Income Statement - National Energy Services Reunited Corp. (NESR)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,324.05 | 1,301.70 | 1,145.92 | 909.52 | 876.73 | 834.15 | 658.39 | 271.32 | 271.32 | |
| Cost of revenue | 1,178.09 | 1,093.03 | 1,016.04 | 844.04 | 891.99 | 772.06 | 522.73 | 200.15 | 200.15 | |
| Gross profit | 145.96 | 208.67 | 129.88 | 65.48 | -15.26 | 62.09 | 135.65 | 71.18 | 71.18 | |
| Total operating expenses | 47.64 | 70.97 | 49.17 | 910.43 | 28.07 | 26.81 | 63.84 | -30.34 | 30.94 | |
| Operating income | 98.32 | 137.70 | 80.70 | -0.92 | -43.33 | 35.28 | 71.81 | 40.23 | 39.66 | |
| Non-operating income (net) | -37.92 | -42.21 | -50.86 | -28.88 | -17.25 | -6.18 | -19.38 | -7.29 | -6.72 | 0.00 |
| Income before tax | 60.40 | 95.50 | 29.85 | -29.80 | -60.58 | 29.10 | 52.44 | 32.94 | 32.94 | |
| Income tax expense | 9.27 | 19.19 | 17.27 | 3.99 | 12.54 | 13.07 | 4.59 | 4.59 | ||
| Net income | 51.13 | 76.31 | 12.58 | -36.42 | -64.57 | 16.56 | 39.36 | 28.35 | 30.63 |
Show Quarterly Income Statement
Income Statement - National Energy Services Reunited Corp. (NESR)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 404.59 | 398.26 | 295.32 | 327.37 | 303.10 | 343.68 | 336.21 | 324.97 | 296.85 | 307.52 | 300.08 | 280.31 | 211.38 | 217.99 | 234.93 | 212.43 | 213.18 | 218.42 | 203.25 | 199.30 | 185.18 | 161.61 | 159.90 | 151.70 | 203.01 | 145.58 | 44.99 | 77.54 | 77.54 | 70.45 | 68.59 | 54.74 |
| Cost of revenue | 357.45 | 354.93 | 264.65 | 288.18 | 270.34 | 284.50 | 282.79 | 271.83 | 253.91 | 263.11 | 254.96 | 248.32 | 324.42 | 190.82 | 198.43 | 178.32 | 182.12 | 181.99 | 168.28 | 158.27 | 157.98 | 125.36 | 120.84 | 118.55 | 152.61 | 105.93 | 37.06 | 2.56 | 57.43 | 50.55 | 0.08 | 0.00 |
| Gross profit | 47.14 | 43.34 | 30.67 | 39.19 | 32.76 | 59.18 | 53.41 | 53.14 | 42.94 | 44.42 | 45.12 | 31.99 | -113.03 | 27.17 | 36.50 | 34.11 | 31.06 | 36.44 | 34.97 | 41.03 | 27.20 | 36.25 | 39.06 | 33.15 | 50.40 | 39.65 | 7.93 | -2.56 | 20.12 | 19.90 | -0.08 | 0.00 |
| Total operating expenses | 11.10 | 12.66 | 11.06 | 12.10 | 11.82 | 15.60 | 17.96 | 19.02 | 18.38 | 279.96 | 16.99 | 14.75 | -31.52 | 19.07 | 22.38 | 18.15 | 18.89 | 17.45 | 17.11 | 22.51 | 17.25 | 16.49 | 17.06 | 13.05 | 22.95 | 13.76 | 2.56 | 2.56 | 7.79 | 0.47 | 0.08 | 0.47 |
| Operating income | 36.04 | 30.68 | 19.61 | 27.09 | 20.94 | 43.58 | 35.45 | 34.12 | 24.56 | 27.57 | 28.14 | 17.24 | -81.51 | 8.10 | 14.12 | 15.96 | 12.17 | 18.99 | 17.86 | 18.52 | 9.95 | 19.76 | 22.00 | 20.11 | 27.46 | 25.90 | -2.56 | -2.56 | 12.33 | -0.47 | -0.08 | -0.47 |
| Non-operating income (net) | -5.09 | -15.71 | -7.37 | -7.62 | -7.23 | -13.43 | -9.54 | -9.26 | -9.98 | -19.08 | -10.66 | -10.90 | -5.51 | -4.97 | -3.89 | -2.88 | 6.11 | -3.76 | -4.50 | -4.04 | -4.06 | -5.14 | -6.19 | -3.99 | -3.19 | -5.75 | 0.71 | 0.71 | -1.97 | 0.44 | 0.38 | 0.44 |
| Income before tax | 30.94 | 14.98 | 12.24 | 19.47 | 13.72 | 30.15 | 25.91 | 24.86 | 14.58 | 8.49 | 17.48 | 6.34 | -87.02 | 3.13 | 10.23 | 13.08 | 18.28 | 15.23 | 13.36 | 14.47 | 5.89 | 14.62 | 15.81 | 16.12 | 24.27 | 20.15 | -1.85 | -1.85 | 10.36 | -0.03 | 0.30 | -0.03 |
| Income tax expense | 7.11 | 7.17 | -5.50 | 4.27 | 3.33 | 3.32 | 5.29 | 5.99 | 4.59 | 2.75 | 4.39 | -1.23 | 1.20 | 2.41 | 1.61 | 1.77 | 3.57 | 2.85 | 2.53 | 2.17 | 3.51 | 4.45 | 2.94 | 5.44 | 3.99 | -0.73 | -0.73 | 2.95 | -0.31 | -0.18 | -0.57 | |
| Net income | 23.83 | 7.80 | 17.74 | 15.20 | 10.39 | 26.84 | 20.62 | 18.87 | 9.98 | 2.26 | 14.73 | 1.95 | -85.79 | 1.93 | 7.82 | 11.47 | 16.52 | 11.67 | 10.51 | 11.95 | 3.72 | 11.11 | 11.36 | 13.17 | 19.03 | 16.11 | -1.85 | -1.85 | 7.92 | -0.42 | 0.30 | -0.03 |