Revenue
521 million USD
2026 Q2 · USD
Exact inputs and evidence
- Revenue: 520752000 USD Source
Fundies. English
National Energy Services Reunited Corp.
EDGARAnnual consolidated revenue for 2025: about USD 1.324B, using the latest reported figures. The previous period, 2024, was about USD 1.302B.
Latest quarter
Operating margin
12.45%
2026 Q2 · %
Operating cash flow
174 million USD
2026 Q2 · USD
- Cash and cash equivalents
- 175 million USD Source
Exact value
174994000 USD
- Long-term debt including current maturities
- 224 million USD Source
Exact value
224206000 USD
- Shares outstanding
- 101 million shares Source
Exact value
100851754 shares
Reported share-count change
4.56% · 4.4 million shares
Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Revenue
1.62 billion USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
Net income
93.4 million USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
Operating cash flow
350 million USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
- Operating cash flow: 125652000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: 118971000 USD · 2025-01-01 – 2025-06-30 Source
- Operating cash flow: 264242000 USD · 2025-01-01 – 2025-12-31 Source
- Operating cash flow: 125652000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: 30745000 USD · 2026-01-01 – 2026-03-31 Source
- Operating cash flow: 204758000 USD · 2026-01-01 – 2026-06-30 Source
- Operating cash flow: 30745000 USD · 2026-01-01 – 2026-03-31 Source
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-08-10.
Financial data available through: 2025-12-31.
Coverage by financial measure
- Revenue: 6 of 11 periods available· newest 2025-12-31
- Operating income: 7 of 11 periods available· newest 2025-12-31
- Net income: 8 of 11 periods available· newest 2025-12-31
- Operating cash flow: 7 of 11 periods available· newest 2025-12-31
- capital expenditure: No compatible figures in this window
- Total assets: 6 of 11 periods available· newest 2025-12-31
- Total liabilities: 6 of 11 periods available· newest 2025-12-31
- Current assets: 6 of 11 periods available· newest 2025-12-31
- Current liabilities: 6 of 11 periods available· newest 2025-12-31
- Cash and cash equivalents: 6 of 11 periods available· newest 2025-12-31
- Long-term debt including current maturities: 5 of 11 periods available· newest 2025-12-31
- Shares outstanding: 6 of 11 periods available· newest 2025-12-31
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
+1.7%Prior period
USD 1.3 billion
–
Current period
USD 1.32 billion
–
Exact inputs and evidence
1324047000 − 1301704000 = 22343000 USD
1301704000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source1324047000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
-33%Prior period
USD 76.31 million
–
Current period
USD 51.13 million
–
Exact inputs and evidence
51132000 − 76310000 = -25178000 USD
76310000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source51132000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+15.2%Prior period
USD 229.33 million
–
Current period
USD 264.24 million
–
Exact inputs and evidence
264242000 − 229329000 = 34913000 USD
229329000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source264242000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2025-01-01 – 2025-12-31
- Revenue USD 1.32 billion 100% of revenue
- Operating costs Derived USD 1.23 billion 93% of revenue
- Operating income USD 98.32 million 7.4% of revenue
- Tax, interest and other Derived USD 47.19 million 3.6% of revenue
- Net income USD 51.13 million 3.9% of revenue
Cash
- Operating cash flow USD 264.24 million 20% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2020 96%
- 2021 Operating loss: operating costs were 105% of revenue.
- 2022 Operating loss: operating costs were 100% of revenue.
- 2023 93%
- 2024 89%
- 2025 93%
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2020 2020-01-01 – 2020-12-31 | 834152000 | 798874000 Derived | 35278000 | 18723000 Derived | 16555000 | Unavailable | Source
|
| 2021 2021-01-01 – 2021-12-31 | 876729000 | 920061000 Derived | -43332000 | 21236000 Derived | -64568000 | Unavailable | Source
|
| 2022 2022-01-01 – 2022-12-31 | 909517000 | 910434000 Derived | -917000 | 35503000 Derived | -36420000 | Unavailable | Source
|
| 2023 2023-01-01 – 2023-12-31 | 1145915000 | 1065212000 Derived | 80703000 | 68123000 Derived | 12580000 | Unavailable | Source
|
| 2024 2024-01-01 – 2024-12-31 | 1301704000 | 1164000000 Derived | 137704000 | 61394000 Derived | 76310000 | Unavailable | Source
|
| 2025 2025-01-01 – 2025-12-31 | 1324047000 | 1225727000 Derived | 98320000 | 47188000 Derived | 51132000 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 1.3B 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2020 | Revenue | 834152000 |
|
| 2021 | Revenue | 876729000 |
|
| 2022 | Revenue | 909517000 |
|
| 2023 | Revenue | 1145915000 |
|
| 2024 | Revenue | 1301704000 |
|
| 2025 | Revenue | 1324047000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
1.7% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2020 | Year over year | No prior comparable period |
|
| 2021 | Year over year | 5.1% |
|
| 2022 | Year over year | 3.7% |
|
| 2023 | Year over year | 26% |
|
| 2024 | Year over year | 13.6% |
|
| 2025 | Year over year | 1.7% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin 7.4% 2025
Net margin 3.9% 2025
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2020 | Operating margin | 4.2% |
|
| 2021 | Operating margin | -4.9% |
|
| 2022 | Operating margin | -0.1% |
|
| 2023 | Operating margin | 7% |
|
| 2024 | Operating margin | 10.6% |
|
| 2025 | Operating margin | 7.4% |
|
| 2020 | Net margin | 2% |
|
| 2021 | Net margin | -7.4% |
|
| 2022 | Net margin | -4% |
|
| 2023 | Net margin | 1.1% |
|
| 2024 | Net margin | 5.9% |
|
| 2025 | Net margin | 3.9% |
|
| 2020 | Free cash flow margin | Not reported |
|
| 2021 | Free cash flow margin | Not reported |
|
| 2022 | Free cash flow margin | Not reported |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | Not reported |
|
| 2025 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD 264.2M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2020 | Operating cash flow | 134453000 |
|
| 2021 | Operating cash flow | 127743000 |
|
| 2022 | Operating cash flow | 92576000 |
|
| 2023 | Operating cash flow | 176959000 |
|
| 2024 | Operating cash flow | 229329000 |
|
| 2025 | Operating cash flow | 264242000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2020 | Free cash flow | Unavailable |
|
| 2021 | Free cash flow | Unavailable |
|
| 2022 | Free cash flow | Unavailable |
|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | Unavailable |
|
| 2025 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
47.7% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2020 | Liabilities / assets | 49% |
|
| 2021 | Liabilities / assets | 55.2% |
|
| 2022 | Liabilities / assets | 56.1% |
|
| 2023 | Liabilities / assets | 54.3% |
|
| 2024 | Liabilities / assets | 48.8% |
|
| 2025 | Liabilities / assets | 47.7% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
1.04× 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2020 | Current assets / current liabilities | 1.17× |
|
| 2021 | Current assets / current liabilities | 1.45× |
|
| 2022 | Current assets / current liabilities | 0.99× |
|
| 2023 | Current assets / current liabilities | 1.02× |
|
| 2024 | Current assets / current liabilities | 1.07× |
|
| 2025 | Current assets / current liabilities | 1.04× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2016 2016-01-01 – 2016-12-31 | USD 8.35 million Exact valueExact value: 8350000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Operating cash flow + Capital expenditure is unavailable for this period. |
| 2017 2017-01-01 – 2017-12-31 | USD 28.35 million Exact valueExact value: 28353000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Operating cash flow + Capital expenditure is unavailable for this period. |
| 2017 2017-01-23 – 2017-12-31 | −USD 2.86 million Exact valueExact value: -2864031 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 865,000 Exact valueExact value: -865000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2020 2020-01-01 – 2020-12-31 | USD 16.56 million Exact valueExact value: 16555000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 134.45 million Exact valueExact value: 134453000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2021 2021-01-01 – 2021-12-31 | −USD 64.57 million Exact valueExact value: -64568000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 127.74 million Exact valueExact value: 127743000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2022 2022-01-01 – 2022-12-31 | −USD 36.42 million Exact valueExact value: -36420000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 92.58 million Exact valueExact value: 92576000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2023 2023-01-01 – 2023-12-31 | USD 12.58 million Exact valueExact value: 12580000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 176.96 million Exact valueExact value: 176959000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2024-01-01 – 2024-12-31 | USD 76.31 million Exact valueExact value: 76310000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 229.33 million Exact valueExact value: 229329000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2025 2025-01-01 – 2025-12-31 | USD 51.13 million Exact valueExact value: 51132000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 264.24 million Exact valueExact value: 264242000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
89 filings · 2,153 latest values · 2,153 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001698514, 1698514, NESR, NESRU, edgar:1698514
Also known as NATIONAL ENERGY SERVICES REUNITED CORP., National Energy Services Reunited Corp.