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National Energy Services Reunited Corp.

For the period ended Jun 30, 2026. Filed Aug 10, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 10, 2026

NESR$19.96+4.0%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

(Mark one)

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30,2026

OR

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________ to __________

Commission File Number:001-38091

NATIONAL ENERGY SERVICES REUNITED CORP.

(Exact name of registrant as specified in its charter)

British Virgin Islands82-4881231
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
777 Post Oak Blvd., Suite 730, Houston, Texas77056
(Address of principal executive offices)(Zip Code)

+1 (832) 925-3777

Registrant’s telephone number, including area code

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Ordinary shares, no par value per shareNESRThe Nasdaq Capital Market

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐Accelerated filer ☒
Non-accelerated filer ☐Smaller reporting company ☐
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes ☐ No☒

As of June 30, 2026, the registrant had 100,851,754 ordinary shares outstanding.

NATIONAL ENERGY SERVICES REUNITED CORP.

FORM 10-Q

TABLE OF CONTENTS

PART I – FINANCIAL INFORMATION3
ITEM 1. FINANCIAL STATEMENTS3
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)4
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)5
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (UNAUDITED)6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)7
NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)8
1. BASIS OF PRESENTATION8
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES8
3. ACCOUNTS RECEIVABLE, NET9
4. SERVICE INVENTORIES9
5. PROPERTY, PLANT, & EQUIPMENT, NET10
6. DEBT10
7. INCOME TAXES12
8. COMMITMENTS AND CONTINGENCIES12
9. EARNINGS PER SHARE13
10. REPORTABLE SEGMENTS14
ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS17
EXECUTIVE OVERVIEW17
RESULTS OF OPERATIONS18
LIQUIDITY AND CAPITAL RESOURCES20
CRITICAL ACCOUNTING POLICIES AND ESTIMATES22
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS22
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK23
ITEM 4. CONTROLS AND PROCEDURES23
PART II - OTHER INFORMATION24
ITEM 1. LEGAL PROCEEDINGS24
ITEM 1A. RISK FACTORS24
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS24
ITEM 3. DEFAULTS UPON SENIOR SECURITIES24
ITEM 4. MINE SAFETY DISCLOSURES24
ITEM 5. OTHER INFORMATION24
ITEM 6. EXHIBITS25
SIGNATURES26
Exhibit 31.1
Exhibit 31.2
Exhibit 32.1
Exhibit 32.2
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.