NASDAQ$NESR
National Energy Services Reunited Corp · Q2 2025 earnings
Q2 2025 earnings · · Before market open · Investor relations
Briefing
NESR posted strong sequential growth in Q2 2025, with higher revenue, earnings, and margin expansion.
NESR reported $327.4M in revenue and $15.2M in net income for Q2 2025. Adjusted EBITDA increased 13% sequentially, supported by margin improvement and operational efficiency. Cash flow from operations was exceptionally strong.
- Revenue grew to $327.4M, up 8.0% sequentially.
- Net income rose to $15.2M, with EPS of $0.16.
- Adjusted EBITDA reached $70.6M, with a margin of 21.6%.
- Cash from operations hit $98.5M, enabling $68.7M in free cash flow.
Headline financials
Revenue & EPS history
NESR · Revenue · Quarterly
$327M
Forward guidance
NESR expects continued revenue and earnings growth driven by a strong contract pipeline, operational execution, and geographic diversification.
Tailwinds
- Sequential revenue growth driven by diversified operations.
- Adjusted EBITDA margin expanded by 95 basis points.
- Operational efficiency boosted free cash flow.
- Net Debt to trailing EBITDA ratio hit all-time low (0.74).
- Disclosure controls and SEC remediation were completed.
Headwinds
- Higher accounts receivable reduced free cash flow slightly.
- Q2 revenue growth YoY was under 1.0%.
- Cost inflation and global macro headwinds remain.
- Short-term debt level increased from year-end.
- Adjusted net income fell YoY from $27.4M to $20.1M.
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 Q2 2025
+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
| Quarter | Report date | Reaction (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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro