Coiled tubing — Revenue
Nine Energy Service Coiled tubing — Revenue decreased by 27.2% to $18.78M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 37.1%, from $29.86M to $18.78M. Over 3 years (FY 2021 to FY 2025), Coiled tubing — Revenue shows an upward trend with a 18.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates higher demand for well intervention services and greater utilization of the company's coiled tubing fleet, while a decrease may signal reduced drilling activity or increased pricing pressure from competitors.
Detailed definition
This metric represents the total revenue generated from coiled tubing services provided to oil and gas operators during...
Peer comparison
Peers in the oilfield services sector report similar revenue streams under well intervention or completion services segments, often correlated with North American rig counts and completion activity.
nine_segment_coiled_tubing_revenuesHistorical Data
| 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 | $15.50M | $15.50M | $15.50M | $21.58M | $27.66M | $33.53M | $33.49M | $27.87M | $27.67M | $30.72M | $26.23M | $27.65M | $25.77M | $29.86M | $25.07M | $23.39M | $25.80M | $18.78M |
| QoQ Change | — | +0.0% | +0.0% | +39.2% | +28.2% | +21.2% | -0.1% | -16.8% | -0.7% | +11.0% | -14.6% | +5.4% | -6.8% | +15.9% | -16.0% | -6.7% | +10.3% | -27.2% |
| YoY Change | — | — | — | — | +78.5% | +55.4% | +21.1% | — | — | -8.4% | -21.7% | -0.8% | -6.9% | -2.8% | -4.4% | -15.4% | +0.1% | -37.1% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Nine Energy Service's coiled tubing — revenue?
- Nine Energy Service (NINE) reported coiled tubing — revenue of $18.78M in Q1 2026.
- How has Nine Energy Service's coiled tubing — revenue changed year-over-year?
- Nine Energy Service's coiled tubing — revenue decreased by 37.1% year-over-year, from $29.86M to $18.78M.
- What is the long-term trend for Nine Energy Service's coiled tubing — revenue?
- Over 3 years (2021 to 2025), Nine Energy Service's coiled tubing — revenue has grown at a 18.9% compound annual growth rate (CAGR), from $62.00M to $104.11M.
- What does coiled tubing — revenue mean?
- Total revenue earned from providing coiled tubing services for well completion and maintenance.