NESR at a glance
National Energy Services Reunited Corp. (NESR, SEC CIK 1698514) filed its latest 10-K annual report on March 6, 2026, a 10-Q quarterly report on August 10, 2026, an 8-K current report on August 10, 2026 and Form 4 insider filings as recently as September 11, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), National Energy Services Reunited Corp. (NESR) reported revenue of $1.3 billion and net income of $51.1 million. Diluted EPS was $0.52.
- The most recent insider open-market sale reported on Form 4 was by Campo Mejia Antonio J on September 9, 2026 of 63,324 shares at $35.45 per share.
- In the last 90 days, NESR insiders reported 0 open-market purchases ($0) and 3 open-market sales ($6.2M) on Form 4, a net sale of $6.2M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $1.3B
- 10-K XBRL
- Insiders · 90 days
- 0 buys · 3 sells
- Net −$6.2M
- Latest 8-K
- Aug 10, 2026
- Item 7.01 · Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model not detailed in this filing excerpt
- No new products, services, or segments introduced or emphasized this year
- Focus on compliance: adoption of Insider Trading Policy with Exhibit 19.1 attached
- Auditor firm Grant Thornton Dubai branch engaged for fiscal year 2026
- Business section primarily references Proxy Statement for executive compensation, ownership, and governance details
Risk Factors
- Litigation risk in Qatar and UAE regarding ownership and historical profits of subsidiaries acquired in NPS acquisition (Note 13 reference)
- Middle East conflict escalation Feb 28, 2026, affecting Saudi Arabia, UAE, Qatar operations via supply disruptions and increased costs
- Customer concentration with four customers accounting for 49%, 9%, 8%, and 7% of 2025 revenues increasing revenue risk from contract loss
- Competition from larger multinational oilfield service companies with greater resources potentially reducing market share and pricing power
- Debt agreements with restrictive covenants and interest rate exposure may limit subsidiaries’ cash distributions, risking acceleration of repayment
Management Discussion & Analysis
- Revenue $1,324M in 2025, up $22.3M (1.7%) from $1,301.7M in 2024; Production Services down $62.1M, Drilling & Evaluation up $84.4M
- Operating margin 7.4% in 2025 ($98.3M operating income) vs 10.6% in 2024 ($137.7M operating income); gross margin 12.4% vs 16.0%
- Best segment: Drilling & Evaluation services operating income $69.1M (+9.4% YoY); Worst segment: Production Services operating income $100.3M (-31.7% YoY)
- Cash flow from operations $264.2M in 2025, up $34.9M YoY; Capex increased to $152.2M; Financing cash outflows $87.3M due to debt repayments, no buybacks/dividends reported
- Management highlights stable MENA demand despite oil price and rig count fluctuations; key risks include cost structure pressures and tax uncertainties
AI summary of the NESR 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Segment mix: Production Services 63% of quarterly revenue versus 63% YoY
- Drilling and Evaluation Services 37% of quarterly revenue versus 37% YoY
- Brent crude $70.46 per barrel versus $61.35 at December 31, 2025
- Demand resilient from Saudi customer investment, with geopolitical escalation and sanctions as potential headwinds
Risk Factors
- No newly added risk factors as of June 30, 2026
- No material changes to risks disclosed in the December 31, 2025 Form 10-K
- No mine-safety violations or regulatory matters requiring disclosure
- No defaults upon senior securities during the period
- No unregistered equity sales or new insider trading arrangements disclosed
AI summary of the NESR 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 7.01: Regulation FD Disclosure
- Section contains only an incorporation-by-reference disclaimer
- No substantive Regulation FD disclosure or investor-relevant information included
Item 2.02: Results of Operations and Financial Condition
- FY2026 financial results issued in accompanying news release, with GAAP and reconciled non-GAAP measures
- Earnings call scheduled for August 10, 2026 at 8:00 AM ET
Item EX-99.1: Item EX-99.1
- Q2 revenue $520.8M, up 59.1% YoY and 28.7% sequentially, indicating accelerating activity across key service lines
- Net income $44.0M and diluted EPS $0.43, up 189.6% and 168.8% YoY, respectively, demonstrating strong operating leverage
Item 4.01: Changes in Registrant's Certifying Accountant
- Audit committee dismissed Grant Thornton after competitive tender, effective upon completion of the December 31, 2026 audit
- PwC appointed auditor for fiscal year ending December 31, 2027
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Maen Razouqi appointed additional independent director, effective August 1, 2026
- Committee assignments remain undecided, leaving near-term governance responsibilities unclear
AI summaries of NESR 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for NESR
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- Fund moves. Which tracked funds opened, added or cut NESR, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Campo Mejia Antonio J | Sell | Sep 9, 2026 | 63,324 | $35.45 |
| Foda Sherif | G | Sep 2, 2026 | 675,000 | - |
| Foda Sherif | G | Sep 2, 2026 | 675,000 | - |
| Foda Sherif | Sell | Aug 31, 2026 | 100,000 | $35.00 |
| Angeli Stefan | Sell | Aug 18, 2026 | 13,570 | $35.12 |
| CHASE ANTHONY R | A | Aug 14, 2026 | 2,800 | - |
| POLLINA LISA A | M | Aug 14, 2026 | 5,000 | - |
| Campo Mejia Antonio J | A | Aug 14, 2026 | 2,800 | - |
Financial SummaryXBRL
| Metric | FY2017 | FY2025 |
|---|---|---|
| Profitability | ||
| Revenue | - | $1.3B |
| Gross Profit | - | $164.7M |
| Operating Income | -$4.2M | $98.3M |
| Net Income | - | $51.1M |
| Gross Margin | - | 12.4% |
| Op. Margin | - | 7.4% |
| Net Margin | - | 3.9% |
| Balance Sheet | ||
| Total Assets | $231.4M | $1.9B |
| Equity | - | $967.9M |
| ROE | - | 5.3% |
| Per Share | ||
| EPS | - | $0.52 |
| Cash Flow | ||
| Operating CF | -$865K | $264.2M |
Source: XBRL data in National Energy Services Reunited Corp. (NESR)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
NESR filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 11, 2026 | - | - | - |
| 4 | Sep 2, 2026 | - | - | - |
| 4 | Aug 21, 2026 | - | - | - |
| 4 | Aug 17, 2026 | - | - | - |
| 4 | Aug 17, 2026 | - | - | - |
| 4 | Aug 17, 2026 | - | - | - |
| 4 | Aug 17, 2026 | - | - | - |
| 4 | Aug 17, 2026 | - | - | - |
| 8-K | Aug 10, 2026 | - | Analysis | - |
| 10-Q | Aug 10, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 10, 2026 | - | Analysis | - |
| 8-K | Jul 21, 2026 | - | Analysis | - |
| 4 | Jun 29, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 10, 2026 | - | - | |
| 4 | May 27, 2026 | - | - | |
| 4 | May 20, 2026 | - | - | |
| 4 | May 15, 2026 | - | - | |
| 8-K | May 14, 2026 | - | Analysis | |
| 8-K | May 11, 2026 | - | Analysis | |
| 10-Q | May 11, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 7, 2026 | - | Analysis | |
| 10-K | Mar 6, 2026 | Dec 31, 2025 | Analysis | |
| 8-K | Feb 17, 2026 | - | - | |
| 20-F | Mar 28, 2025 | Dec 31, 2024 | - |
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NESR SEC filings: frequently asked questions
Are NESR insiders buying or selling?
In the last 90 days, National Energy Services Reunited Corp. (NESR) officers, directors and 10% owners reported no open-market purchases and 3 open-market sales worth $6.2 million by 3 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
What was NESR's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), National Energy Services Reunited Corp. (NESR) reported revenue of $1.3 billion and net income of $51.1 million. Diluted EPS was $0.52. The figures come from the XBRL data in the 10-K.
What are the main risks in NESR's latest 10-K?
In the 10-K filed March 6, 2026, National Energy Services Reunited Corp. (NESR) flagged: Litigation risk in Qatar and UAE regarding ownership and historical profits of subsidiaries acquired in NPS acquisition (Note 13 reference). Middle East conflict escalation Feb 28, 2026, affecting Saudi Arabia, UAE, Qatar operations via supply disruptions and increased costs. (AI summary of the Risk Factors section.)
What did NESR report in its latest 8-K?
National Energy Services Reunited Corp. (NESR) filed an 8-K on August 10, 2026 reporting Item 7.01 (Regulation FD Disclosure) and Item 2.02 (Results of Operations and Financial Condition). Section contains only an incorporation-by-reference disclaimer.
What are the latest NESR SEC filings?
National Energy Services Reunited Corp. (NESR) filed its latest 10-K annual report on March 6, 2026, a 10-Q quarterly report on August 10, 2026, an 8-K current report on August 10, 2026 and a Form 4 insider filing on September 11, 2026.
What is NESR's SEC CIK number?
National Energy Services Reunited Corp. (NESR)'s SEC Central Index Key (CIK) is 1698514. EDGAR lists every NESR filing under that number.
Ask anything about NESR
The research agent reads NESR's filings, financials, insider trades and 13F holders, then answers with sources.