NESR Q2 revenue rises 59% to $520.8 million; net income nearly triples to $44.0 million
National Energy Services Reunited Corp. (NESR) reported second-quarter 2026 results on August 10, 2026, with revenue, net income and diluted EPS all up sharply from a year earlier and from the first quarter. Cash flow also improved, and net debt fell to $99.6 million from $185.3 million at December 31, 2025, which strengthens the balance sheet for shareholders. The filing gives no new guidance.
Key points
- Revenue of $520.8 million, up 59.1% year-over-year and 28.7% sequentially
- Net income of $44.0 million and diluted EPS of $0.43, versus $15.2 million and $0.16 a year earlier
- Operating cash flow of $174.0 million and free cash flow of $99.9 million for the quarter
- Net debt of $99.6 million at June 30, 2026, down from $185.3 million at December 31, 2025
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.