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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	16.85	18.45	27.88	30.84	17.45	21.51
Cash & Short-Term Investments	16.85	18.45	27.88	30.84	17.45	21.51
Cash Growth	18.52%	-33.83%	-9.60%	76.78%	-18.89%	-68.77%
Accounts Receivable	91.6	75.98	81.16	88.45	105.28	64.03
Other Receivables	-	-	0.28	0.49	0.74	1.39
Receivables	91.6	75.98	81.44	88.94	106.02	65.42
Inventory	48.77	56.55	50.78	54.49	62.05	42.18
Prepaid Expenses	11.31	13.54	9.98	8.87	11.22	10.2
Restricted Cash	1.4	1.39	-	-	-	-
Other Current Assets	1.38	2.92	0.38	0.5	-	-
Total Current Assets	171.3	168.83	170.46	183.63	196.73	139.3
Property, Plant & Equipment	136.9	98.39	107.8	124.47	126.6	123.52
Other Intangible Assets	8.9	68.06	79.25	90.43	101.95	116.41
Other Long-Term Assets	0.56	4.18	2.57	3.45	1.56	2.38
Total Assets	317.66	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	44.45	43.56	36.05	33.38	42.21	28.68
Accrued Expenses	13.93	27.76	30.68	36.17	28.39	18.52
Current Portion of Long-Term Debt	1.61	6.31	3.58	2.86	2.27	2.09
Current Portion of Leases	12.73	13.42	11.24	10.35	8.13	7.16
Current Income Taxes Payable	0.38	0.36	-	-	-	-
Total Current Liabilities	73.09	91.41	81.55	82.75	81	56.45
Long-Term Debt	97.34	341.57	317.26	320.52	338.03	332.31
Long-Term Leases	17.19	21.35	26.71	32.59	29.37	30.5
Other Long-Term Liabilities	0.46	0.09	0.62	1.75	1.94	1.61
Total Liabilities	188.09	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	Jun 30, 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	135.64	808.43	806.23	795.11	775.01	773.35
Retained Earnings	-6.14	-918.63	-867.31	-826.23	-794.02	-808.41
Comprehensive Income & Other	-0.06	-5.19	-5.41	-4.86	-4.83	-4.54
Shareholders' Equity	129.57	-114.96	-66.06	-35.63	-23.51	-39.27
Total Liabilities & Equity	317.66	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	128.87	382.65	358.79	366.32	377.8	372.07
Net Cash (Debt)	-112.02	-364.2	-330.91	-335.48	-360.36	-350.56
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.46	-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	98.21	77.42	88.92	100.88	115.72	82.85
Book Value Per Share	9.29	-2.65	-1.56	-1.01	-0.71	-1.20
Tangible Book Value	120.67	-183.02	-145.31	-126.06	-125.45	-155.68
Tangible Book Value Per Share	8.65	-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	108.42	338.05	332.28	338.63	343.85	322.38
Leasehold Improvements	1.81	4.28	4.46	2.28	2.02	1.44

Data Source: S&P Global Market Intelligence Last updated: May 13, 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:

Aug 16, 2026

Data Sources Report a data error