National Energy Services Reunited Corp.'s stock soared 5.11% during intraday trading on Tuesday, driven by the company's release of better-than-expected fourth-quarter financial results.
The MENA and Asia Pacific energy services provider reported Q4 2025 revenue of $398.3 million, beating analyst estimates of $370.2 million and representing a 15.9% year-over-year increase. The company also exceeded expectations with adjusted EPS of $0.32 versus estimates of $0.25, and adjusted net income of $31.9 million compared to estimates of $26.4 million.
According to the company's earnings release, the strong performance was driven by improved utilization, early stages of mobilization on new contracts, and effective cost controls. Adjusted EBITDA rose 32% sequentially to $84.4 million, also surpassing analyst expectations, highlighting the scalability of operations and strong operational momentum heading into 2026.