NESR Posts 71% Revenue Surge, Declares $0.10 Dividend in Q3 2026
National Energy Services Reunited Corp. reported Q3 2026 revenue of $504.7M, up 70.9% year-over-year, with net income jumping 93.5%.
National Energy Services Reunited Corp. delivered sharply higher third-quarter results for the period ended September 30, 2026, with revenue climbing 70.9% year-over-year to $504.7 million, the company announced.
Net income for the quarter reached $34.3 million, a 93.5% improvement compared with the same period a year earlier, signaling that profitability expanded at a faster pace than top-line growth — a dynamic that typically reflects improving operating leverage or favorable cost management.
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Diluted earnings per share also rose during the quarter, though the full figure was not disclosed in the preliminary release. The company separately declared a cash dividend of $0.10 per share, underscoring management's confidence in the sustainability of the earnings rebound.
NESR, which provides oilfield services primarily across the Middle East and North Africa region, has benefited from sustained upstream spending by national oil companies in those markets. The near-doubling of net income relative to revenue growth suggests the company is capturing scale efficiencies as activity levels rise.
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