Nine Energy Service, Inc. (NINE)
NYSE · Oil & Gas Field Services, Nec · Mining · CIK 1532286 · fiscal year ends in Dec
Closing price $7.97 on 30 Oct 2026; 52-week range $0.32 to $13.01.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $536.0M
- Revenue growth
- -7.2%
- Net income, last twelve months
- $67.9M
- Operating margin
- -4.0%
- Net margin
- 12.7%
- Free cash flow
- -$49.3M
- Return on equity
- 52.4%
- Market value
- $111.2M
- Cash
- $16.8M
- Debt
- $99.0M
- Debt to equity
- 0.76
- Shares outstanding
- 13.9M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $561.9M | $2.3M | -$51.3M | -$1.25 | -$23.3M | 10-K filed 4 Mar 2026 |
| FY2024 | 31 Dec 2024 | $554.1M | $8.9M | -$41.1M | -$1.11 | -$1.6M | 10-K filed 6 Mar 2025 |
| FY2023 | 31 Dec 2023 | $609.5M | $17.6M | -$32.2M | -$0.97 | $20.9M | 10-K filed 8 Mar 2024 |
| FY2022 | 31 Dec 2022 | $593.4M | $43.6M | $14.4M | $0.45 | -$11.9M | 10-K filed 8 Mar 2023 |
| FY2021 | 31 Dec 2021 | $349.4M | -$50.0M | -$64.6M | -$2.13 | -$55.8M | 10-K filed 8 Mar 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $141.8M | -$4.9M | -$0.35 |
| Q1 FY2026 | 31 Mar 2026 | $130.0M | $106.6M | – |
| Q4 FY2025 | 31 Dec 2025 | $132.2M | -$19.2M | -$0.47 |
| Q3 FY2025 | 30 Sep 2025 | $132.0M | -$14.6M | -$0.35 |
| Q2 FY2025 | 30 Jun 2025 | $147.3M | -$10.4M | -$0.25 |
| Q1 FY2025 | 31 Mar 2025 | $150.5M | -$7.1M | -$0.18 |
| Q4 FY2024 | 31 Dec 2024 | $141.4M | -$8.8M | -$0.22 |
| Q3 FY2024 | 30 Sep 2024 | $138.2M | -$10.1M | -$0.26 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Service | $431.2M | 76.7% |
| Product | $130.7M | 23.3% |
By region, FY2025
| Segment | Revenue | Share |
|---|---|---|
| United States | $550.6M | 98.0% |
| International | $11.3M | 2.0% |
Company events
The newest 8-K filings of 72 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 5 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 22 May 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 15 May 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 13 May 2026 | 8-K | Results | 2.02, 9.01 |
| 24 Apr 2026 | 8-K | Leadership change | 5.02 |
| 21 Apr 2026 | 8-K | Investor update | 7.01, 9.01 |
| 26 Mar 2026 | 8-K | Other events | 8.01, 9.01 |
| 23 Mar 2026 | 8-K | Investor update | 7.01, 9.01 |
| 13 Mar 2026 | 8-K | Leadership change | 5.02 |
| 10 Mar 2026 | 8-K | Bankruptcy, Change in control, Leadership change, Material agreement, Agreement ended, New debt, Share sale, Shareholder rights change, Bylaws or fiscal year change | 1.01, 1.02, 1.03, 2.03, 3.02, 3.03, 5.01, 5.02, 5.03, 9.01 |
| 6 Feb 2026 | 8-K | Material agreement, Delisting notice, New debt | 1.01, 2.03, 3.01, 9.01 |
| 2 Feb 2026 | 8-K | Bankruptcy, Material agreement, New debt, Debt accelerated, Investor update, Other events | 1.01, 1.03, 2.03, 2.04, 7.01, 8.01, 9.01 |
Every filing
The newest filings with the SEC of 196 held.
| Filed | Form | Period |
|---|---|---|
| 5 Aug 2026 | 10-Q | 30 Jun 2026 |
| 5 Aug 2026 | 8-K | 5 Aug 2026 |
| 22 May 2026 | 8-K | 22 May 2026 |
| 15 May 2026 | 8-K | 11 May 2026 |
| 13 May 2026 | 10-Q | 31 Mar 2026 |
| 13 May 2026 | 8-K | 13 May 2026 |
| 12 May 2026 | SD | – |
| 11 May 2026 | S-8 | – |
| 28 Apr 2026 | 10-K/A | 31 Dec 2025 |
| 24 Apr 2026 | 8-K | 20 Apr 2026 |
| 21 Apr 2026 | 8-K | 21 Apr 2026 |
| 30 Mar 2026 | CERT | – |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 14 Aug 2026 | Jeffrey L. Gendell | 13G amended | 4.4% | 614.2K |
| 14 Aug 2026 | Philosophy Capital Management LLC | 13G amended | 17% | 2.4M |
| 9 Jul 2026 | Adage Capital Management, L.P. | 13G | 9.71% | 1.4M |
| 2 Jul 2026 | Algebris Investments (US) Inc. | 13G | 6% | 832.9K |
| 15 May 2026 | Jeffrey L. Gendell | 13G | 5.6% | 784.5K |
| 16 Apr 2026 | MONROE WILLIAM | 13G amended | 0.3% | 140.0K |
| 9 Apr 2026 | CastleKnight Master Fund LP | 13G | 8.3% | 1.2M |
| 31 Mar 2026 | MacKay Shields LLC | 13G | 21.98% | 1.7M |
| 31 Mar 2026 | MacKay Shields LLC | 13G | 21.98% | 1.7M |
| 11 Mar 2026 | Philosophy Capital Management LLC | 13G | 18.3% | 2.6M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 143.8K | -40.41% | 5.15 |
| 30 Sep 2026 | 241.3K | +0.34% | 4.16 |
| 15 Sep 2026 | 240.5K | +6.79% | 5.44 |
| 31 Aug 2026 | 225.2K | +58.62% | 1.62 |
| 14 Aug 2026 | 142.0K | -24.58% | 2.18 |
| 31 Jul 2026 | 188.3K | +15.78% | 3.68 |
| 15 Jul 2026 | 162.6K | -18.37% | 3.75 |
| 30 Jun 2026 | 199.2K | +708.23% | 1.1 |
Funds that hold it
From each fund's latest Form 13F.
31 funds held it at 30 Jun 2026: 17 added and 6 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| MacKay Shields LLC | 3,011,565 | $39.2M | -54,869 |
| Philosophy Capital Management LLC | 2,377,783 | $30.9M | -173,345 |
| Adage Capital Partners GP, L.l.c. | 1,299,427 | $16.9M | -55,722 |
| CastleKnight Management LP | 1,031,548 | $13.4M | -126,395 |
| Algebris (uk) Ltd | 832,907 | $10.8M | +43,012 |
| Gendell Jeffrey L | 614,230 | $8.0M | -170,271 |
| Vanguard Capital Management LLC | 518,721 | $6.7M | +518,721 |
| Cygnus Capital Advisors, LLC | 500,358 | $6.5M | +45,300 |
| Nomura Holdings Inc. | 482,291 | $6.3M | -19,762 |
| Mackenzie Financial Corp. | 361,301 | $4.7M | 0 |
Peers
Companies in the same industry.
- SLB Limited (SLB): revenue $36.9B, market value $79.3B
- Halliburton Co. (HAL): revenue $22.5B, market value $29.9B
- Oceaneering International Inc. (OII): revenue $2.9B, market value $4.1B
- WaterBridge Infrastructure LLC (WBI): revenue $750.9M, market value $3.8B
- Liberty Energy Inc. (LBRT): revenue $4.4B, market value $2.8B
- Select Water Solutions, Inc. (WTTR): revenue $1.4B, market value $2.7B
- National Energy Services Reunited Corp. (NESR): revenue –, market value $2.1B
- RPC Inc. (RES): revenue $1.8B, market value $1.4B
- Hornbeck Offshore Services, Inc. (HOS): revenue $1.3B, market value $1.0B
- ProPetro Holding Corp. (PUMP): revenue $1.2B, market value $951.0M