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.32B +1.7%	$1.30B +13.6%	$1.15B +26.0%	$909.5M +3.7%	$876.7M +5.1%	$834.2M
Net Income	$51.1M -33.0%	$76.3M +506.6%	$12.6M +134.5%	$-36.4M +43.6%	$-64.6M -490.0%	$16.6M
Operating Income	$98.3M -28.6%	$137.7M +70.6%	$80.7M +8900.8%	$-917.0K +97.9%	$-43.3M -222.8%	$35.3M
EPS (Diluted)	$0.52 -35.0%	$0.80 +515.4%	$0.13 +133.3%	$-0.39 +45.1%	$-0.71 -494.4%	$0.18
Total Assets	$1.85B +4.4%	$1.77B -1.3%	$1.80B -1.7%	$1.83B -0.2%	$1.83B +8.6%	$1.69B
Total Debt	$376.8M -17.2%	$455.2M -14.0%	$529.1M -11.1%	$595.2M -0.1%	$595.8M +32.4%	$449.9M
Operating Cash Flow	$264.2M +15.2%	$229.3M +29.6%	$177.0M +91.1%	$92.6M -27.5%	$127.7M -5.0%	$134.5M
Free Cash Flow	$120.8M -2.8%	$124.2M +14.2%	$108.8M +464.5%	$-29.8M -244.4%	$20.7M	—

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13F Pro tracks comprehensive data for National Energy Services Reunited Corp. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of NESR

FMR LLC
$326.8M10,918,231 sh
BlackRock, Inc.
$145.1M4,847,106 sh
T. Rowe Price Investment Management, Inc.
$118.0M3,942,487 sh
Encompass Capital Advisors LLC
$92.9M3,102,538 sh
DIMENSIONAL FUND ADVISORS LP
$89.1M2,976,034 sh
Boston Partners
$64.0M2,140,325 sh
Alyeska Investment Group, L.P.
$57.3M1,912,961 sh
Holocene Advisors, LP
$55.2M1,844,619 sh
GEODE CAPITAL MANAGEMENT, LLC
$54.1M1,807,629 sh
AMERIPRISE FINANCIAL INC
$51.6M1,724,379 sh

Fund	Value	Shares
FMR LLC	$326.8M	10,918,231
BlackRock, Inc.	$145.1M	4,847,106
T. Rowe Price Investment Management, Inc.	$118.0M	3,942,487
Encompass Capital Advisors LLC	$92.9M	3,102,538
DIMENSIONAL FUND ADVISORS LP	$89.1M	2,976,034
Boston Partners	$64.0M	2,140,325
Alyeska Investment Group, L.P.	$57.3M	1,912,961
Holocene Advisors, LP	$55.2M	1,844,619
GEODE CAPITAL MANAGEMENT, LLC	$54.1M	1,807,629
AMERIPRISE FINANCIAL INC	$51.6M	1,724,379

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Is NESR a good stock to buy?

13F Pro's AI-powered analysis of National Energy Services Reunited Corp. (NESR) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Energy sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for NESR are available on the NESR stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. NESR is classified as a mid company.

Which hedge funds own NESR?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling NESR. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of National Energy Services Reunited Corp.'s investment landscape.