Nine Energy Service, Inc. (NINE)

Nine Energy Service Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	571.17	554.1	609.53	593.38	349.42	310.85
Revenue Growth (YoY)	2.59%	-9.09%	2.72%	69.82%	12.41%	-62.68%
Cost of Revenue	470.86	456.73	490.75	457.09	307.99	302.16
Gross Profit	100.31	97.38	118.78	136.29	41.43	8.69
Selling, General & Admin	54.08	51.3	59.82	51.65	45.3	49.35
Amortization of Goodwill & Intangibles	11.18	11.18	11.52	13.46	16.12	16.47
Operating Expenses	88.68	88.08	100.47	91.9	90.32	98.24
Operating Income	11.63	9.3	18.3	44.39	-48.9	-89.55
Interest Expense	-54.19	-51.32	-51.12	-32.49	-32.53	-36.76
Interest & Investment Income	0.76	0.85	1.27	0.31	0.03	0.62
Other Non Operating Income (Expenses)	0.68	0.65	0.65	0.71	0.3	0.06
EBT Excluding Unusual Items	-41.12	-40.52	-30.9	12.92	-81.1	-125.63
Impairment of Goodwill	-	-	-	-	-	-296.2
Gain (Loss) on Sale of Assets	-0.2	-0.26	-0.29	-0.37	-0.66	2.86
Other Unusual Items	-0.08	-0.1	-0.44	2.39	17.16	37.57
Pretax Income	-41.4	-40.88	-31.63	14.94	-64.6	-381.41
Income Tax Expense	-0.45	0.2	0.59	0.55	-0.03	-2.46
Earnings From Continuing Operations	-40.94	-41.08	-32.21	14.39	-64.58	-378.95
Net Income	-40.94	-41.08	-32.21	14.39	-64.58	-378.95
Net Income to Common	-40.94	-41.08	-32.21	14.39	-64.58	-378.95
Shares Outstanding (Basic)	41	37	33	31	30	30
Shares Outstanding (Diluted)	41	37	33	32	30	30
Shares Change (YoY)	14.09%	11.69%	3.20%	6.43%	1.88%	1.49%
EPS (Basic)	-1.01	-1.11	-0.97	0.47	-2.13	-12.74
EPS (Diluted)	-1.02	-1.11	-0.97	0.45	-2.13	-12.74
Free Cash Flow	-6.7	-1.57	20.91	-11.88	-55.83	-14.32
Free Cash Flow Per Share	-0.17	-0.04	0.63	-0.37	-1.84	-0.48
Gross Margin	17.56%	17.57%	19.49%	22.97%	11.86%	2.80%
Operating Margin	2.04%	1.68%	3.00%	7.48%	-13.99%	-28.81%
Profit Margin	-7.17%	-7.41%	-5.29%	2.43%	-18.48%	-121.91%
Free Cash Flow Margin	-1.17%	-0.28%	3.43%	-2.00%	-15.98%	-4.61%
EBITDA	46.23	46.08	58.96	84.64	-3.87	-40.65
EBITDA Margin	8.09%	8.32%	9.67%	14.26%	-1.11%	-13.08%
D&A For EBITDA	34.61	36.78	40.66	40.25	45.02	48.9
EBIT	11.63	9.3	18.3	44.39	-48.9	-89.55
EBIT Margin	2.04%	1.68%	3.00%	7.48%	-13.99%	-28.81%
Effective Tax Rate	-	-	-	3.65%	-	-
Revenue as Reported	571.17	554.1	609.53	593.38	349.42	310.85

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q