National Energy Services Reunited Corp.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/17 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.3B | $1.3B | $1.1B | — | — |
| Cost of revenue | $1.2B | $1.1B | $997.3M | — | — |
| Gross profit | $164.7M | $208.7M | $148.7M | — | — |
| Selling, general & administrative | $47.6M | $52.2M | $49.2M | — | — |
| Operating income | $98.3M | $137.7M | $80.7M | — | -$4.2M |
| Interest expense | $32.5M | $39.9M | $45.8M | — | — |
| Pretax income | $60.4M | $95.5M | $29.8M | — | — |
| Income tax expense | $9.3M | $19.2M | $17.3M | — | — |
| Net income | $51.1M | $76.3M | $12.6M | — | -$2.9M |
| Balance Sheet | |||||
| Cash and equivalents | $124.8M | $108.0M | $67.8M | — | $741,096 |
| Current assets | $630.4M | $540.5M | — | — | $868,516 |
| Total assets | $1.9B | $1.8B | — | — | $231.4M |
| Current liabilities | $604.9M | $503.5M | — | — | $3.5M |
| Total liabilities | $883.6M | $865.4M | — | — | $12.5M |
| Stockholders' equity | $967.9M | $908.2M | $821.5M | $802.3M | $54.6M |
| Cash Flow Statement | |||||
| Cash from operations | $264.2M | $229.3M | $177.0M | — | -$865,000 |
| Depreciation and amortization | $141.7M | $142.8M | $142.2M | — | — |
| Stock-based compensation | $8.3M | $6.0M | $6.8M | — | — |
| Capital expenditure | $143.5M | $105.1M | $68.2M | — | — |
| Free cash flow | $120.8M | $124.2M | $108.8M | — | — |
| Impairments | $1.5M | $1.6M | — | — | — |
Shares outstanding 100.8M · Free float 24.0%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.