National Energy Services Reunited ( (NESR) ) has released its Q3 earnings. Here is a breakdown of the information National Energy Services Reunited presented to its investors.
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National Energy Services Reunited Corp. (NESR) is a leading provider of integrated energy services in the Middle East and North Africa, specializing in production and drilling services to enhance reservoir performance.
In its third-quarter 2025 financial results, NESR reported a revenue of $295.3 million and a net income of $17.7 million, marking a 16.7% increase from the previous quarter. Despite a challenging market environment, the company maintained strong profitability through cost reduction and operational efficiency.
Key financial metrics for the quarter included an adjusted EBITDA of $64.0 million and a diluted EPS of $0.18, both showing improvements on a sequential basis. However, year-over-year comparisons showed declines in revenue and adjusted net income, reflecting broader market challenges. The company’s free cash flow for the nine months ending September 2025 was $25.0 million, down from $103.0 million in the previous year, primarily due to increased accounts receivable.
NESR’s management remains optimistic, focusing on maintaining strong margins and pursuing growth opportunities, particularly with new contracts like the Saudi Jafurah integrated frac contract. The company is poised for expansion, supported by strategic investments and operational readiness.
Looking ahead, NESR aims to enhance working capital efficiency and deliver sustained value to shareholders, leveraging its strategic partnerships and expanding contract portfolio to drive future growth.