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National Energy Services Reunited (NESR) operating margin by quarter

National Energy Services Reunited's operating margin was 12.5% in Q2 2026 (second quarter 2026), +3.5 pts from Q1 2026. Over the last 3 quarters it ranged from 7.7% (Q4 2025) to 12.5% (Q2 2026).

National Energy Services Reunited operating margin by quarterNational Energy Services Reunited operating margin by quarter7.7%Q4 20258.9%Q1 202612.5%Q2 2026
QuarterOperating marginQ/QY/Y
Q2 202612.5%+3.5 pts—
Q1 20268.9%+1.2 pts—
Q4 20257.7%——

Q2 2026 at a glance

National Energy Services Reunited, Q2 2026: revenue $521M (+59% year over year), operating margin 12.5%, net earnings $44.0M, operating cash flow $174M. The chart follows the revenue to costs, profit and cash.

Questions

What is National Energy Services Reunited's operating margin?

National Energy Services Reunited's operating margin was 12.5% in Q2 2026 (second quarter 2026), +3.5 pts from Q1 2026.

How has National Energy Services Reunited's operating margin changed?

Over the last 3 quarters it ranged from 7.7% (Q4 2025) to 12.5% (Q2 2026).

Q2 2026 results → · How National Energy Services Reunited makes money →