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 rising 93.5%.
National Energy Services Reunited Corp. delivered sharply higher third-quarter results for the period ended September 30, 2026, posting revenue of $504.7 million — a year-over-year increase of 70.9% that signals accelerating demand for the oilfield services provider's operations across the Middle East and North Africa region.
Net income climbed to $34.3 million in the quarter, an improvement of 93.5% compared with the same period a year earlier. The near-doubling of bottom-line earnings outpaced even the strong top-line growth, suggesting the company achieved meaningful operating leverage as it scaled activity during the period.
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Diluted earnings per share also improved alongside the net income gains, though the company did not provide a full breakdown of the per-share figure in the initial release. The results reflect a broader trend of robust capital spending by national oil companies in the MENA region, where NESR derives a substantial portion of its business.
Alongside the financial results, NESR's board declared a cash dividend of $0.10 per share, underscoring management's confidence in the company's cash generation capability and its commitment to returning value to shareholders even as it pursues growth.
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