Name: NESR Income Statement - National Energy Services Reunited Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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NESR - National Energy Services Reunited Corp.

USD | NASDAQ | Energy

NESR Income Statement - National Energy Services Reunited Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q3 FY 23	Q2 FY 23	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q3 FY 18	Q1 FY 18	Q3 FY 17	Q2 FY 17
Revenues
Revenues	404.6	398.3	295.3	327.4	303.1	343.7	336.2	325.0	296.8	300.1	280.3	211.4	218.0	234.9	212.4	213.2

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2017	FY2016
Revenues
Revenues	1,425.5	1,324.0	1,301.7	1,145.9	909.5	876.7	834.2	-	-	-
Cost of Revenue	1,246.4	1,159.3	1,093.0	997.3	844.0	873.9	756.2	-	-	-
Gross Profit	179.1	164.7	208.7	148.7	65.5	2.8	77.9	-	-	-
Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-
Selling General & Administrative	46.9	47.6	52.2
Operating Income
Operating Income	113.4	98.3	137.7	80.7	(0.9)	(43.3)	35.3	-	-	-
Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-
Interest Expense	30.8	32.5	39.9	45.8
Tax & Net
Income Tax Expense	13.1	9.3	19.2	17.3	6.6	4.0	12.5	-	-	-
Net Income From Continuing Ops	64.6	51.1	76.3
Per Share
EPS Basic	0.64	0.52	0.80	0.13	(0.39)	(0.71)	0.19	-	-	-
EPS Diluted	0.63	0.52	0.80	0.13
Supplementary Data
EBITDA	252.9	240.0	280.5	222.9	114.9	78.8	156.0	-	-	-
EBIT	113.4	98.3	137.7	80.7

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General & Administrative	11.1	12.7	11.1	12.1	11.8	10.9	13.3	14.3	13.7	12.3	10.1	(31.5)	19.1	22.4	18.1	(26.4)
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	33.8	47.4	29.0	29.3	36.0	53.1	28.2	27.9	33.6	27.8	28.2	35.0	29.3	27.6	30.2	37.1
Amortization of Intangibles	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1.4	(8.2)	0.8	0.9	1.1	(3.5)	0.4	0.2	0.6	1.4	0.2	(0.4)	(1.3)	(0.7)	0.3	9.5	0.0
Total Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Operating Income
Operating Income	36.0	30.7	19.6	27.1	20.9	43.6	35.4	34.1	24.6	28.1	17.2	(81.5)	8.1	14.1	16.0	(20.1)	19.0	17.9	18.5	-	19.8	22.0	20.1	-	(2.6)	(0.5)	(0.1)

Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	6.5	7.5	8.1	8.6	8.3	9.9	9.9	9.4	10.6	12.1	11.1	5.1	3.7	3.2	3.2	3.4	3.8	4.2
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pre-Tax Income	30.9	15.0	12.2	19.5	13.7	30.2	25.9	24.9	14.6	17.5	6.3	(87.0)	3.1	10.2	13.1	(14.0)	15.2

Tax & Net
Income Tax Expense	7.1	7.2	(5.5)	4.3	3.3	3.3	5.3	6.0	4.6	2.7	4.4	(1.2)	1.2	2.4	1.6	3.6	3.6	2.8	2.5	-	3.5	4.5	(2.9)	-	-	-	-
Net Income From Continuing Ops	23.8	7.8	17.7	15.2	10.4	26.8	20.6	18.9	10.0	14.7	1.9	(85.8)	1.9	7.8	11.5	(17.6)	11.7
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	23.8	7.8	17.7	15.2	10.4	26.8	20.6	18.9	10.0	14.7	1.9	(85.8)	1.9	7.8	11.5	(17.6)	11.7
Net Income Attributable To Parent	23.8	7.8	17.7	15.2	10.4	26.8	20.6	18.9	10.0	14.7	1.9	(85.8)	1.9	7.8	11.5	(17.6)
Less: Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	23.8	7.8	17.7	15.2	10.4	26.8	20.6	18.9	10.0	14.7	1.9	(21.3)	1.9	7.8	11.5

Per Share
EPS Basic	0.24	-	0.18	0.16	0.11	-	0.22	0.20	0.11	0.16	0.02	-	0.02	0.09	0.13	-	0.13	0.12	0.14	-	0.13	0.13	0.15	-	-	-	-
EPS Diluted	0.23	-	0.18	0.16	0.11	-	0.22	0.20	0.10	0.16	0.02	-	0.02	0.08	0.12	-	0.13	0.12
Shares Basic	100.8	-	100.4	96.4	96.1	-	95.4	95.4	95.1	95.0	94.9	-	91.3	91.1	90.4	-	89.9	88.2
Shares Diluted	102.9	-	100.7	97.6	96.7	-	95.7	95.5	95.4	95.0	94.9	-	93.1	94.6	91.9	-	89.9	88.2

Supplementary Data
EBITDA	69.8	78.1	48.6	56.4	57.0	96.6	63.6	62.0	58.2	55.9	45.4	(46.5)	37.4	41.7	46.2	17.0	47.0	44.3	47.7	-	37.0	38.0	38.7	-	-	-	-
EBIT	36.0	30.7	19.6	27.1	20.9	43.6	35.4	34.1	24.6	28.1	17.2	(81.5)	8.1	14.1	16.0	(20.1)	19.0	17.9	18.5