NCS Multistage Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	179.26	183.63	162.56	142.47	155.63	118.5
Revenue Growth (YoY)	6.26%	12.96%	14.10%	-8.46%	31.33%	10.77%
Cost of Revenue	107.52	108.2	95.1	86.87	95.23	70.03
Gross Profit	71.74	75.43	67.46	55.6	60.4	48.48
Selling, General & Admin	58.38	58.85	57.82	56.52	58.34	49.09
Depreciation & Amortization Expenses	6.11	5.89	5.32	4.62	4.32	4.5
Other Operating Expenses	0.16	0.16	-	-	-	-
Total Operating Expenses	64.64	64.89	63.14	61.13	62.66	53.6
Operating Income	7.1	10.54	4.33	-5.53	-2.25	-5.12
Interest Expense	-0.24	-0.25	-0.41	-0.59	-1.02	-0.73
Other Non-Operating Income (Expense)	6.52	6.53	4.34	2.77	2.67	2.34
Total Non-Operating Income (Expense)	7.17	6.28	3.93	2.19	1.65	1.6
Pretax Income	14.27	16.82	8.25	-3.34	-0.6	-3.52
Provision for Income Taxes	-9.06	-9.22	0.12	-0.23	0.35	0.26
Net Income	19.32	23.75	6.59	-3.15	-1.1	-4.73
Minority Interest in Earnings	4	2.29	1.55	0.04	0.15	0.96
Net Income to Common	19.32	23.75	6.59	-3.15	-1.1	-4.73
Net Income Growth	125.21%	260.20%	-	-	-	-
Shares Outstanding (Basic)	3	3	3	2	2	2
Shares Outstanding (Diluted)	3	3	3	2	2	2
Shares Change (YoY)	4.71%	6.02%	4.73%	1.69%	1.50%	1.35%
EPS (Basic)	7.45	9.17	2.60	-1.27	-0.45	-1.98
EPS (Diluted)	6.91	8.65	2.55	-1.27	-0.45	-1.98
EPS Growth	114.60%	239.22%	-	-	-	-
Shares Outstanding	2.62	2.55	2.51	2.44	2.41	2.38
Free Cash Flow	23.77	20.97	11.42	2.89	-2.46	11.09
Free Cash Flow Growth	13.34%	83.73%	294.74%	-	-	-66.42%
Free Cash Flow Per Share	8.69	7.64	4.41	1.17	-1.01	4.63
Gross Margin	40.02%	41.08%	41.50%	39.03%	38.81%	40.91%
Operating Margin	3.96%	5.74%	2.66%	-3.88%	-1.45%	-4.32%
Profit Margin	13.01%	14.18%	5.01%	-2.18%	-0.61%	-3.19%
FCF Margin	13.26%	11.42%	7.02%	2.03%	-1.58%	9.36%
EBITDA	13.21	16.43	9.64	-0.92	2.07	-0.62
EBITDA Margin	7.37%	8.94%	5.93%	-0.64%	1.33%	-0.52%
EBIT	7.1	10.54	4.33	-5.53	-2.25	-5.12
EBIT Margin	3.96%	5.74%	2.66%	-3.88%	-1.45%	-4.32%
Effective Tax Rate	-63.47%	-54.80%	1.41%	6.94%	-58.40%	-7.48%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q