Nine Energy Service, Inc. (NINE) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 130M | 132.17M | 132.03M | 147.25M | 150.47M | 141.43M | 138.16M | 132.4M | 142.12M | 144.07M | 140.62M | 161.43M | 163.41M | 166.67M | 167.43M | 142.35M | 116.94M | 105.09M | 92.87M | 84.83M |
| Revenue Growth % | -13.61% | -6.55% | -4.44% | 11.22% | 5.87% | -1.84% | -1.75% | -17.98% | -13.03% | -13.56% | -16.02% | 13.41% | 39.74% | 58.59% | 80.29% | 67.8% | 75.51% | 69.58% | 87.53% | 60.86% |
| Cost of Goods Sold | 124.37M | 120.33M | 120.28M | 130.03M | 131.1M | 124.05M | 122.47M | 121.45M | 125.54M | 128.35M | 127.86M | 137.77M | 137.43M | 136.69M | 132.91M | 123.02M | 104.73M | 100.85M | 89.83M | 88.17M |
| COGS % of Revenue | 95.67% | 91.05% | 91.1% | 88.31% | 87.13% | 87.71% | 88.65% | 91.73% | 88.33% | 89.08% | 90.92% | 85.35% | 84.1% | 82.01% | 79.38% | 86.42% | 89.56% | 95.97% | 96.73% | 103.93% |
| Gross Profit | 5.63M | 11.83M | 11.75M | 17.22M | 19.36M | 17.38M | 15.68M | 10.96M | 16.58M | 15.73M | 12.76M | 23.66M | 25.97M | 29.98M | 34.52M | 19.33M | 12.21M | 4.24M | 3.04M | -3.33M |
| Gross Margin % | 4.33% | 8.95% | 8.9% | 11.69% | 12.87% | 12.29% | 11.35% | 8.27% | 11.67% | 10.92% | 9.07% | 14.65% | 15.9% | 17.99% | 20.62% | 13.58% | 10.44% | 4.03% | 3.27% | -3.93% |
| Gross Profit Growth % | -70.93% | -31.89% | -25.11% | 57.19% | 16.76% | 10.48% | 22.91% | -53.69% | -36.15% | -47.55% | -63.04% | 22.41% | 112.74% | 607.12% | 1036.06% | 679.49% | 261.97% | 125.3% | 120.51% | 79.83% |
| Operating Expenses | 11.71M | 19.85M | 12.76M | 13.87M | 13.73M | 13.87M | 13.23M | 12.39M | 12.16M | 13.53M | 13.57M | 14.35M | 19.09M | 13.68M | 14.76M | 12.91M | 11.13M | 12.38M | 11.11M | 13.16M |
| OpEx % of Revenue | 9.01% | 15.02% | 9.66% | 9.42% | 9.13% | 9.81% | 9.58% | 9.36% | 8.56% | 9.39% | 9.65% | 8.89% | 11.68% | 8.21% | 8.82% | 9.07% | 9.52% | 11.78% | 11.97% | 15.52% |
| Selling, General & Admin | 11.71M | 19.85M | 12.76M | 13.87M | 13.26M | 14.19M | 12.37M | 12.48M | 12.27M | 11.99M | 13.06M | 14.23M | 19.71M | 13.89M | 13.47M | 12.46M | 11.84M | 11.8M | 11.11M | 12.17M |
| SG&A % of Revenue | 9.01% | 15.02% | 9.66% | 9.42% | 8.81% | 10.03% | 8.95% | 9.43% | 8.63% | 8.32% | 9.29% | 8.82% | 12.06% | 8.33% | 8.05% | 8.75% | 10.12% | 11.22% | 11.97% | 14.34% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 471K | -316K | 867K | -91K | -100K | 1000K | 514K | 113K | -622K | -211K | 1000K | 453K | -709K | 584K | 34K | 995K |
| Operating Income | -6.08M | -8.02M | -1.01M | 3.35M | 5.63M | 3.51M | 2.45M | -1.44M | 4.42M | 2.19M | -813K | 9.31M | 6.88M | 16.31M | 19.76M | 6.42M | 1.08M | -8.14M | -8.08M | -16.5M |
| Operating Margin % | -4.68% | -6.07% | -0.77% | 2.27% | 3.74% | 2.48% | 1.77% | -1.08% | 3.11% | 1.52% | -0.58% | 5.77% | 4.21% | 9.78% | 11.8% | 4.51% | 0.93% | -7.75% | -8.7% | -19.45% |
| Operating Income Growth % | -208.07% | -328.75% | -141.21% | 333.01% | 27.38% | 59.87% | 401.48% | -115.42% | -35.79% | -86.55% | -104.11% | 45.08% | 536.04% | 300.32% | 344.61% | 138.9% | 106.25% | 70.14% | 68.04% | 38.76% |
| EBITDA | 6.12M | 4.7M | 11.51M | 15.65M | 17.68M | 15.64M | 14.79M | 11.3M | 17.24M | 15.48M | 12.68M | 22.8M | 19.79M | 28.78M | 31.49M | 18.73M | 13.48M | 4.54M | 4.83M | -2.96M |
| EBITDA Margin % | 4.7% | 3.55% | 8.72% | 10.63% | 11.75% | 11.06% | 10.71% | 8.53% | 12.13% | 10.74% | 9.02% | 14.12% | 12.11% | 17.27% | 18.81% | 13.16% | 11.53% | 4.32% | 5.2% | -3.49% |
| EBITDA Growth % | -65.41% | -69.98% | -22.15% | 38.55% | 2.53% | 1.05% | 16.6% | -50.44% | -12.89% | -46.21% | -59.72% | 21.7% | 46.83% | 533.9% | 552.57% | 732.2% | 499.2% | 168.8% | 135.95% | 79.38% |
| D&A (Non-Cash Add-back) | 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 | 12.9M | 13.53M |
| EBIT | -6.08M | -5.22M | -880K | 3.88M | 5.93M | 3.86M | 2.81M | -1.12M | 4.89M | 2.68M | -189K | 9.77M | 7.23M | 16.6M | 22.9M | 6.63M | 1.29M | -7.94M | -8.04M | -16.45M |
| Net Interest Income | -5.71M | -13.78M | -13.6M | -14.41M | -12.74M | -12.68M | -12.68M | -12.63M | -12.48M | -12.49M | -12.4M | -12.7M | -12.27M | -8.02M | -7.99M | -8.11M | -8.06M | -7.99M | -7.96M | -7.97M |
| Interest Income | 83K | 111K | 114K | 319K | 139K | 189K | 196K | 154K | 310K | 324K | 462K | 299K | 185K | 134K | 134K | 25K | 12K | 2K | 3K | 8K |
| Interest Expense | 5.8M | 13.89M | 13.71M | 14.73M | 12.88M | 12.87M | 12.88M | 12.78M | 12.79M | 12.81M | 12.86M | 12.99M | 12.45M | 8.15M | 8.13M | 8.13M | 8.08M | 7.99M | 7.97M | 7.98M |
| Other Income/Expense | 112.73M | -11.09M | -13.58M | -14.19M | -12.57M | -12.52M | -12.52M | -12.47M | -12.32M | -12.33M | -12.23M | -12.53M | -12.11M | -7.86M | -4.99M | -7.92M | -7.87M | -7.8M | -7.93M | -7.94M |
| Pretax Income | 106.64M | -19.11M | -14.59M | -10.85M | -6.95M | -9.01M | -10.07M | -13.9M | -7.9M | -10.13M | -13.05M | -3.22M | -5.22M | 8.45M | 14.78M | -1.5M | -6.79M | -15.94M | -16.01M | -24.43M |
| Pretax Margin % | 82.04% | -14.46% | -11.05% | -7.36% | -4.62% | -6.37% | -7.29% | -10.5% | -5.56% | -7.03% | -9.28% | -2% | -3.2% | 5.07% | 8.82% | -1.05% | -5.8% | -15.16% | -17.24% | -28.8% |
| Income Tax | 18K | 115K | 53K | -454K | 115K | -168K | 73K | 139K | 154K | 171K | 215K | -685K | 884K | 467K | 489K | -522K | 112K | -188K | 41K | 95K |
| Effective Tax Rate % | 0.02% | -0.6% | -0.36% | 4.19% | -1.66% | 1.86% | -0.72% | -1% | -1.95% | -1.69% | -1.65% | 21.26% | -16.92% | 5.53% | 3.31% | 34.8% | -1.65% | 1.18% | -0.26% | -0.39% |
| 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 |
| Net Margin % | 82.02% | -14.54% | -11.09% | -7.06% | -4.69% | -6.25% | -7.34% | -10.6% | -5.67% | -7.15% | -9.43% | -1.57% | -3.74% | 4.79% | 8.53% | -0.69% | -5.9% | -14.98% | -17.28% | -28.92% |
| Net Income Growth % | 1610.07% | -117.38% | -44.41% | 26% | 12.34% | 14.19% | 23.52% | -453.45% | -31.85% | -229.07% | -192.83% | -159.41% | 11.45% | 150.7% | 189% | 96.01% | 16.34% | 55.48% | 13.25% | -1.49% |
| Net Income (Continuing) | 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 |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.46 | -0.44 | -0.35 | -0.25 | -0.18 | -0.22 | -0.26 | -0.40 | -0.24 | -0.30 | -0.39 | -0.08 | -0.19 | 0.24 | 0.45 | -0.03 | -0.23 | -0.52 | -0.53 | -0.81 |
| EPS Growth % | 1466.67% | -100% | -34.62% | 37.5% | 25% | 26.67% | 33.33% | -424.93% | -26.32% | -225% | -186.67% | -140.38% | 17.39% | 146.15% | 184.91% | 96.09% | 17.86% | 55.93% | 14.52% | 0% |
| EPS (Basic) | 2.46 | -0.44 | -0.35 | -0.25 | -0.18 | -0.22 | -0.26 | -0.40 | -0.24 | -0.30 | -0.39 | -0.08 | -0.19 | 0.26 | 0.46 | -0.03 | -0.23 | -0.52 | -0.53 | -0.81 |
| Diluted Shares Outstanding | 43.33M | 43.33M | 41.3M | 40.89M | 40.16M | 40.1M | 39.21M | 35.48M | 33.85M | 33.85M | 33.66M | 33.29M | 32.3M | 32.8M | 31.93M | 30.83M | 30.49M | 30.45M | 30.45M | 30.42M |
| Basic Shares Outstanding | 43.33M | 43.33M | 41.3M | 40.89M | 40.16M | 40.1M | 39.21M | 35.48M | 33.85M | 33.85M | 33.66M | 33.29M | 32.3M | 31.29M | 31.1M | 30.83M | 30M | 30.28M | 30.28M | 30.28M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |