National Energy Services Reunited Corp. filed its quarterly report on Form 10-Q for the period ended June 30, 2026, disclosing revenues, earnings, and balance sheet figures for the three- and six-month periods through that date.

Key Highlights

  • Q2 2026 Revenue: The company reported revenues of $520,752 thousand for the three-month period ended June 30, 2026, compared to $327,368 thousand for the same period in 2025.
  • Q2 2026 Net Income: Net income for the three-month period was $44,017 thousand, up from $15,201 thousand in the prior-year quarter.
  • Six-Month Revenue: For the six-month period ended June 30, 2026, the company reported revenues of $925,338 thousand versus $630,470 thousand for the same period in 2025.
  • Diluted EPS: Diluted earnings per share were $0.43 for the three-month period and $0.66 for the six-month period ended June 30, 2026.
  • Total Assets: Total assets stood at $2,097,190 thousand as of June 30, 2026, compared to $1,851,519 thousand at December 31, 2025.
  • Shares Outstanding: As of June 30, 2026, the registrant had 100,851,754 ordinary shares outstanding.
  • Cash Position: Cash and cash equivalents were $174,994 thousand at June 30, 2026, up from $124,797 thousand at December 31, 2025.

National Energy Services Reunited Q2 2026 Financial Results in Detail

National Energy Services Reunited Corp. (Nasdaq Capital Market: NESR) disclosed revenues of $520,752 thousand for the three-month period ended June 30, 2026, according to the filing. Cost of services for the same period was $439,460 thousand, yielding gross profit of $81,292 thousand. Operating income for the quarter was $64,841 thousand, with interest expense, net of $7,038 thousand and other income, net of $1,115 thousand. Income tax expense was $14,901 thousand, resulting in net income of $44,017 thousand for the quarter.

For the six-month period ended June 30, 2026, the company reported revenues of $925,338 thousand and net income of $67,844 thousand, compared to $630,470 thousand in revenues and $25,592 thousand in net income for the six-month period ended June 30, 2025, according to the filing. Basic earnings per share for the six-month period were $0.67, and diluted earnings per share were $0.66, based on a weighted average diluted share count of 103,084,578.

On the balance sheet, the company reported total assets of $2,097,190 thousand at June 30, 2026, compared to $1,851,519 thousand at December 31, 2025. Total liabilities increased to $1,055,145 thousand from $883,603 thousand at year-end 2025. Total equity was $1,042,045 thousand as of June 30, 2026, reflecting retained income of $132,846 thousand. Accounts receivable, net were $208,832 thousand, and long-term debt was $159,706 thousand, according to the filing. Share-based compensation expense of $5,172 thousand was recorded during the six-month period ended June 30, 2026.

What Was Disclosed

The filing presents unaudited condensed consolidated financial statements for National Energy Services Reunited Corp. covering the three- and six-month periods ended June 30, 2026, including income statements, balance sheets, statements of shareholders' equity, and cash flows.