Nine Energy Service financials
$7.67−7.92%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $561.9M | $554.1M | $609.5M | $593.4M | $349.4M | $310.9M | $832.9M | $827.2M |
| Gross profit | $94.6M | $97.4M | $118.8M | $109.5M | $12.5M | -$23.7M | $112.4M | $133.6M |
| Gross margin | 16.8% | 17.6% | 19.5% | 18.5% | 3.6% | −7.6% | 13.5% | 16.2% |
| Operating income | $199.0K | $9.2M | $17.9M | $43.9M | -$49.4M | -$386.0M | -$167.4M | -$30.0M |
| Net income | -$51.3M | -$41.1M | -$32.2M | $14.4M | -$64.6M | -$378.9M | -$217.8M | -$53.0M |
| Net margin | −9.1% | −7.4% | −5.3% | 2.4% | −18.5% | −121.9% | −26.1% | −6.4% |
| Diluted EPS | $-1.25 | $-1.11 | $-0.97 | $0.45 | $-2.13 | $-12.74 | $-7.43 | $-2.17 |
| EBITDA | $34.6M | $46.0M | $59.0M | $93.3M | -$3.9M | -$40.7M | $81.6M | $114.8M |
| Operating cash flow | -$7.3M | $13.2M | $45.5M | $16.7M | -$40.4M | -$4.9M | $108.9M | $92.5M |
| Free cash flow | -$23.3M | -$1.6M | $20.9M | -$11.9M | -$55.8M | -$14.3M | $44.0M | $45.9M |
| Diluted shares | 40.9M | 37.2M | 33.3M | 32.3M | 30.3M | 29.7M | 29.3M | 24.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $18.4M | $27.9M | $30.8M | $17.4M | $21.5M | $68.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $347.9M | $320.9M | $323.4M | $340.5M | $335.5M | $345.8M |
| Total assets | $339.5M | $360.1M | $402.0M | $426.8M | $381.6M | $442.6M |
| Total liabilities | $454.4M | $426.1M | $437.6M | $450.3M | $420.9M | $422.2M |
| Shareholders' equity | -$115.0M | -$66.1M | -$35.6M | -$23.5M | -$39.3M | $20.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology