# Nine Energy Service, Inc.: overview

NINE · NYSE · CIK 1532286 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/nine.md) · [Financials](/companies/nine/financials.md) · [Filings](/companies/nine/filings.md) · [Insiders](/companies/nine/insiders.md)

Latest reported revenue: [$141.8m](/filings/0001532286-26-000015.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:Revenues, accession 0001532286-26-000015).

## Last eight quarters

| Line item | Unit | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [132](/filings/0001532286-25-000016.md) | [138](/filings/0001532286-25-000026.md) | [141 d](/filings/0001532286-26-000005.md) | [150](/filings/0001532286-26-000008.md) | [147](/filings/0001532286-26-000015.md) | [132](/filings/0001532286-25-000026.md) | [132 d](/filings/0001532286-26-000005.md) | [142](/filings/0001532286-26-000015.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(1.1%)](/filings/0001532286-25-000016.md) | [1.8%](/filings/0001532286-25-000026.md) | [2.5% d](/filings/0001532286-26-000005.md) | [3.7%](/filings/0001532286-26-000008.md) | [2.3%](/filings/0001532286-26-000015.md) | [(0.9%)](/filings/0001532286-25-000026.md) | [(4.2%) d](/filings/0001532286-26-000005.md) | [(2.0%)](/filings/0001532286-26-000015.md) |
| Net margin | % | [(10.6%)](/filings/0001532286-25-000016.md) | [(7.3%)](/filings/0001532286-25-000026.md) | [(6.3%) d](/filings/0001532286-26-000005.md) | [(4.7%)](/filings/0001532286-26-000008.md) | [(7.1%)](/filings/0001532286-26-000015.md) | [(11.1%)](/filings/0001532286-25-000026.md) | [(14.5%) d](/filings/0001532286-26-000005.md) | [(3.4%)](/filings/0001532286-26-000015.md) |
| Diluted EPS | $ per share | [(0.40)](/filings/0001532286-25-000016.md) | [(0.26)](/filings/0001532286-25-000026.md) | not reported | [(0.18)](/filings/0001532286-26-000008.md) | [(0.25)](/filings/0001532286-26-000015.md) | [(0.35)](/filings/0001532286-25-000026.md) | not reported | [(0.35)](/filings/0001532286-26-000015.md) |
| Free cash flow | $m | [10.3 d](/filings/0001532286-25-000016.md) | [(9.3) d](/filings/0001532286-25-000026.md) | [11.8 d](/filings/0001532286-26-000005.md) | [(9.3)](/filings/0001532286-26-000008.md) | [4.2 d](/filings/0001532286-26-000015.md) | [(13.4) d](/filings/0001532286-25-000026.md) | [(4.8) d](/filings/0001532286-26-000005.md) | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [349](/filings/0001532286-23-000005.md) | [593](/filings/0001532286-24-000004.md) | [610](/filings/0001532286-25-000008.md) | [554](/filings/0001532286-26-000005.md) | [562](/filings/0001532286-26-000005.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(14.3%)](/filings/0001532286-23-000005.md) | [7.3%](/filings/0001532286-24-000004.md) | [2.9%](/filings/0001532286-25-000008.md) | [1.6%](/filings/0001532286-26-000005.md) | [0.4%](/filings/0001532286-26-000005.md) |
| Net margin | % | [(18.5%)](/filings/0001532286-23-000005.md) | [2.4%](/filings/0001532286-24-000004.md) | [(5.3%)](/filings/0001532286-25-000008.md) | [(7.4%)](/filings/0001532286-26-000005.md) | [(9.1%)](/filings/0001532286-26-000005.md) |
| Diluted EPS | $ per share | [(2.13)](/filings/0001532286-23-000005.md) | [0.45](/filings/0001532286-24-000004.md) | [(0.97)](/filings/0001532286-25-000008.md) | [(1.11)](/filings/0001532286-26-000005.md) | [(1.25)](/filings/0001532286-26-000005.md) |
| Free cash flow | $m | [(55.8)](/filings/0001532286-23-000005.md) | [(11.9)](/filings/0001532286-24-000004.md) | [20.9](/filings/0001532286-25-000008.md) | [(1.6)](/filings/0001532286-26-000005.md) | [(23.3)](/filings/0001532286-26-000005.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/nine/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [MacKay Shields LLC](/funds/61227.md) | 2026-06-30 | $39.2m | 3,011,565 |  | Reduced −54,869 |
| [Philosophy Capital Management LLC](/funds/1869199.md) | 2026-06-30 | $30.9m | 2,377,783 |  | Reduced −173,345 |
| [ADAGE CAPITAL PARTNERS GP, L.L.C.](/funds/1165408.md) | 2026-06-30 | $16.9m | 1,299,427 |  | Reduced −55,722 |
| [CastleKnight Management LP](/funds/1835751.md) | 2026-06-30 | $13.4m | 1,031,548 |  | Reduced −126,395 |
| [ALGEBRIS (UK) LTD](/funds/1700286.md) | 2026-06-30 | $10.8m | 832,907 |  | Added +43,012 |
| [GENDELL JEFFREY L](/funds/1056581.md) | 2026-06-30 | $8.0m | 614,230 |  | Reduced −170,271 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $6.7m | 518,721 |  | New +518,721 |
| [NOMURA HOLDINGS INC](/funds/1163653.md) | 2026-06-30 | $6.3m | 482,291 |  | Reduced −19,762 |
| [MACKENZIE FINANCIAL CORP](/funds/919859.md) | 2026-06-30 | $4.7m | 361,301 |  | Unchanged |
| [Liberty Mutual Group Asset Management Inc.](/funds/1533497.md) | 2026-06-30 | $3.7m | 281,184 |  | Unchanged |

## Recent filings

[All 637 filings](/companies/nine/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-05 | 17:19 ET | [10-Q](/filings/0001532286-26-000015.md) | Quarterly report, period 2026-06-30 | 0001532286-26-000015 |
| 2026-08-05 | 17:15 ET | [8-K](/filings/0001213900-26-085795.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001213900-26-085795 |
| 2026-05-22 | 16:01 ET | [8-K](/filings/0001213900-26-060546.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001213900-26-060546 |
| 2026-05-15 | 16:00 ET | [8-K](/filings/0001213900-26-057673.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001213900-26-057673 |
| 2026-05-13 | 17:18 ET | [10-Q](/filings/0001532286-26-000008.md) | Quarterly report, period 2026-03-31 | 0001532286-26-000008 |
| 2026-05-13 | 17:10 ET | [8-K](/filings/0001213900-26-055933.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001213900-26-055933 |
| 2026-04-28 | 16:31 ET | [10-K/A](/filings/0001213900-26-048590.md) | Annual report, amended, period 2025-12-31 | 0001213900-26-048590 |
| 2026-04-24 | 16:05 ET | [8-K](/filings/0001213900-26-047516.md) | 5.02 Departure or appointment of officers or directors | 0001213900-26-047516 |
| 2026-04-21 | 16:10 ET | [8-K](/filings/0001213900-26-046167.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001213900-26-046167 |
| 2026-03-26 | 08:45 ET | [8-K](/filings/0001213900-26-034390.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001213900-26-034390 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001532286-26-000005.md), filed Mar 4, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/212df062-67a8-4932-ab0a-80acb5126863)

## About the filer

- CIK: 1532286
- Tickers: NINE
- Exchange: NYSE
- SIC code: 1389 Oil & Gas Field Services, NEC
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:42 ET. No prices; not investment advice.
