National Energy Services Reunited (NESR) Revenue & Revenue Breakdown


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National Energy Services Reunited Revenue Highlights


Latest Revenue (Y)

$1.32B

Latest Revenue (Q)

$404.59M

Main Segment (Y)

Production Services

Main Geography (Y)

Rest of World

National Energy Services Reunited Revenue by Period


National Energy Services Reunited Revenue by Year

DateRevenueChange
2025-12-31$1.32B1.72%
2024-12-31$1.30B13.60%
2023-12-31$1.15B25.99%
2022-12-31$909.52M3.74%
2021-12-31$876.73M5.10%
2020-12-31$834.15M26.70%
2019-12-31$658.38M100.00%
2018-12-31--100.00%
2017-12-31$271.32M100.00%
2016-12-31--

National Energy Services Reunited generated $1.32B in revenue during NA 2025, up 1.72% compared to the previous quarter, and up 158.73% compared to the same period a year ago.

National Energy Services Reunited Revenue by Quarter

DateRevenueChange
2026-03-31$404.59M1.59%
2025-12-31$398.26M34.86%
2025-09-30$295.31M-9.79%
2025-06-30$327.37M8.01%
2025-03-31$303.10M-11.81%
2024-12-31$343.68M2.22%
2024-09-30$336.20M3.46%
2024-06-30$324.97M9.47%
2024-03-31$296.85M-3.47%
2023-12-31$307.52M2.48%
2023-09-30$300.08M7.05%
2023-06-30$280.31M32.61%
2021-12-31$211.38M-3.03%
2021-09-30$217.99M-7.21%
2021-06-30$234.93M10.59%
2021-03-31$212.43M-0.35%
2020-12-31$213.18M-2.40%
2020-09-30$218.42M7.47%
2020-06-30$203.25M1.98%
2020-03-31$199.30M7.63%
2019-12-31$185.18M14.58%
2019-09-30$161.61M1.07%
2019-06-30$159.90M5.40%
2019-03-31$151.70M-25.27%
2018-12-31$203.01M39.45%
2018-09-30$145.58M100.00%
2018-06-30-100.00%
2018-03-31--100.00%
2017-12-31$77.54M10.06%
2017-09-30$70.45M100.00%
2017-06-30-100.00%
2017-03-31--

National Energy Services Reunited generated $404.59M in revenue during Q1 2026, up 1.59% compared to the previous quarter, and up 117.72% compared to the same period a year ago.

National Energy Services Reunited Revenue Breakdown


National Energy Services Reunited Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22
Production Services$816.00M$878.08M$785.64M$567.25M
Drilling and Evaluation Services$508.05M$423.63M$360.27M$342.27M

National Energy Services Reunited's latest annual revenue breakdown by segment (product or service), as of Dec 25: Production Services (61.63%), and Drilling and Evaluation Services (38.37%).

Quarterly Revenue by Product

Product/ServiceMar 26Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20
Drilling and Evaluation Services$163.54M$79.93M$82.26M$75.66M$70.13M$64.22M$66.11M
Production Services$241.04M$138.06M$152.67M$136.77M$148.29M$139.03M$133.19M

National Energy Services Reunited's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Production Services (59.58%), and Drilling and Evaluation Services (40.42%).

National Energy Services Reunited Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 25Dec 24Dec 23Dec 22
Rest of World$8.11M$18.78M--
Rest of world--$13.59M$15.88M

National Energy Services Reunited's latest annual revenue breakdown by geography, as of Dec 25: Rest of World (100.00%).

Quarterly Revenue by Country

CountryMar 26Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20
Rest of World$1.78M$2.44M$2.38M$2.64M$2.66M$2.51M$3.24M

National Energy Services Reunited's latest quarterly revenue breakdown by geography, as of Mar 26: Rest of World (100.00%).

National Energy Services Reunited Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
MRCMRC Global$3.01B$678.00M
DNOWDnow$2.82B$1.18B
RESRPC$1.63B$454.75M
NESRNational Energy Services Reunited$1.32B$404.59M
VTOLBristow Group$1.30B$386.29M
HLXHelix Energy Solutions Group$1.29B$287.95M
PUMPProPetro$1.27B-
INVXInnovex$978.25M$239.03M
FLOCFlowco$759.72M$176.94M
LPGDorian LPG$481.51M$119.96M
NPKINPK$277.04M$75.07M

NESR Revenue FAQ


What is National Energy Services Reunited’s yearly revenue?

National Energy Services Reunited's yearly revenue for 2025 was $1.32B, representing an increase of 1.72% compared to 2024. The company's yearly revenue for 2024 was $1.3B, representing an increase of 13.60% compared to 2023. NESR's yearly revenue for 2023 was $1.15B, representing an increase of 25.99% compared to 2022.

What is National Energy Services Reunited’s quarterly revenue?

National Energy Services Reunited's quarterly revenue for Q1 2026 was $404.59M, a 1.59% increase from the previous quarter (Q4 2025), and a 33.48% increase year-over-year (Q1 2025). The company's quarterly revenue for Q4 2025 was $398.26M, a 34.86% increase from the previous quarter (Q3 2025), and a 15.88% increase year-over-year (Q4 2024). NESR's quarterly revenue for Q3 2025 was $295.32M, a -9.79% decrease from the previous quarter (Q2 2025), and a -12.16% decrease year-over-year (Q3 2024).

What is National Energy Services Reunited’s revenue growth rate?

National Energy Services Reunited's revenue growth rate for the last 3 years (2023-2025) was 15.54%, and for the last 5 years (2021-2025) was 51.02%.

What are National Energy Services Reunited’s revenue streams?

National Energy Services Reunited's revenue streams in c 25 are Production Services, and Drilling and Evaluation Services. Production Services generated $816M in revenue, accounting 61.63% of the company's total revenue, down -7.07% year-over-year. Drilling and Evaluation Services generated $508.05M in revenue, accounting 38.37% of the company's total revenue, up 19.93% year-over-year.

What is National Energy Services Reunited’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of National Energy Services Reunited was Production Services. This segment made a revenue of $816M, representing 61.63% of the company's total revenue.