NATIONAL ENERGY SERVICES REUNITED CORP.

NESR ·Energy, Oil & Gas Equipment & Services, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2018 FY2017
Revenue $1.32B $1.30B $1.15B
Cost of Revenue $1.16B $1.09B $997.3M
Gross Profit $164.7M $208.7M $148.7M
Gross Margin 12.4% 16.0% 13.0%
Operating Expenses
Research & Development
SG&A Expense $47.6M $52.2M $49.2M
Operating Income $98.3M $137.7M $80.7M $-4.2M
Operating Margin 7.4% 10.6% 7.0%
Interest Expense $32.5M $39.9M $45.8M
Pretax Income $60.4M $95.5M $29.8M
Income Tax Expense $9.3M $19.2M $17.3M
Net Income $51.1M $76.3M $12.6M $-2.9M
Net Margin 3.9% 5.9% 1.1%
EPS (Basic) $0.52 $0.80 $0.13 $-0.40
EPS (Diluted) $0.52 $0.80 $0.13 $-0.40
Shares Outstanding (Basic) 98.4M 95.5M 94.7M 28.7M 11.7M
Shares Outstanding (Diluted) 99.1M 95.7M 94.7M 28.7M 11.7M
Dividends Per Share