stockrowNational Energy Services Reunited
NESR Energy Oil & Gas Equipment & Services
National Energy Services Reunited’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 1.72% from fiscal 2024.
- Revenue
- +59.1%
- EPS
- +175.0%
- Free cash flow
- +45.8%
- Total debt
- −22.6%
Quarter to June 2026, against a year earlier
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National Energy Services Reunited (NESR) Gross margin
National Energy Services Reunited's gross margin over the twelve months to 30 June 2026 was 13.4%, up 0.9 percentage points from fiscal 2025 (12.4%). Over the past ten years it has ranged from 0.32% (fiscal 2021) to 29.8% (fiscal 2016); the current reading is higher than 30% of that period. That is below the Oil & Gas Equipment & Services industry median of 22.9% and below the Energy sector median of 42.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 12.4% | (3.59) |
| FY2024 | 16.0% | 3.06 |
| FY2023 | 13.0% | 5.77 |
| FY2022 | 7.20% | 6.88 |
| FY2021 | 0.32% | (18.31) |
| FY2020 | 18.6% | (4.39) |
| FY2019 | 23.0% | (4.21) |
| FY2018 | 27.2% | 1.00 |
| FY2017 | 26.2% | (3.55) |
| FY2016 | 29.8% | — |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 15.6% | 2.80 |
| Mar 2026 | 12.8% | 0.75 |
| Dec 2025 | 12.1% | 0.09 |
| Sep 2025 | 12.0% | (1.44) |
| 23 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| FLOC Flowco Holdings Inc. compare | 55.1% |
| INVX Innovex International, Inc. compare | 33.6% |
| EFXT Enerflex Ltd. compare | 23.6% |
| XPRO Expro Group Holdings N.V. compare | 21.7% |
| LBRT Liberty Energy Inc. compare | 18.0% |
| WTTR Select Water Solutions, Inc. compare | 16.2% |
| NESR National Energy Services Reunited | 13.4% |
| NEXT NextDecade Corporation compare | 0.00% |
| EROK EagleRock Land LLC compare | — |
| Oil & Gas Equipment & Services industry median | 22.9% |
| Energy sector median | 42.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
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- The full statement