Nine Energy Service Balance Sheet

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
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
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
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
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 Per Share	-8.26	-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

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.