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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	577.3	554.1	609.53	593.38	349.42	310.85
Revenue Growth (YoY)	3.23%	-9.09%	2.72%	69.82%	12.41%	-62.68%
Cost of Revenue	472.62	456.73	490.75	457.09	307.99	302.16
Gross Profit	104.68	97.38	118.78	136.29	41.43	8.69
Selling, General & Admin	53.69	51.3	59.82	51.65	45.3	49.35
Operating Expenses	88.76	88.08	100.47	91.9	90.32	98.24
Operating Income	15.92	9.3	18.3	44.39	-48.9	-89.55
Interest Expense	-53.35	-51.32	-51.12	-32.49	-32.53	-36.76
Interest & Investment Income	0.84	0.85	1.27	0.31	0.03	0.62
Other Non Operating Income (Expenses)	0.67	0.65	0.65	0.71	0.3	0.06
EBT Excluding Unusual Items	-35.92	-40.52	-30.9	12.92	-81.1	-125.63
Merger & Restructuring Charges	0.04	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-	-296.2
Gain (Loss) on Sale of Assets	-0.62	-0.26	-0.29	-0.37	-0.66	2.86
Other Unusual Items	-0.37	-0.1	-0.44	2.39	17.16	37.57
Pretax Income	-36.87	-40.88	-31.63	14.94	-64.6	-381.41
Income Tax Expense	-0.43	0.2	0.59	0.55	-0.03	-2.46
Earnings From Continuing Operations	-36.44	-41.08	-32.21	14.39	-64.58	-378.95
Net Income	-36.44	-41.08	-32.21	14.39	-64.58	-378.95
Net Income to Common	-36.44	-41.08	-32.21	14.39	-64.58	-378.95
Shares Outstanding (Basic)	40	37	33	31	30	30
Shares Outstanding (Diluted)	40	37	33	32	30	30
Shares Change (YoY)	17.22%	11.69%	3.20%	6.43%	1.88%	1.49%
EPS (Basic)	-0.91	-1.11	-0.97	0.47	-2.13	-12.74
EPS (Diluted)	-0.91	-1.11	-0.97	0.45	-2.13	-12.74
Free Cash Flow	-2.54	-1.57	20.91	-11.88	-55.83	-14.32
Free Cash Flow Per Share	-0.06	-0.04	0.63	-0.37	-1.84	-0.48
Gross Margin	18.13%	17.57%	19.49%	22.97%	11.86%	2.80%
Operating Margin	2.76%	1.68%	3.00%	7.48%	-13.99%	-28.81%
Profit Margin	-6.31%	-7.41%	-5.29%	2.43%	-18.48%	-121.91%
Free Cash Flow Margin	-0.44%	-0.28%	3.43%	-2.00%	-15.98%	-4.61%
EBITDA	50.99	46.08	58.96	84.64	-3.87	-40.65
EBITDA Margin	8.83%	8.32%	9.67%	14.26%	-1.11%	-13.08%
D&A For EBITDA	35.07	36.78	40.66	40.25	45.02	48.9
EBIT	15.92	9.3	18.3	44.39	-48.9	-89.55
EBIT Margin	2.76%	1.68%	3.00%	7.48%	-13.99%	-28.81%
Effective Tax Rate	-	-	-	3.65%	-	-
Revenue as Reported	577.3	554.1	609.53	593.38	349.42	310.85

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

SEC Filings: 10-K · 10-Q