Loading...
•
Jun 30, 2025
NESR Q2 2025 Earnings Report
NESR posted strong sequential growth in Q2 2025, with higher revenue, earnings, and margin expansion.
Key Takeaways
NESR reported $327.4M in revenue and $15.2M in net income for Q2 2025. Adjusted EBITDA increased 13% sequentially, supported by margin improvement and operational efficiency. Cash flow from operations was exceptionally strong.
Revenue grew to $327.4M, up 8.0% sequentially.
Net income rose to $15.2M, with EPS of $0.16.
Adjusted EBITDA reached $70.6M, with a margin of 21.6%.
Cash from operations hit $98.5M, enabling $68.7M in free cash flow.
Forward Guidance
NESR expects continued revenue and earnings growth driven by a strong contract pipeline, operational execution, and geographic diversification.
Positive Outlook
- Sequential revenue growth driven by diversified operations.
- Adjusted EBITDA margin expanded by 95 basis points.
- Operational efficiency boosted free cash flow.
- Net Debt to trailing EBITDA ratio hit all-time low (0.74).
- Disclosure controls and SEC remediation were completed.
Challenges Ahead
- Higher accounts receivable reduced free cash flow slightly.
- Q2 revenue growth YoY was under 1.0%.
- Cost inflation and global macro headwinds remain.
- Short-term debt level increased from year-end.
- Adjusted net income fell YoY from $27.4M to $20.1M.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...