Monday 2 November 2026 Export NINE’s income statement to Excel — free account

Nine Energy Service, Inc.

NINE Energy Oil & Gas Equipment & Services

Nine Energy Service, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $561.9 million, up 1.41% from fiscal 2024.

Revenue: −3.70%
EPS: −37.7%
Free cash flow: −515.6%
Total debt: −69.5%

Quarter to June 2026, against a year earlier

7.08 0.76 −9.69%

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Market cap: $109.4M
P/E: 9.1×
Fwd P/E: 1.7×
Dividend yield: —
F-score: 2/9
Altman Z: n/a
Beneish M: −3.23
Dividend safety: n/a

Overview

Insider Decisions last twelve months

Trades a month
	Jan 26			Apr 26			Jul 26			Oct 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Size

Market Cap 109.37

Revenue ttm 536.00

Net income ttm 70.37

Free cash flow ttm (39.98)

Net debt Q 80.70

Valuation

P/E 9.10

Forward P/E 1.72

Price / sales 0.18

Forward P/S Powerpack

Price / FCF 0.00

Price / book 0.76

Financial health

Current ratio Q 2.34

Debt / equity Q 0.76

Interest coverage Q (1.54)

Growth

Revenue growth Q −3.70%

Operating income growth Q −185.52%

EPS, this year +464.80%

EPS, next year A −87.94%

Revenue, next year A −1.96%

EPS, past 5 yrs —

EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

Dividends

Yield: —
Annual rate: —
Payout ratio: —

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	31	28	20	18
Receivables	89	81	76	92
Inventory	54	51	57	49
Other	0	0	3	1
	184	170	169	171

	2023	2024	2025	Q'26
Payables	33	36	44	44
ST’ Debt	3	4	6	2
Other	—	—	—	—
	83	82	91	73

Compound Annual Growth %

	10y	5y	3y
Sales	1.62%	12.57%	(1.80%)
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	—	0.00%	0.00%

Earnings Trends EPS, adjusted, against the consensus

Q2 FY26 Estimate −0.06 Actual −0.04

−0.47 −0.35 −0.22 −0.10 0.02

Q2 FY26 Beat +0.02

Q3 FY26 — Nov 9

Earnings per share against the consensus, by quarter
Quarter	Estimate	Reported	Result
Q2 FY26	−0.06	−0.04	Beat by 0.02
Q3 FY26	−0.41	—	Reports 9 November 2026

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.95	(0.35)	—	—	—
’25	(0.18)	(0.25)	(0.35)	(0.47)	(1.25)
’24	(0.24)	(0.40)	(0.26)	(0.21)	(1.11)
’23	(0.19)	(0.08)	(0.39)	(0.31)	(0.97)
’22	(0.23)	(0.03)	0.45	0.26	0.45
’21	(0.28)	(0.81)	(0.53)	(0.52)	(2.13)
’20	(10.22)	(0.81)	(0.62)	(1.09)	(12.74)

Fiscal quarters ending in the months shown.

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	130	142	—	—	—
’25	150	147	132	132	562
’24	142	132	138	141	554
’23	163	161	141	144	610
’22	117	142	167	167	593
’21	67	85	93	105	349
’20	147	53	50	62	311

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(8)	(7)	—	—	—
’25	(5)	10	(10)	(2)	(7)
’24	(9)	13	(6)	15	13
’23	4	27	(10)	24	46
’22	(6)	0	15	8	17
’21	(5)	(20)	(2)	(14)	(40)
’20	1	2	2	(10)	(5)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(6)	(18)	—	—	—
’25	(9)	4	(13)	(3)	(21)
’24	(14)	10	(9)	12	(1)
’23	(1)	21	(14)	16	22
’22	(5)	(3)	11	(11)	(9)
’21	(7)	(19)	(3)	(24)	(52)
’20	1	3	0	(11)	(7)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM Jun ’26	Trend	10 yrs	2026e	2027e	2028e	Next 3/yr
													Ten-year view		Analyst estimates Powerpack
Income, $m
Income, $m	Revenue	282	544	827	833	311	349	593	610	554	562	536		+7.9%	551	606	667	+5.9%
	Gross margin, %	12.84	17.51	22.71	19.56	2.80	11.86	22.97	19.49	17.57	16.83	13.91		+4.0 pt	Powerpack Nine Energy Service, Inc.’s next three years, line by line Analysts expect revenue to grow 5.9% a year to 2028 — slower than the 7.9% of the last 9 years. See the consensus for every other line: earnings, margins, cash flow, valuation and returns. Unlock estimates Try Powerpack free for 7 days, then $99 / year ($8.25 a month). Cancel any time. Also in Powerpack: every quarter, Excel exports, API & MCP access. Compare plans
	EBT	(97)	(73)	(51)	(222)	(381)	(65)	15	(32)	(41)	(51)	68		(6.8%)
	EBT margin, %	(34.42)	(13.37)	(6.12)	(26.61)	(122.70)	(18.49)	2.52	(5.19)	(7.38)	(9.16)	12.77		+25.3 pt
	Net income	(71)	(68)	(53)	(218)	(379)	(65)	14	(32)	(41)	(51)	70		(3.5%)
Per share, $
Per share, $	Revenue	21.28	36.52	33.89	28.42	10.45	11.53	19.18	18.31	14.91	13.73	38.42		(4.8%)
	Earnings	(5.34)	(4.55)	(2.17)	(7.43)	(12.74)	(2.13)	0.47	(0.97)	(1.11)	(1.25)	0.78		(14.9%)
	Cash flow	(0.25)	0.38	3.67	3.46	(0.16)	(1.33)	0.54	1.37	0.36	(0.18)	(1.92)		(3.6%)
	Capex	(0.45)	(2.92)	(1.75)	(2.04)	(0.06)	(0.39)	(0.82)	(0.70)	(0.38)	(0.33)	(0.95)		(3.3%)
	Free cash flow	(0.70)	(2.54)	1.92	1.42	(0.22)	(1.73)	(0.28)	0.67	(0.03)	(0.51)	(2.87)		(3.4%)
	Book value	21.72	19.30	24.37	13.30	0.69	(1.30)	(0.76)	(1.07)	(1.78)	(2.81)	9.29		n/m
	Shares, m	13	15	24	29	30	30	31	33	37	41	38		+13.3%
Valuation, ×
Valuation, ×	P/E	9.38	9.38	9.38	9.38	9.38	9.38	9.38	9.38	9.38	9.38	9.10		9.4
	P/S	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.83	0.18		0.8
	P/B	3.34	3.34	3.34	3.34	3.34	3.34	3.34	3.34	3.34	3.34	0.76		3.3
	EV/Sales	0.96	0.96	0.96	0.96	0.96	0.96	0.96	0.96	0.96	0.96	0.33		1.0
	EV/FCF	(29.41)	(29.41)	(29.41)	(29.41)	(29.41)	(29.41)	(29.41)	(29.41)	(29.41)	(29.41)	(4.49)		(29.4)
Cash, $m
Cash, $m	Operating cash flow	(3)	6	90	101	(5)	(40)	17	46	13	(7)	(27)		+9.3%
	Capex	(6)	(43)	(43)	(60)	(2)	(12)	(25)	(23)	(14)	(14)	(13)		+9.6%
	Free cash flow	(9)	(38)	47	42	(7)	(52)	(9)	22	(1)	(21)	(40)		+9.5%
Balance, $m
Balance, $m	Working capital	41	(139)	225	208	123	83	116	101	89	77	98		+7.3%
	Net debt	240	224	364	299	276	313	323	293	293	328	81		+3.5%
	Shareholders’ equity	288	287	595	390	20	(39)	(24)	(36)	(66)	(115)	130		n/m
Returns, %
Returns, %	ROA	(24.62)	(11.72)	(6.16)	(21.86)	(58.59)	(15.67)	3.56	(7.77)	(10.78)	(14.67)	20.00		+10.0 pt
	ROIC	(9.82)	(6.96)	(1.84)	(16.58)	(80.85)	(11.42)	9.10	4.28	2.46	0.69	(6.36)		+10.5 pt
	ROE	0.00	(23.52)	(12.01)	(44.23)	(184.72)	684.86	(45.86)	108.94	80.80	56.70	283.76		+56.7 pt
People
People	Employees	—	1,772	2,261	1,469	735	944	1,212	1,157	1,077	1,072	—		(6.1%)
	Revenue/emp, $m	0.00	0.31	0.37	0.57	0.42	0.37	0.49	0.53	0.51	0.52	—		n/m

Negative figures in brackets.

estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RNGR Ranger Energy Services, Inc.	$351.5M	22.9×	15.5×	+25.53% (above 0%: growing)	−12.12% (below 0%: shrinking)	+33.55% (above 0%: growing)	19.15%	6.69%	Compare
SND Smart Sand	$205.2M	17.3×	10.4×	+34.14% (above 0%: growing)	−52.73% (below 0%: shrinking)	+80.86% (above 0%: growing)	17.23%	8.74%	Compare
OMSE OMS Energy Technologies Inc.	$170.2M	—	—	—	—	+204.37% (above 0%: growing)	—	—	Compare
KLXE KLX Energy Services Holdings, Inc.	$117.3M	— (loss-making)	— (loss-making)	+5.22% (above 0%: growing)	n/m	−48.75% (below 0%: shrinking)	21.76%	1.26%	Compare
NINE Nine Energy Service, Inc.	$109.4M	9.1×	1.7×	−3.70% (below 0%: shrinking)	n/m	−515.61% (below 0%: shrinking)	14.06%	(2.04%)
LSE Leishen Energy Holding Co., Ltd.	$73.6M	—	—	—	—	−89.33% (below 0%: shrinking)	—	—	Compare
GEOS Geospace Technologies Corporation	$57.1M	— (loss-making)	— (loss-making)	−36.38% (below 0%: shrinking)	n/m	−251.34% (below 0%: shrinking)	3.14%	(64.15%)	Compare
DWSN Dawson Geophysical Company	$56.8M	14.1×	— (loss-making)	+81.83% (above 0%: growing)	n/m	−56.16% (below 0%: shrinking)	14.56%	(16.91%)	Compare
DTI Drilling Tools International Corp.	$56.6M	— (loss-making)	— (loss-making)	−3.42% (below 0%: shrinking)	n/m	−13.33% (below 0%: shrinking)	71.34%	0.91%	Compare
Median of peers	$95.4M	17.3×	—	+15.38%	—	−31.04%	18.19%	1.09%

All 48 Oil & Gas Equipment & Services stocks →

Pay and ownership Proxy statement filed 6 March 2025

Chief executive’s pay

Year	Total pay	Actually paid	$100 invested
2024	2.02m	1.36m	112.00
2023	3.36m	(1.08m)	268.00
2022	2.02m	7.66m	1,453.00

Ownership

Directors and executive officers, together 4.10%

William Monroe 11.50%

Tontine Asset Associates, LLC, Tontine Capital Overseas Master Fund II, L.P. and Jeffrey L. Gendell 9.90%

Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement