NASDAQ$NESR

National Energy Services Reunited Corp · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

NESR reported Q1 2026 revenue of $404.6M (+33% YoY) with net income of $23.8M and diluted EPS of $0.23.

National Energy Services Reunited posted revenue of $404.6 million and net income of $23.8 million ($0.23 diluted EPS) on strong Middle East activity.

  • Revenue $404.6M (+33% YoY); net income $23.8M ($0.23 EPS).
  • Middle East drilling and production services activity strong.
  • Margin expansion on higher utilization.
  • International oilfield services recovery theme.
  • Working capital and capex needs for fleet growth.

Headline financials

Total Revenue

$405M

No prior period
EPS (adj)

$0.23

No prior period
Net Income

$23.8M

No prior period
Operating Income

$36M

No prior period
Gross Profit

$51.8M

No prior period

Revenue & EPS history

NESR · Revenue · Quarterly

$405M

Q1 2026
Beat estimate in 4 of 6 quarters(67%)
ActualEstimate

Forward guidance

NESR discusses regional activity and contract wins; oilfield services firms rarely give quarterly EPS guidance in 10-Q.

Tailwinds

  • Double-digit revenue growth and profitable quarter.
  • Middle East activity tailwinds.

Headwinds

  • Oil price and E&P spending cyclicality.
  • Geopolitical risk in core regions.
  • Competitive pricing in OFS markets.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 13 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+4.0%

Avg return

Earnings day

+4.1%

Avg return

5 days after

+0.3%

Avg return

30 days after

61%

19 / 31 earnings

Positive

+32.0%

Q4 2021

Best reaction

-12.9%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+10.1%+10.2%
Q4 2025+6.4%+17.1%+1.1%
Q3 2025+7.2%+9.4%+14.3%
Q2 2025+14.0%+18.1%+39.6%
Q4 2024+6.4%+1.2%-21.6%
Q3 2024+1.2%+3.4%-2.2%
Q3 2023+1.2%+3.4%-2.2%
Q2 2024-4.7%+0.0%-35.0%
Q4 2023+8.7%+0.0%+0.0%
Q4 2022+32.0%+0.0%+0.0%
Q4 2021+32.0%+0.0%+0.0%
Q1 2023-1.1%+0.0%+0.0%
Q3 2021+8.1%+0.0%+0.0%
Q2 2021-12.9%+0.0%+0.0%
Q1 2021+3.0%-0.9%+10.8%
Q4 2020+9.3%
Q3 2020-1.7%
Q2 2020+5.6%
Q1 2020+0.2%
Q4 2019+1.0%
Q3 2019+1.6%
Q2 2019+0.1%
Q1 2019-1.2%
Q4 2018-4.1%
Q3 2018+3.2%
Q2 2018-1.3%
Q1 2018-0.2%
Q4 2017-0.4%
Q3 2017-0.5%
Q2 2017+0.0%
Q1 2017+0.0%

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