Nine Energy Service Cement — Revenue decreased by 31.9% to $35.87M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 37.3%, from $57.17M to $35.87M. Over 3 years (FY 2021 to FY 2025), Cement — Revenue shows an upward trend with a 22.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests higher demand for well completion services or improved pricing power, while a decrease may indicate reduced drilling activity or increased competitive pressure in the cementing market.
This metric represents the total gross revenue generated from the company's cementing services segment, which involves p...
Comparable to cementing or pressure pumping service revenues reported by other oilfield services companies, though specific service offerings and regional exposure vary significantly across peers.
nine_segment_cement_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $28.55M | $28.55M | $28.55M | $45.24M | $55.23M | $62.46M | $58.12M | $51.87M | $52.31M | $48.29M | $45.79M | $51.19M | $54.77M | $57.17M | $52.18M | $49.29M | $52.64M | $35.87M |
| QoQ Change | — | +0.0% | +0.0% | +58.5% | +22.1% | +13.1% | -7.0% | -10.8% | +0.9% | -7.7% | -5.2% | +11.8% | +7.0% | +4.4% | -8.7% | -5.5% | +6.8% | -31.9% |
| YoY Change | — | — | — | — | +93.5% | +38.1% | +5.2% | — | — | -22.7% | -21.2% | -1.3% | +4.7% | +18.4% | +14.0% | -3.7% | -3.9% | -37.3% |