National Energy Services Reunited Corp.
For the period ended Sep 30, 2026. Filed Nov 9, 2026.
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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.
Sep 30, 2026 · Filed Nov 9, 2026
NESR$20.38+4.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(In US$ thousands, except share data and per share amounts)
| For the three-month period ended | For the nine-month period ended | |||
|---|---|---|---|---|
| Description | September 30, 2026 | September 30, 2025 | September 30, 2026 | September 30, 2025 |
| Revenues | $504,725 | $295,315 | $1,430,063 | $925,785 |
| Cost of services | (435,771) | (259,955) | (1,227,986) | (809,086) |
| Gross profit | 68,954 | 35,360 | 202,077 | 116,699 |
| Selling, general and administrative expenses (excluding Amortization) | (12,573) | (11,061) | (35,694) | (34,981) |
| Amortization | (3,872) | (4,693) | (12,998) | (14,080) |
| Operating income | 52,509 | 19,606 | 153,385 | 67,638 |
| Interest expense, net | (6,706) | (8,128) | (20,287) | (24,974) |
| Other (expense) / income, net | (2,761) | 759 | (197) | 2,758 |
| Income before income tax | 43,042 | 12,237 | 132,901 | 45,422 |
| Income tax (expense) / benefit | (8,714) | 5,500 | (30,729) | (2,093) |
| Net income | $34,328 | $17,737 | $102,172 | $43,329 |
| Weighted average shares outstanding (Note 9): | ||||
| Basic | 101,490,792 | 100,356,020 | 101,050,794 | 97,656,777 |
| Diluted | 103,385,626 | 100,724,290 | 103,193,761 | 97,951,178 |
| Earnings per share (Note 9): | ||||
| Basic | $0.34 | $0.18 | $1.01 | $0.44 |
| Diluted | $0.33 | $0.18 | $0.99 | $0.44 |
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