NASDAQ$NESR
National Energy Services Reunited Corp · Q3 2025 earnings
Q3 2025 earnings · · Before market open · Investor relations
Briefing
NESR posted solid profitability in Q3 2025, supported by cost efficiency measures despite a softer revenue environment.
National Energy Services Reunited Corp. reported Q3 2025 results with $295.3 million in revenue and $17.7 million in net income. The company maintained strong EBITDA margins amid lower activity in key regions and continued to execute its growth strategy with recent major contract wins.
- Revenue reached $295.3 million for the quarter.
- Net income totaled $17.7 million, up sequentially.
- Adjusted EBITDA was $64.0 million with a margin of 21.7%.
- Cash balance declined to $69.7 million as of quarter end.
Headline financials
Revenue & EPS history
NESR · Revenue · Quarterly
$295M
Forward guidance
Management expects improved cash flow in Q4 2025, continued margin strength, and execution of large new contracts including Jafurah.
Tailwinds
- Expected improvement in operating cash flow in Q4.
- Strong margin discipline maintained.
- New large contract wins in Saudi Arabia and beyond.
- Readiness to execute on large-scale infrastructure projects.
- Focus on sustained value creation for shareholders.
Headwinds
- Q3 revenue came in lower than expected.
- Reduced activity due to contract transition in Saudi Arabia.
- Increase in working capital requirements.
- Decrease in cash and cash equivalents.
- Free cash flow reduced versus prior year due to higher receivables.
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 Q3 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% | — | — |
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