Nine Energy Service, Inc. (NINE) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -12.37M | -2.17M | -9.94M | 10.09M | -5.28M | 14.99M | -5.85M | 12.89M | -8.84M | 24.32M | -9.91M | 27.13M | 3.96M | 8.44M | 15.12M | -430K | -6.46M | -13.71M | -1.83M | -19.63M |
| Operating CF Margin % | -9.51% | -1.64% | -7.53% | 6.85% | -3.51% | 10.6% | -4.23% | 9.74% | -6.22% | 16.88% | -7.05% | 16.81% | 2.43% | 5.06% | 9.03% | -0.3% | -5.52% | -13.05% | -1.98% | -23.14% |
| Operating CF Growth % | -134.36% | -114.5% | -69.98% | -21.76% | 40.29% | -38.38% | 40.97% | -52.47% | -322.88% | 188.16% | -165.54% | 6409.3% | 161.39% | 161.56% | 923.98% | 97.81% | -23.19% | -43.72% | -180.45% | -1315.99% |
| Net Income | 106.63M | -19.22M | -14.65M | -10.39M | -7.06M | -8.84M | -10.14M | -14.04M | -8.05M | -10.3M | -13.26M | -2.54M | -6.11M | 7.98M | 14.29M | -978K | -6.9M | -15.75M | -16.05M | -24.53M |
| Depreciation & Amortization | 12.2M | 12.72M | 12.52M | 12.31M | 12.05M | 12.13M | 12.34M | 12.73M | 12.82M | 13.29M | 13.5M | 13.49M | 12.91M | 12.47M | 11.73M | 12.31M | 12.4M | 12.68M | 13.55M | 13.53M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 750K | 721K | 837K | 807K | 581K | 578K | 580K | 522K | 489K | 497K | 521K | 495K | 927K | 1.22M | 1.15M | 1.03M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -132.43M | 2.27M | 4.76M | 5.28M | 3.2M | 2.51M | 3.34M | 2.46M | 1.91M | 2.81M | 3.48M | 2.23M | 2.28M | 1.82M | -314K | 1.98M | 839K | 2.39M | 6.69M | 3.88M |
| Working Capital Changes | 1.24M | 2.06M | -12.58M | 2.89M | -14.22M | 8.46M | -12.23M | 10.94M | -16.1M | 17.96M | -14.2M | 13.43M | -5.61M | -14.33M | -11.1M | -14.24M | -13.72M | -14.25M | -7.18M | -13.53M |
| Change in Receivables | -12.37M | 5.5M | 12.54M | 1.13M | -13.97M | -1.53M | 4.56M | 6.23M | -2.53M | -3.35M | 9.69M | 3.56M | 6.59M | -1.36M | -15.7M | -8.51M | -15.54M | -5.44M | 419K | -10.6M |
| Change in Inventory | 1.88M | 19K | -2.82M | -3.41M | -928K | 4.11M | 3.49M | -3.65M | -2.23M | 3.94M | 3.39M | 3.31M | -5.42M | -9.43M | -4.73M | -3.97M | -4.84M | -324K | -2.16M | -4.87M |
| Change in Payables | 14.06M | 9.6M | -19.52M | 7.93M | 4.7M | 13.87M | -18.65M | 10.49M | -7.8M | 0 | 0 | 9.3M | 0 | 10.36M | 0 | 0 | 10.95M | -5.31M | 0 | 235K |
| Cash from Investing | -5.48M | -432K | -3.42M | -5.76M | -3.98M | -3M | -3.08M | -2.63M | -5.46M | -8.44M | -3.62M | -5.82M | -5.28M | -19.17M | -4.62M | -2.97M | 1.34M | -10.09M | -698K | 448K |
| Capital Expenditures | -6.43M | -2.62M | -3.47M | -5.87M | -3.98M | -3.23M | -3.4M | -2.64M | -5.49M | -8.52M | -3.77M | -5.97M | -6.34M | -19.19M | -5.42M | -3.07M | -876K | -10.58M | -1.71M | -692K |
| CapEx % of Revenue | 4.95% | 1.99% | 2.63% | 3.99% | 2.65% | 2.29% | 2.46% | 1.99% | 3.86% | 5.91% | 2.68% | 3.7% | 3.88% | 11.51% | 3.24% | 2.16% | 0.75% | 10.07% | 1.84% | 0.82% |
| Acquisitions | 954K | 2.19M | 55K | 107K | 0 | 0 | 0 | 6K | 28K | 0 | 0 | 151K | 0 | 20K | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 233K | 318K | 0 | 0 | 76K | 160K | 0 | 1.06M | 20K | 797K | 101K | 2.22M | 495K | 1.01M | 1.14M |
| Cash from Financing | 19.71M | 6.3M | 12.03M | -3.92M | -1.56M | 433K | -1.4M | 5.5M | -6.22M | 2.7M | -15.46M | -1.48M | 5.34M | 6.66M | -11.33M | 5.95M | 3.57M | 15.36M | -604K | -645K |
| Debt Issued (Net) | 19.71M | 6.3M | 12.03M | -3.92M | -1.33M | 571K | -2.74M | -1.09M | -6.06M | 2.84M | -15.35M | -1.4M | -268.43M | 6.72M | -10.94M | 6.3M | 3.75M | 15.4M | -557K | -270K |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 1.47M | 6.78M | 0 | 0 | 0 | -2K | 279.75M | -1K | -348K | -431K | 0 | 0 | -1K | -341K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2K | 0 | -1K | -348K | -431K | 0 | 0 | -1K | -341K |
| Other Financing | 0 | 0 | 0 | 0 | -223K | -138K | -123K | -184K | -159K | -136K | -106K | -79K | -5.98M | -60K | -43K | 87K | -179K | -44K | -46K | -34K |
| Net Change in Cash | 2.02M | 3.37M | -1.28M | 480K | -10.61M | 12.23M | -10.38M | 15.79M | -20.6M | 18.68M | -28.96M | 19.75M | 3.93M | -4.04M | -918K | 2.47M | -1.57M | -8.46M | -3.16M | -19.85M |
| Free Cash Flow | -18.8M | -4.8M | -13.41M | 4.22M | -9.26M | 11.75M | -9.25M | 10.26M | -14.32M | 15.81M | -13.69M | 21.16M | -2.38M | -10.75M | 9.7M | -3.5M | -7.33M | -24.29M | -3.55M | -20.32M |
| FCF Margin % | -14.46% | -3.63% | -10.16% | 2.86% | -6.15% | 8.31% | -6.7% | 7.75% | -10.08% | 10.97% | -9.73% | 13.11% | -1.46% | -6.45% | 5.8% | -2.46% | -6.27% | -23.12% | -3.82% | -23.95% |
| FCF Growth % | -103.06% | -140.82% | -45.01% | -58.89% | 35.37% | -25.64% | 32.4% | -51.54% | -502.4% | 247.05% | -241.04% | 705% | 67.58% | 55.75% | 373.56% | 82.78% | 4.38% | -104.06% | -88.67% | -4021.3% |
| FCF per Share | -0.43 | -0.11 | -0.32 | 0.10 | -0.23 | 0.29 | -0.24 | 0.29 | -0.42 | 0.47 | -0.41 | 0.64 | -0.07 | -0.33 | 0.30 | -0.11 | -0.24 | -0.80 | -0.12 | -0.67 |
| FCF Conversion (FCF/Net Income) | -0.12x | 0.11x | 0.68x | -0.97x | 0.75x | -1.69x | 0.58x | -0.92x | 1.10x | -2.36x | 0.75x | -10.69x | -0.65x | 1.06x | 1.06x | 0.44x | 0.94x | 0.87x | 0.11x | 0.80x |
| Interest Paid | 0 | 0 | 0 | 0 | 20.64M | 1.26M | 0 | 1.16M | 20.88M | 1.24M | 21.17M | 0 | 7.5M | 0 | 828K | 14.39M | 381K | 14.3M | 280K | 14.27M |
| Taxes Paid | 0 | 0 | 0 | 0 | 3K | -487K | 0 | 473K | 14K | 3K | 27K | 0 | 19K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |