National Energy Services Reunited (NESR)
NASDAQ:NESR
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Earnings Data
Report Date
Aug 05, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.33Last Year’s EPS
0.21Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational execution, sizable year-over-year revenue and earnings growth, a healthy balance sheet (net leverage 0.66x) and a clear capital return plan — all backed by a robust regional tender pipeline and Jafurah momentum. Near-term headwinds include geopolitical disruptions in March, ~$4M of incremental freight costs, FX losses (~$3.6M), seasonal working capital pressure (negative Q1 free cash flow of $5.3M) and higher input costs (e.g., diesel). Management views many of these as temporary and expects sequential margin and cash flow improvement; on balance, the positives (record revenue, material earnings improvement, strong execution, capital-return initiatives and low leverage) outweigh the transitory lowlights.Company Guidance
Record Quarterly Revenue
Revenue of $404.6M (all-time high), up 1.6% sequentially and 33.5% year-over-year, driven by Jafurah ramp-up and increased activity across Kuwait, Algeria, Libya and Egypt.
Strong Profitability and Earnings Growth
Adjusted EBITDA of $76.7M (≈19% margin in Q1 seasonality); net income of $23.8M (more than doubled sequentially, +129% YoY); adjusted diluted EPS $0.26.
Healthy Balance Sheet and Improved Returns
Gross debt $287.4M, net debt $194.4M; net leverage ~0.66x (well below 1.0x target); return on capital employed ~10.9%.
Capital Allocation and Shareholder Returns Initiated
Announced framework to begin returning capital: quarterly dividend to start Q4'26 at $0.10/share ($0.40/year) and a $50M share repurchase program, signaling confidence in cash durability.
Execution and Growth at Jafurah
Flawless execution on the Jafurah contract with acceleration in project activity; fourth fleet in-country and potential to accelerate stages ahead of prior schedule, implying upside to volumes and profitability.
Countercyclical Investment Supporting Growth
Q1 CapEx $36M; full-year CapEx guidance ~ $180M reflecting investments behind awarded contracts and a stated path toward a $2B revenue target and technology-led expansion.
Robust Regional Opportunity and Tender Pipeline
Maintains a ~ $3B tender pipeline; cites large regional spend (e.g., ADNOC $55B over 2 years) and expansion opportunities in North Africa (Algeria, Libya, Egypt) to support multi-year growth.
Operational Resilience and Supply Chain Preparedness
No evacuations, 100% local workforce reliability; implemented 30-60-90 day supply-chain blueprint and absorbed incremental logistics to ensure uninterrupted operations amid regional disruption.
National Energy Services Reunited (NESR) Earnings, Revenues Date & History
NESR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NESR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $23.10 | $25.43 | +10.09% |
Feb 17, 2026 | $20.83 | $24.17 | +16.03% |
Nov 13, 2025 | $13.03 | $13.97 | +7.21% |
Aug 20, 2025 | $7.29 | $8.31 | +13.99% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does National Energy Services Reunited (NESR) report earnings?
National Energy Services Reunited (NESR) is schdueled to report earning on Aug 05, 2026, TBA (Confirmed).
What is National Energy Services Reunited (NESR) earnings time?
National Energy Services Reunited (NESR) earnings time is at Aug 05, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NESR EPS forecast?
NESR EPS forecast for the fiscal quarter 2026 (Q2) is 0.33.