NESR Q2 FY26 diluted EPS rises 85.8% sequentially to USD 0.43; revenue climbs 59.1% year-over-year to USD 520.8 million
NESR•Q2 FY26 results
- NESR revenue rose 59.1% year-over-year to USD 520.8 million in the quarter ended June 30, 2026.
- Net income climbed to USD 44 million, up 189.6% year-over-year; diluted EPS rose to USD 0.43, up 168.8%.
- Non-GAAP adjusted EBITDA increased 50.5% year-over-year to USD 106.2 million.
- Operating cash flow surged 466.6% year-over-year to USD 174 million; non-GAAP free cash flow rose to USD 99.9 million from USD 68.7 million.
Management commentary and balance sheet
Management cited higher activity and execution, maintained operations without customer interruptions despite regional conflict, and reported net debt down to USD 99.6 million.
