Houston, February 17, 2026
National Energy Services Reunited Corp. (NESR), a key player in Houston’s oilfield services sector, reports remarkable financial results for Q4 2025, highlighting a 34.9% sequential revenue increase to $398.3 million. This growth reflects strategic operational execution and reinforces Houston’s position as a global energy leader. NESR’s achievements during the year underline the city’s entrepreneurial spirit and its ability to navigate the evolving energy landscape, contributing to local job creation and economic stability.
Houston, TX
Houston’s NESR Soars in Q4 2025, Fueling Energy Sector Growth
National Energy Services Reunited Corp., a Houston-based oilfield services innovator, reports robust financial results, showcasing the power of entrepreneurial drive in a vital industry.
Houston, a city synonymous with energy and entrepreneurial spirit, continues to demonstrate its economic resilience through the performance of key local players. The latest financial reports from National Energy Services Reunited Corp. (NESR), a prominent oilfield services provider headquartered right here in Houston, underscore the ongoing vitality and innovative capacity within the sector. These results highlight how strategic vision and effective management can lead to significant growth, fostering economic momentum that benefits our entire community.
The success of companies like NESR is a testament to the dedication of Texas TX entrepreneurs and the supportive business environment that encourages private investment and innovation. As Houston navigates a dynamic global energy landscape, the ability of local firms to achieve substantial financial milestones reflects a broader pattern of adaptability and growth. This positive trajectory not only creates jobs but also solidifies Houston’s position as a global energy leader, showcasing the benefits of a robust, market-driven economy.
A Quarter of Strong Momentum
National Energy Services Reunited Corp. reported compelling financial results for the fourth quarter ended December 31, 2025. The company’s revenue for the quarter reached $398.3 million, marking a substantial increase of 34.9% sequentially and 15.9% year-over-year. This impressive top-line growth reflects increased activity and strategic operational execution in its target markets.
Beyond revenue, NESR also demonstrated enhanced profitability on an adjusted basis. The adjusted net income for the quarter stood at $31.9 million, an increase of 106.6% sequentially. Furthermore, adjusted EBITDA, a key measure of operational performance, rose by 32.0% sequentially to $84.4 million. While the GAAP net income for the quarter was $7.8 million, it is important to note that adjusted figures often provide a clearer picture of core operational profitability by excluding certain non-cash items or one-off charges.
Full-Year Performance and Fiscal Prudence
Looking at the full fiscal year 2025, NESR continued its positive trajectory, achieving a total revenue of $1.324 billion. The full-year net income for 2025 was $51.1 million. These results underscore a year of disciplined execution and strategic expansion for the company.
A hallmark of resilient businesses is strong cash flow generation, and NESR delivered on this front. The company’s operating cash flow for the full year 2025 reached $264.2 million, representing a 15.2% increase. Additionally, NESR generated $120.8 million in free cash flow. This robust cash generation supported a significant strengthening of the balance sheet, with Net Debt decreasing to $185.3 million from $274.9 million. Such fiscal prudence and effective management of liabilities are vital for sustained growth and financial stability in the energy sector.
Strategic Wins and Global Reach
NESR’s strong financial performance is bolstered by strategic contract acquisitions that expand its global footprint and service capabilities. The company secured major contracts across the Middle East and North Africa (MENA) region, notably including a multi-year fracturing contract for the Jafurah unconventional development in Saudi Arabia. These wins highlight NESR’s competitive edge and its ability to secure significant projects in key energy-producing regions.
Headquartered in Houston, National Energy Services Reunited Corp. was incorporated in 2017 and operates as a leading oilfield service provider primarily in the MENA and Asia Pacific regions. The company offers a comprehensive suite of services categorized into two main segments: Production Services and Drilling and Evaluation Services. Production Services encompass crucial operations such as hydraulic fracturing, coiled tubing, cementing, and stimulation. Meanwhile, Drilling and Evaluation Services include offerings like rigs and integrated services, directional drilling, and wireline logging. This diverse portfolio positions NESR to address a wide range of client needs in the complex energy extraction process.
Houston’s Enduring Energy Leadership
The success of Houston TX business entities like NESR reinforces the city’s standing as the “Energy Capital of the World.” Houston is home to an extensive ecosystem of over 3,700 energy-related firms, making it a critical hub for innovation and development in the sector. The city plays a pivotal role in fostering advancements in new energy technologies, including hydraulic fracturing, which is central to NESR’s specialized offerings.
Local companies, driven by Houston small business principles and large-scale innovation, significantly contribute to the region’s economic growth and job creation. The energy sector’s continued strength in Houston has historically propelled the area’s growth, showcasing its resilience even amid global shifts. Moreover, Houston’s proactive engagement in the evolving energy landscape, including its growing presence in solar energy and other new energy technologies, demonstrates a forward-thinking approach that balances traditional strengths with future opportunities, benefiting Houston energy sector stakeholders.
Conclusion
National Energy Services Reunited Corp.’s strong fourth-quarter and full-year 2025 financial results are a clear indicator of strategic success and operational excellence within the energy services industry. As a key Houston-based company, NESR’s achievements reflect the robust entrepreneurial spirit and innovative capabilities that define our local economy. This performance not only strengthens the company’s position but also contributes significantly to the overall economic health and dynamism of Houston, reinforcing its reputation as a global energy leader.
We encourage all readers to support Houston TX business ventures, recognizing that their success fuels our community’s prosperity. Stay engaged with HEREhouston.com for more insights into the companies and trends shaping our city’s vibrant economic future.
Frequently Asked Questions
What were National Energy Services Reunited Corp.’s revenues for the fourth quarter of 2025?
National Energy Services Reunited Corp.’s revenue for the quarter ended December 31, 2025, was $398.3 million.
How much did NESR’s revenue grow sequentially and year-over-year in Q4 2025?
NESR’s revenue was up 34.9% sequentially and 15.9% year-over-year for the fourth quarter of 2025.
What was the adjusted net income for National Energy Services Reunited Corp. in Q4 2025?
The adjusted net income for National Energy Services Reunited Corp. in Q4 2025 was $31.9 million, up 106.6% sequentially.
What was NESR’s full-year 2025 revenue?
National Energy Services Reunited Corp.’s full-year 2025 revenue was $1.324 billion.
Where is National Energy Services Reunited Corp. headquartered?
National Energy Services Reunited Corp. is headquartered in Houston, Texas.
What regions does NESR primarily serve?
National Energy Services Reunited Corp. primarily provides oilfield services in the Middle East and North Africa (MENA) and Asia Pacific regions.
What types of services does NESR offer?
NESR offers Production Services, including hydraulic fracturing, coiled tubing, and cementing, and Drilling and Evaluation Services, such as rigs and directional drilling.
Key Financial and Operational Highlights of National Energy Services Reunited Corp. (Q4 & Full-Year 2025)
| Metric | Q4 2025 Result | Full-Year 2025 Result | Description |
|---|---|---|---|
| Revenue | $398.3 million (up 34.9% sequentially, 15.9% year-over-year) | $1.324 billion | Total sales generated from operations. |
| Adjusted Net Income | $31.9 million (up 106.6% sequentially) | N/A (Full-year GAAP net income was $51.1 million) | Profitability measure excluding certain non-recurring or non-cash items. |
| Adjusted EBITDA | $84.4 million (up 32.0% sequentially) | N/A | Earnings before interest, taxes, depreciation, and amortization, adjusted. |
| Operating Cash Flow | N/A | $264.2 million (up 15.2%) | Cash generated from regular business operations. |
| Free Cash Flow | N/A | $120.8 million | Cash available after expenses and capital expenditures. |
| Net Debt | Decreased to $185.3 million from $274.9 million | N/A | Total debt minus cash and cash equivalents. |
| Headquarters | Houston, Texas | Primary administrative center of the company. | |
| Primary Service Regions | Middle East and North Africa (MENA) and Asia Pacific | Geographic areas where the company primarily operates. | |
| Key Contract Wins | Multi-year fracturing contract for the Jafurah unconventional development in Saudi Arabia | Significant business agreements secured. | |
Deeper Dive: News & Info About This Topic
HERE Resources
Houston’s Ascendant Growth: A Texas Economic Powerhouse
Author: STAFF HERE HOUSTON TX WRITER
The HOUSTON STAFF WRITER represents the experienced team at HEREHouston.com, your go-to source for actionable local news and information in Houston, Harris County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Houston Livestock Show and Rodeo, Art Car Parade, and Chevron Houston Marathon. Our coverage extends to key organizations like the Greater Houston Partnership and Houston Area Urban League, plus leading businesses in energy and healthcare that power the local economy such as ExxonMobil, Schlumberger, and Houston Methodist. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREDallas.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
