Nine Energy Service, Inc. (NINE)

Nine Energy Service Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	11.25	18.45	27.88	30.84	17.45	21.51
Cash & Short-Term Investments	11.25	18.45	27.88	30.84	17.45	21.51
Cash Growth	-34.88%	-33.83%	-9.60%	76.78%	-18.89%	-68.77%
Accounts Receivable	88.27	75.98	81.16	88.45	105.28	64.03
Other Receivables	-	-	0.28	0.49	0.74	1.39
Receivables	88.27	75.98	81.44	88.94	106.02	65.42
Inventory	50.55	56.55	50.78	54.49	62.05	42.18
Prepaid Expenses	12.11	13.54	9.98	8.87	11.22	10.2
Restricted Cash	10.62	1.39	-	-	-	-
Other Current Assets	2.06	2.92	0.38	0.5	-	-
Total Current Assets	174.86	168.83	170.46	183.63	196.73	139.3
Property, Plant & Equipment	141.55	98.39	107.8	124.47	126.6	123.52
Other Intangible Assets	9.1	68.06	79.25	90.43	101.95	116.41
Other Long-Term Assets	0.54	4.18	2.57	3.45	1.56	2.38
Total Assets	326.04	339.46	360.08	401.98	426.83	381.61

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	41.45	43.56	36.05	33.38	42.21	28.68
Accrued Expenses	23.66	27.76	30.68	36.17	28.39	18.52
Current Portion of Long-Term Debt	3.98	6.31	3.58	2.86	2.27	2.09
Current Portion of Leases	12.5	13.42	11.24	10.35	8.13	7.16
Current Income Taxes Payable	0.37	0.36	-	-	-	-
Total Current Liabilities	81.97	91.41	81.55	82.75	81	56.45
Long-Term Debt	90.44	341.57	317.26	320.52	338.03	332.31
Long-Term Leases	19.6	21.35	26.71	32.59	29.37	30.5
Other Long-Term Liabilities	0.05	0.09	0.62	1.75	1.94	1.61
Total Liabilities	192.06	454.42	426.14	437.61	450.34	420.88

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.14	0.43	0.42	0.35	0.33	0.33
Additional Paid-In Capital	135.07	808.43	806.23	795.11	775.01	773.35
Retained Earnings	-1.25	-918.63	-867.31	-826.23	-794.02	-808.41
Comprehensive Income & Other	0.03	-5.19	-5.41	-4.86	-4.83	-4.54
Shareholders' Equity	133.98	-114.96	-66.06	-35.63	-23.51	-39.27
Total Liabilities & Equity	326.04	339.46	360.08	401.98	426.83	381.61

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	126.52	382.65	358.79	366.32	377.8	372.07
Net Cash (Debt)	-115.27	-364.2	-330.91	-335.48	-360.36	-350.56
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.95	-8.90	-8.90	-10.08	-11.17	-11.57
Filing Date Shares Outstanding	13.95	43.31	42.35	35.32	34.72	32.86
Total Common Shares Outstanding	13.95	43.33	42.35	35.32	33.22	32.83
Working Capital	92.88	77.42	88.92	100.88	115.72	82.85
Book Value Per Share	9.60	-2.65	-1.56	-1.01	-0.71	-1.20
Tangible Book Value	124.88	-183.02	-145.31	-126.06	-125.45	-155.68
Tangible Book Value Per Share	8.95	-4.22	-3.43	-3.57	-3.78	-4.74
Land	2.54	3.22	3.2	1.56	1.35	0.83
Buildings	3.02	4.78	4.69	5.69	4.6	8.99
Machinery	103.99	338.05	332.28	338.63	343.85	322.38
Leasehold Improvements	1.66	4.28	4.46	2.28	2.02	1.44

Data Source: S&P Global Market Intelligence Last updated: Mar 4, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 26, 2026

Data Sources Report a data error