)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
National Energy Services Reunited
National Energy Services Reunited (NESR) investor relations material
National Energy Services Reunited Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary9 Nov, 2026
Executive summary
Q3 revenue rose 70.9% YoY to $504.7M; operating income was $52.5M and net income was $34.3M, while Adjusted EBITDA increased 49.9% to $95.9M.
Nine-month revenue reached $1,430.1M vs. $925.8M, net income was $102.2M vs. $43.3M, and operating cash flow exceeded $200M.
Financial highlights
Q3 revenue fell 3.1% QoQ; adjusted net income was $39.6M, up 156.8% YoY, and adjusted diluted EPS was $0.38.
Q3 diluted EPS was $0.33 vs. $0.18; gross profit was $69.0M vs. $35.4M YoY.
Nine-month operating cash flow was $201.5M vs. $125.7M; nine-month free cash flow was $48.7M, while Q3 free cash flow was negative $45.9M.
Outlook and guidance
FY26 revenue goal is ~$2B, with adjusted EBITDA margin of ~20%; FY26 CapEx guidance is $220M–$225M.
FY26 guidance includes ~$28M net interest expense, ~22.5% tax rate, ~8% net income margin, and free cash flow conversion of 30%–35% of Adjusted EBITDA.
Q4 free cash flow is expected to improve on collections and working capital; FY26 conversion is expected toward 35% of Adjusted EBITDA.
2027 revenue is expected to grow on projects and outperformance, with margins holding or improving slightly; the 3B3 target is $3B annual revenue by exit 2028.
Regional activity is expected to remain flat under current conditions; North Africa was viewed as capable of 20%–30% YoY growth in 2027.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from National Energy Services Reunited
- A $3B revenue target pairs MENA growth with a new $90M capital return program.NESR
Barclays Energy Conference September 2026 presentation - Record Q2 2026 revenue, net income, and cash flow growth with new dividend and strong outlook.NESRQ2 2026
- Rapid growth, strong cash flow, and new shareholder returns drive expansion in the Middle East.NESRLytham Partners Spring 2026 Investor Conference
- Record revenue and profit growth, with new dividends and buybacks amid regional challenges.NESRQ1 2026
- All proposals, including director elections and auditor ratification, were approved.NESRAGM 2026
- Proxy covers director elections, say-on-pay, auditor ratification, and ESG priorities.NESRProxy filing
- Q4 2025 revenue hit $398.3M, adjusted EBITDA rose, and net debt fell sharply.NESRQ4 2025
- Record Q3 2024 revenue and net income growth, with leverage and cash flow improvements.NESRQ3 2024
- Record revenue, EBITDA, and cash flow in 2024; poised for above-market growth in 2025.NESRQ4 2024
Next National Energy Services Reunited earnings date
Q4 202617 Feb, 2027
National Energy Services Reunited
Next National Energy Services Reunited earnings date
Q4 202617 Feb, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
National Energy Services Reunited Corp. provides oilfield services to oil and gas companies in the Middle East, North Africa, and the Asia Pacific regions. It offers drilling services from land rigs and platform support vessels; drilling project offshore management services; mud engineering services, such as mud testing and treatment at the rig site; and tool rental services, such as shock tools, cementing equipment and packers, fishing tools, casing equipment, completions products and other auxiliary equipment rentals.