Nine Energy Service, Inc. financials
Source: EDGAR filings · Built 2026-06-19T02:52:04Z
Custom taxonomy namespace:
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Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -23.29M | -1.62M | 20.69M | -13.15M | -56.92M | -15.31M |
| EBITDA | 36.74M | 45.72M | 58.23M | 83.81M | -4.99M | -334.27M |
| Working Capital | 77.42M | 88.92M | 100.88M | 115.72M | 82.85M | 122.75M |
| Net Debt | 364.20M | 330.91M | 335.48M | 360.36M | 350.56M | 315.39M |
| Gross Margin | — | — | — | — | — | 2.80% |
| Operating Margin | 0.42% | 1.61% | 2.88% | 7.34% | -14.31% | -123.26% |
| Net Margin | -9.13% | -7.41% | -5.28% | 2.43% | -18.48% | -121.91% |
| Return on Equity (ROE) | 44.64% | 62.19% | 90.41% | -61.23% | 164.45% | -1856.77% |
| Return on Assets (ROA) | -15.12% | -11.41% | -8.01% | 3.37% | -16.92% | -85.62% |
| Current Ratio | 1.85× | 2.09× | 2.22× | 2.43× | 2.47× | 3.83× |
| Debt-to-Equity | -3.33× | -5.43× | -10.28× | -16.07× | -9.48× | 18.83× |
| Effective Tax Rate | 0.33% | -0.48% | -1.85% | 3.65% | 0.04% | 0.64% |
| Cash Conversion Ratio | 0.14× | -0.32× | -1.41× | 1.16× | 0.63× | 0.01× |
| Accruals Ratio | -0.13× | -0.15× | -0.19× | -0.01× | -0.06× | -0.85× |
| SBC % of Revenue | 0.39% | 0.53% | 0.36% | 0.41% | 1.55% | 3.13% |
| CapEx Coverage | -0.46× | 0.89× | 1.83× | 0.56× | -2.45× | -0.47× |
| Free Cash Flow Per Share | $-0.57 | $-0.04 | $0.62 | $-0.41 | $-1.88 | $-0.51 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 561.91M | 554.10M | 609.53M | 593.38M | 349.42M | 310.85M |
| Cost of Revenue | — | — | — | — | — | 302.16M |
| Gross Profit | — | — | — | — | — | 8.69M |
| Operating Income (Loss) | 2.35M | 8.94M | 17.57M | 43.57M | -50.02M | -383.17M |
| Income Tax Expense (Benefit) | -171.00K | 198.00K | 585.00K | 546.00K | -25.00K | -2.46M |
| Net Income (Loss) Attributable to Parent | -51.32M | -41.08M | -32.21M | 14.39M | -64.58M | -378.95M |
| Earnings Per Share, Basic | $-1.25 | $-1.11 | $-0.97 | $0.47 | $-2.13 | $-12.74 |
| Weighted Average Number of Shares Outstanding, Basic | 40.92M | 37.17M | 33.28M | 30.93M | 30.30M | 29.74M |
| Earnings Per Share, Diluted | $-1.25 | $-1.11 | $-0.97 | $0.45 | $-2.13 | $-12.74 |
| Weighted Average Number of Shares Outstanding, Diluted | 40.92M | 37.17M | 33.28M | 32.25M | 30.30M | 29.74M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 18.45M | 27.88M | 30.84M | 17.45M | 21.51M | 68.86M |
| Assets, Current | 168.83M | 170.46M | 183.63M | 196.72M | 139.30M | 166.16M |
| Assets | 339.46M | 360.08M | 401.98M | 426.83M | 381.61M | 442.60M |
| Long-term Debt | — | — | — | — | — | 343.56M |
| Liabilities, Current | 91.41M | 81.55M | 82.75M | 81.00M | 56.45M | 43.41M |
| Long-term Debt, Excluding Current Maturities | 341.57M | 317.26M | 320.52M | 338.03M | 332.31M | 342.71M |
| Liabilities | 454.42M | 426.14M | 437.61M | 450.34M | 420.88M | 422.19M |
| Stockholders' Equity Attributable to Parent | -114.96M | -66.06M | -35.63M | -23.51M | -39.27M | 20.41M |
| Common Stock, Shares, Outstanding | 43.33M | 42.35M | 35.32M | 33.22M | 32.83M | 31.56M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -7.31M | 13.20M | 45.51M | 16.67M | -40.42M | -4.90M |
| Payments to Acquire Property, Plant, and Equipment | 15.95M | 14.76M | 24.60M | 28.55M | 15.41M | 9.42M |
| Net Cash Provided by (Used in) Investing Activities | -13.59M | -14.18M | -23.16M | -25.42M | -11.92M | -1.78M |
| Net Cash Provided by (Used in) Financing Activities | 12.86M | -1.68M | -8.89M | 4.85M | 5.05M | -17.39M |
Derived Metrics
| Concept | Q1 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -5.90M | -12.91M | -4.80M | -18.48M | -5.06M | -9.27M |
| EBITDA | 1.42M | -5.06M | 3.12M | — | — | 14.26M |
| Working Capital | 92.88M | 95.46M | 77.42M | 89.10M | 81.80M | 88.55M |
| Net Debt | 115.27M | 79.09M | 364.20M | 361.52M | 348.67M | 341.83M |
| Operating Margin | -2.06% | -12.45% | -4.16% | -0.88% | 2.29% | 3.74% |
| Net Margin | -3.01% | 122.05% | -14.54% | -11.09% | -7.06% | -4.69% |
| Return on Equity (ROE) | -0.94% | 79.79% | 16.72% | 15.28% | 12.71% | 9.79% |
| Return on Assets (ROA) | -0.38% | 33.64% | -5.66% | -4.30% | -2.88% | -1.97% |
| Current Ratio | 2.13× | 2.24× | 1.85× | 2.21× | 1.87× | 2.03× |
| Debt-to-Equity | 0.94× | 0.72× | -3.33× | -3.92× | -4.44× | -4.98× |
| Effective Tax Rate | 6.77% | 0.10% | -0.60% | -0.36% | 4.19% | -1.66% |
| Cash Conversion Ratio | 1.93× | -0.09× | 0.11× | 0.35× | -0.46× | 0.75× |
| Accruals Ratio | 0.00× | 0.37× | -0.05× | -0.03× | -0.04× | -0.01× |
| SBC % of Revenue | 0.00% | 2.14% | 0.34% | 1.33% | 0.88% | 0.50% |
| CapEx Coverage | -0.69× | -3.36× | -0.83× | -0.38× | 0.49× | -1.32× |
| Free Cash Flow Per Share | $-0.42 | $-0.32 | $-0.12 | $-0.45 | $-0.12 | $-0.23 |
Income Statement
| Concept | Q1 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Revenues | 41.60M | 88.39M | 132.17M | 132.03M | 147.25M | 150.47M |
| Operating Income (Loss) | -856.00K | -11.01M | -5.49M | -1.17M | 3.38M | 5.63M |
| Income Tax Expense (Benefit) | -91.00K | 109.00K | 115.00K | 53.00K | -454.00K | 115.00K |
| Net Income (Loss) Attributable to Parent | -1.25M | 107.88M | -19.22M | -14.65M | -10.39M | -7.06M |
| Earnings Per Share, Basic | $-0.09 | $2.65 | $-0.46 | $-0.35 | $-0.25 | $-0.18 |
| Weighted Average Number of Shares Outstanding, Basic | 13.95M | 40.65M | 40.92M | 41.30M | 40.89M | 40.16M |
| Earnings Per Share, Diluted | $-0.09 | $2.65 | $-0.46 | $-0.35 | $-0.25 | $-0.18 |
| Weighted Average Number of Shares Outstanding, Diluted | 13.95M | 40.66M | 40.92M | 41.30M | 40.89M | 40.16M |
Balance Sheet
| Concept | Q1 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 11.25M | 17.82M | 18.45M | 14.39M | 14.22M | 17.27M |
| Assets, Current | 174.85M | 172.15M | 168.83M | 162.90M | 175.73M | 174.58M |
| Assets | 326.04M | 320.68M | 339.46M | 340.70M | 361.17M | 359.18M |
| Liabilities, Current | 81.97M | 76.69M | 91.41M | 73.80M | 93.93M | 86.03M |
| Long-term Debt, Excluding Current Maturities | 90.44M | 90.31M | 341.57M | 339.39M | 323.45M | 319.14M |
| Liabilities | 192.06M | 185.47M | 454.42M | 436.57M | 442.90M | 431.29M |
| Stockholders' Equity Attributable to Parent | 133.98M | 135.20M | -114.96M | -95.87M | -81.74M | -72.11M |
| Common Stock, Shares, Outstanding | 13.95M | — | 43.33M | 43.36M | 43.37M | 42.35M |
Cash Flow Statement
| Concept | Q1 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -2.42M | -9.95M | -2.17M | -5.13M | 4.81M | -5.28M |
| Payments to Acquire Property, Plant, and Equipment | 3.48M | 2.95M | 2.62M | 13.32M | 9.85M | 3.98M |
| Net Cash Provided by (Used in) Investing Activities | -3.44M | -2.04M | -432.00K | -13.16M | -9.75M | -3.98M |
| Net Cash Provided by (Used in) Financing Activities | -787.00K | 20.50M | 6.30M | 6.56M | -5.47M | -1.56M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (NINE CIK 0001532286),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.