NINE · XBRL financial data

Nine Energy Service financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (NINE's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	310,851	349,419	593,382	609,526	554,104	561,911
Cost of revenue	302,157	—	—	—	—	—
Gross profit	8,694	—	—	—	—	—
General and administrative	49,346	45,301	51,653	59,817	51,298	59,747
Operating income (loss)	(383,165)	(50,015)	43,568	17,573	8,940	2,348
Interest expense	36,759	—	32,486	51,119	51,321	55,208
Income tax expense (benefit)	(2,458)	(25)	546	585	198	(171)
Net income (loss)	(378,948)	(64,575)	14,393	(32,213)	(41,082)	(51,322)
Earnings per share, basic USD per share	(12.74)	(2.13)	0.47	(0.97)	(1.11)	(1.25)
Earnings per share, diluted USD per share	(12.74)	(2.13)	0.45	(0.97)	(1.11)	(1.25)
Weighted average shares, basic thousands of shares	29,745	30,303	30,931	33,282	37,173	40,918
Weighted average shares, diluted thousands of shares	29,745	30,303	32,251	33,282	37,173	40,918

Fiscal years (NINE's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	68,864	21,509	17,445	30,840	27,880	18,449
Accounts receivable	41,235	64,025	105,277	88,449	81,157	75,979
Inventory	38,402	42,180	62,045	54,486	50,781	56,553
Prepaid and other current assets	16,270	10,195	11,217	9,368	—	—
Total current assets	166,163	139,302	196,725	183,633	170,464	168,831
Property and equipment, net	102,429	86,958	89,717	82,366	70,518	64,266
Right-of-use asset	36,360	35,117	36,336	42,056	37,252	34,105
Goodwill	0	—	—	—	—	—
Total assets	442,600	381,613	426,834	401,984	360,076	339,464
Accounts payable	18,140	28,680	42,211	33,379	36,052	43,564
Accrued liabilities	17,139	18,519	28,391	36,171	30,676	27,764
Current portion of long-term debt	844	2,093	2,267	2,859	3,580	6,310
Total current liabilities	43,415	56,453	81,003	82,754	81,545	91,409
Long-term debt	342,714	332,314	338,031	320,520	317,264	341,572
Lease liability, non-current	32,295	30,435	29,370	32,594	26,710	21,352
Total liabilities	422,191	420,880	450,341	437,614	426,140	454,420
Accumulated deficit	(743,835)	(808,410)	(794,017)	(826,230)	(867,312)	(918,634)
Total stockholders' equity	20,409	(39,267)	(23,507)	(35,630)	(66,064)	(114,956)
Total liabilities and equity	442,600	381,613	426,834	401,984	360,076	339,464
Common shares outstanding (cover page) thousands of shares	31,555	32,855	34,721	35,325	42,349	43,311

Fiscal years (NINE's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(378,948)	(64,575)	14,393	(32,213)	(41,082)	(51,322)
Stock-based compensation	9,744	5,406	2,440	2,169	2,946	2,211
Net cash from operating activities	(4,901)	(40,416)	16,672	45,509	13,195	(7,306)
Purchases of property and equipment	9,417	15,413	28,551	24,603	14,763	15,948
Net cash from investing activities	(1,778)	(11,921)	(25,417)	(23,157)	(14,178)	(13,594)
Proceeds from issuing common stock	—	—	—	0	8,249	0
Net cash from financing activities	(17,385)	5,048	4,849	(8,893)	(1,683)	12,862
Net change in cash	(24,125)	(47,355)	(4,064)	13,395	(2,960)	(8,038)

SIC 1389 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 1389 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Nine Energy Service	16,849	141,806	(2,296)*	13.9M	7.3 quarters	Q2 FY26 10-QJun 30, 2026
KLX Energy Services Holdings	7,900	167,300	10,500*	21.3M	—	Q2 FY26 10-QJun 30, 2026
NCS Multistage Holdings	31,318	38,364	(1,916)*	2.6M	16.3 quarters	Q2 FY26 10-QJun 30, 2026
WaterBridge Infrastructure	47,624	217,772	64,895*	not reported	—	Q2 FY26 10-QJun 30, 2026
Mammoth Energy Services	13,090	21,346	91*	48.1M	—	Q3 FY26 10-QSep 30, 2026
Select Water Solutions	33,396	395,807	86,736*	not reported	—	Q2 FY26 10-QJun 30, 2026
Dawson Geophysical	5,755	not reported	6,463	31.1M	—	Q2 FY26 10-QJun 30, 2026
Expro	170,362	439,943	64,979*	111.8M	—	Q3 FY26 10-QSep 30, 2026
ProFrac Holding	18,800	498,100	22,900*	182.1M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.