National Energy Services Reunited Corp. (NESR) stock
NESRNasdaqOil & Gas Field Services, NECFiscal year ends December 31
$21.19−0.04 (-0.19%)
Close on Nov 13, 2026Market cap $2.14BP/E 19.8Yield –
National Energy Services Reunited gross margin
Gross margin is gross profit as a percentage of revenue.
National Energy Services Reunited's gross margin for the twelve months ending Sep 30, 2026 was 13.7%. For fiscal 2025 it was 12.4%, against 16.0% the year before. The highest annual figure on record is 16.0% in fiscal 2024.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 12.4% | −3.6 |
| FY2024 | Dec 31, 2024 | 16.0% | +3.1 |
| FY2023 | Dec 31, 2023 | 13.0% | +5.8 |
| FY2022 | Dec 31, 2022 | 7.2% | +6.9 |
| FY2021 | Dec 31, 2021 | 0.3% | −9.0 |
| FY2020 | Dec 31, 2020 | 9.3% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 13.7% | +1.7 |
| Q2 FY2026 | Jun 30, 2026 | 15.6% | +2.2 |
| Q1 FY2026 | Mar 31, 2026 | 12.8% | +0.5 |
| Q4 FY2025 | Dec 31, 2025 | 12.1% | −5.2 |
| Q3 FY2025 | Sep 30, 2025 | 12.0% | −3.9 |
| Q2 FY2025 | Jun 30, 2025 | 13.4% | −2.9 |
| Q1 FY2025 | Mar 31, 2025 | 12.4% | −2.1 |
| Q4 FY2024 | Dec 31, 2024 | 17.2% | +2.8 |
| Q3 FY2024 | Sep 30, 2024 | 15.9% | +0.8 |
| Q2 FY2024 | Jun 30, 2024 | 16.4% | +4.9 |
| Q1 FY2024 | Mar 31, 2024 | 14.5% | +65.7 |
| Q4 FY2023 | Dec 31, 2023 | 14.4% | −0.2 |
| Q3 FY2023 | Sep 30, 2023 | 15.0% | −2.4 |
| Q2 FY2023 | Jun 30, 2023 | 11.4% | −6.5 |
| Q4 FY2021 | Dec 31, 2021 | -51.2% | −31.3 |
| Q3 FY2021 | Sep 30, 2021 | 14.6% | −3.9 |
| Q2 FY2021 | Jun 30, 2021 | 17.5% | −1.7 |
| Q1 FY2021 | Mar 31, 2021 | 17.9% | −2.6 |
| Q4 FY2020 | Dec 31, 2020 | -19.9% | −44.9 |
| Q3 FY2020 | Sep 30, 2020 | 18.5% | −8.4 |
| Q2 FY2020 | Jun 30, 2020 | 19.1% | −5.4 |
| Q1 FY2020 | Mar 31, 2020 | 20.6% | – |
| Q3 FY2019 | Sep 30, 2019 | 24.9% | – |
| Q2 FY2019 | Jun 30, 2019 | 26.9% | – |
| Q1 FY2019 | Mar 31, 2019 | 24.5% | – |
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