National Petroleum Services Company

National Petroleum Services Co. KSCC

NAPESCOStocksBoursa KuwaitEnergy

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	61.08M	41.03M	39.52M	37.18M	27.87M
Cost of Revenue	38.95M	27.85M	28.65M	27.85M	21.36M
Gross Profit	22.13M	13.18M	10.87M	9.33M	6.51M
SG&A	5.89M	3.66M	3.11M	2.17M	1.86M
Operating Expenses	5.98M	4.30M	3.25M	2.58M	2.01M
Operating Income	16.15M	8.89M	7.63M	6.75M	4.51M
Interest Income	971.53K	611.99K	931.69K	290.96K	275.23K
Interest Expense	-26.17K	-9.73K	-21.14K	-33.79K	-23.02K
Other Income/Expense	20.47K	154.40K	145.15K	342.24K	4.56K
Pretax Income	16.91M	16.85M	8.68M	6.90M	4.89M
Income Tax	—	119.07K	85.65K	80.37K	57.22K
Net Income	14.43M	13.42M	8.60M	6.82M	4.83M
EBITDA	19.31M	11.73M	10.16M	8.93M	6.60M
EBIT	16.15M	8.89M	7.63M	6.75M	4.51M
EPS (Basic)	0.16	0.15	0.09	0.07	0.05
EPS (Diluted)	0.16	0.15	0.09	0.07	0.05
DPS	0.10	0.07	0.06	0.05	0.04
Margins & Efficiency
Gross Margin %	+36.2%	+32.1%	+27.5%	+25.1%	+23.4%
EBITDA Margin %	+31.6%	+28.6%	+25.7%	+24.0%	+23.7%
Net Margin %	+23.6%	+32.7%	+21.7%	+18.4%	+17.3%
Revenue & Income
Revenue	61.08M	41.03M	39.52M	37.18M	27.87M
Revenue Growth (YoY)	+48.9%	+3.8%	+6.3%	+33.4%	+4.2%
Interest & Investment Income	971.53K	611.99K	931.69K	290.96K	275.23K
Earnings From Equity Investments	2.70M	4.60M	—	—	—
Gain (Loss) on Sale of Assets	—	—	—	—	239.70K
Gain (Loss) on Sale of Investments	—	—	—	-442.65K	-111.54K
Expenses & Provisions
Cost of Revenue	38.95M	27.85M	28.65M	27.85M	21.36M
Selling, General & Admin	5.89M	3.66M	3.11M	2.17M	1.86M
Operating Expenses	5.98M	4.30M	3.25M	2.58M	2.01M
Other Operating Expenses	—	390.30K	214.13K	200.51K	143.05K
Interest Expense	-26.17K	-9.73K	-21.14K	-33.79K	-23.02K
Other Non Operating Income (Expenses)	20.47K	154.40K	145.15K	342.24K	4.56K
Asset Writedown	-2.91M	—	—	—	—
D&A For EBITDA	3.16M	2.84M	2.54M	2.18M	2.10M
Profitability & Returns
Gross Profit	22.13M	13.18M	10.87M	9.33M	6.51M
Gross Margin	+36.2%	+32.1%	+27.5%	+25.1%	+23.4%
EBIT	16.15M	8.89M	7.63M	6.75M	4.51M
EBIT Margin	+26.4%	+21.7%	+19.3%	+18.1%	+16.2%
EBITDA	19.31M	11.73M	10.16M	8.93M	6.60M
EBITDA Margin	+31.6%	+28.6%	+25.7%	+24.0%	+23.7%
EBT Excluding Unusual Items	19.82M	14.24M	8.68M	7.35M	4.76M
Pretax Income	16.91M	16.85M	8.68M	6.90M	4.89M
Operating Income	16.15M	8.89M	7.63M	6.75M	4.51M
Operating Margin	+26.4%	+21.7%	+19.3%	+18.1%	+16.2%
Profit Margin	+23.6%	+32.7%	+21.7%	+18.4%	+17.3%
Net Income	14.43M	13.42M	8.60M	6.82M	4.83M
Net Income to Common	14.43M	13.42M	8.60M	6.82M	4.83M
Net Income Growth	+7.5%	+56.2%	+26.0%	+41.2%	-22.9%
Earnings From Continuing Ops.	16.91M	16.73M	8.60M	6.82M	4.83M
Minority Interest in Earnings	-2.47M	-3.30M	0.00M	0.00M	-0.00M
Income Tax Expense	—	119.07K	85.65K	80.37K	57.22K
Effective Tax Rate	—	+0.7%	+1.0%	+1.2%	+1.2%
Per Share & Capital
EPS (Basic)	0.16	0.15	0.09	0.07	0.05
EPS (Diluted)	0.16	0.15	0.09	0.07	0.05
EPS Growth	+7.5%	+67.6%	+26.0%	+41.2%	-22.9%
Dividend Per Share	0.10	0.07	0.06	0.05	0.04
Shares Change (YoY)	—	-0.07	-0	—	—
Shares Outstanding (Basic)	90.34M	90.34M	96.95M	97.00M	97.00M
Shares Outstanding (Diluted)	90.34M	90.34M	96.95M	97.00M	97.00M
Dividend Growth	+35.7%	+16.7%	+20.0%	+42.9%	-45.3%
Free Cash Flow	16.38M	13.79M	8.79M	5.74M	7.12M
Free Cash Flow Margin	+26.8%	+33.6%	+22.2%	+15.4%	+25.6%
Free Cash Flow Per Share	0.18	0.15	0.09	0.06	0.07
Payout Ratio	+43.3%	+39.9%	+55.9%	+49.7%	+125.2%
Supplemental
Other Unusual Items	—	2.61M	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	61.08M	41.03M	39.52M	37.18M	27.87M
Cost of Revenue	38.95M	27.85M	28.65M	27.85M	21.36M
Gross Profit	22.13M	13.18M	10.87M	9.33M	6.51M
SG&A	5.89M	3.66M	3.11M	2.17M	1.86M
Operating Expenses	5.98M	4.30M	3.25M	2.58M	2.01M
Operating Income	16.15M	8.89M	7.63M	6.75M	4.51M
Interest Income	971.53K	611.99K	931.69K	290.96K	275.23K
Interest Expense	-26.17K	-9.73K	-21.14K	-33.79K	-23.02K
Other Income/Expense	20.47K	154.40K	145.15K	342.24K	4.56K
Pretax Income	16.91M	16.85M	8.68M	6.90M	4.89M
Income Tax	—	119.07K	85.65K	80.37K	57.22K
Net Income	14.43M	13.42M	8.60M	6.82M	4.83M
EBITDA	19.31M	11.73M	10.16M	8.93M	6.60M
EBIT	16.15M	8.89M	7.63M	6.75M	4.51M
EPS (Basic)	0.16	0.15	0.09	0.07	0.05
EPS (Diluted)	0.16	0.15	0.09	0.07	0.05
DPS	0.10	0.07	0.06	0.05	0.04
Margins & Efficiency
Gross Margin %	+36.2%	+32.1%	+27.5%	+25.1%	+23.4%
EBITDA Margin %	+31.6%	+28.6%	+25.7%	+24.0%	+23.7%
Net Margin %	+23.6%	+32.7%	+21.7%	+18.4%	+17.3%
Revenue & Income
Revenue	61.08M	41.03M	39.52M	37.18M	27.87M
Revenue Growth (YoY)	+48.9%	+3.8%	+6.3%	+33.4%	+4.2%
Interest & Investment Income	971.53K	611.99K	931.69K	290.96K	275.23K
Earnings From Equity Investments	2.70M	4.60M	—	—	—
Gain (Loss) on Sale of Assets	—	—	—	—	239.70K
Gain (Loss) on Sale of Investments	—	—	—	-442.65K	-111.54K
Expenses & Provisions
Cost of Revenue	38.95M	27.85M	28.65M	27.85M	21.36M
Selling, General & Admin	5.89M	3.66M	3.11M	2.17M	1.86M
Operating Expenses	5.98M	4.30M	3.25M	2.58M	2.01M
Other Operating Expenses	—	390.30K	214.13K	200.51K	143.05K
Interest Expense	-26.17K	-9.73K	-21.14K	-33.79K	-23.02K
Other Non Operating Income (Expenses)	20.47K	154.40K	145.15K	342.24K	4.56K
Asset Writedown	-2.91M	—	—	—	—
D&A For EBITDA	3.16M	2.84M	2.54M	2.18M	2.10M
Profitability & Returns
Gross Profit	22.13M	13.18M	10.87M	9.33M	6.51M
Gross Margin	+36.2%	+32.1%	+27.5%	+25.1%	+23.4%
EBIT	16.15M	8.89M	7.63M	6.75M	4.51M
EBIT Margin	+26.4%	+21.7%	+19.3%	+18.1%	+16.2%
EBITDA	19.31M	11.73M	10.16M	8.93M	6.60M
EBITDA Margin	+31.6%	+28.6%	+25.7%	+24.0%	+23.7%
EBT Excluding Unusual Items	19.82M	14.24M	8.68M	7.35M	4.76M
Pretax Income	16.91M	16.85M	8.68M	6.90M	4.89M
Operating Income	16.15M	8.89M	7.63M	6.75M	4.51M
Operating Margin	+26.4%	+21.7%	+19.3%	+18.1%	+16.2%
Profit Margin	+23.6%	+32.7%	+21.7%	+18.4%	+17.3%
Net Income	14.43M	13.42M	8.60M	6.82M	4.83M
Net Income to Common	14.43M	13.42M	8.60M	6.82M	4.83M
Net Income Growth	+7.5%	+56.2%	+26.0%	+41.2%	-22.9%
Earnings From Continuing Ops.	16.91M	16.73M	8.60M	6.82M	4.83M
Minority Interest in Earnings	-2.47M	-3.30M	0.00M	0.00M	-0.00M
Income Tax Expense	—	119.07K	85.65K	80.37K	57.22K
Effective Tax Rate	—	+0.7%	+1.0%	+1.2%	+1.2%
Per Share & Capital
EPS (Basic)	0.16	0.15	0.09	0.07	0.05
EPS (Diluted)	0.16	0.15	0.09	0.07	0.05
EPS Growth	+7.5%	+67.6%	+26.0%	+41.2%	-22.9%
Dividend Per Share	0.10	0.07	0.06	0.05	0.04
Shares Change (YoY)	—	-0.07	-0	—	—
Shares Outstanding (Basic)	90.34M	90.34M	96.95M	97.00M	97.00M
Shares Outstanding (Diluted)	90.34M	90.34M	96.95M	97.00M	97.00M
Dividend Growth	+35.7%	+16.7%	+20.0%	+42.9%	-45.3%
Free Cash Flow	16.38M	13.79M	8.79M	5.74M	7.12M
Free Cash Flow Margin	+26.8%	+33.6%	+22.2%	+15.4%	+25.6%
Free Cash Flow Per Share	0.18	0.15	0.09	0.06	0.07
Payout Ratio	+43.3%	+39.9%	+55.9%	+49.7%	+125.2%
Supplemental
Other Unusual Items	—	2.61M	—	—	—