National Energy Services Reunited Corp. filings document the reporting of a British Virgin Islands-incorporated energy services company operating in the MENA oilfield services market. Its current reports and foreign private issuer filings cover GAAP financial results, non-GAAP reconciliations, unaudited condensed consolidated interim financial statements, and related exhibits furnished with earnings releases.
NESR's proxy and shareholder-meeting filings describe board elections, advisory executive compensation votes, the frequency of future compensation votes, auditor ratification, governance procedures, and voting results. The filings also provide formal disclosure around operating performance, capital structure, risk presentation, and governance matters tied to its Production Services and Drilling and Evaluation Services business lines.
National Energy Services Reunited Corp. reported strong top-line growth for Q4 2025, with revenue of $398.3 million, up 34.9% sequentially and 15.9% year-over-year. Adjusted net income rose to $31.9 million, up 106.6% sequentially, while adjusted EBITDA increased 32.0% to $84.4 million.
GAAP net income for the quarter was $7.8 million, reflecting non-cash technology impairments, credit loss provisions, restructuring in Oman, and other write-offs. For full-year 2025, revenue reached $1.324 billion and net income was $51.1 million. Operating cash flow for 2025 was $264.2 million, with free cash flow of $120.8 million and year-end Net Debt reduced to $185.3 million from $274.9 million.
National Energy Services Reunited Corp. (NESR) director Al-Nowais Yousif Mohammed Ali Nasser filed an initial ownership report showing indirect control of 5,358,396 ordinary shares. These shares are held through Al Nowais Investments LLC, meaning the position is owned via an affiliated investment entity rather than directly in his own name. This Form 3 establishes his status as a significant existing shareholder at the time he became a reporting insider.
National Energy Services Reunited Corp. disclosed the initial ownership of one of its key insiders. The reporting person, who serves as both a director and Chief Executive Officer, beneficially owns 3,184,643 ordinary shares of NESR. These shares are reported as being held directly by the insider.
The ownership report is tied to an event date of January 1, 2026 and is filed as a single-person Form 3, which is used to show a person’s holdings when they first become an insider under SEC rules.
National Energy Services Reunited Corp. (NESR) reported Q3 2025 results on a Form 6-K. Revenue was $295.3 million versus $336.2 million a year ago, as Production Services softened while Drilling & Evaluation grew. Gross profit was $35.4 million, and net income was $17.7 million versus $20.6 million last year. Diluted EPS was $0.18 compared to $0.22.
For the nine months, revenue was $925.8 million versus $958.0 million, with net income of $43.3 million. Operating cash flow was $125.7 million, funding capital expenditures of $100.6 million. Cash was $69.7 million and total borrowings were $332.9 million as of September 30, 2025; the Secured Term Loan outstanding was $274.1 million, and the company remained in covenant compliance.
NESR completed a warrant exchange in Q3, issuing approximately 3.54 million shares, bringing shares outstanding to 100,777,759. The quarter’s income tax benefit reflected $9.2 million in discrete adjustments. NESR previously settled an SEC matter for $400,000 and certified completion of required undertakings.
National Energy Services Reunited Corp. (NESR) furnished a Form 6-K noting it issued a press release announcing the filing of unaudited condensed consolidated interim financial statements for the three- and nine-month periods ended September 30, 2025. The press release is furnished as Exhibit 99.1.
The information in this report and the exhibit is furnished, not deemed “filed” under Section 18 of the Exchange Act and is not incorporated by reference unless expressly stated.