Product — Revenue
Nine Energy Service Product — Revenue decreased by 39.7% to $17.28M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 48.9%, from $33.84M to $17.28M. Over 3 years (FY 2021 to FY 2025), Product — Revenue shows an upward trend with a 9.0% 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 the company's proprietary hardware and successful market penetration of its completion tool portfolio, while a decrease may signal reduced drilling activity or loss of market share to competitors.
Detailed definition
This metric represents the total gross revenue generated specifically from the sale of manufactured completion tools and...
Peer comparison
Peers in the oilfield services sector often report this as 'Product Sales' or 'Equipment Revenue,' which is typically compared against total segment revenue to assess the product-to-service mix.
nine_segment_product_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 | $25.20M | $25.20M | $25.20M | $28.71M | $33.13M | $37.79M | $38.85M | $32.56M | $36.09M | $35.23M | $32.43M | $31.41M | $33.30M | $33.84M | $37.04M | $31.18M | $28.64M | $17.28M |
| QoQ Change | — | +0.0% | +0.0% | +13.9% | +15.4% | +14.1% | +2.8% | -16.2% | +10.9% | -2.4% | -7.9% | -3.1% | +6.0% | +1.6% | +9.5% | -15.8% | -8.2% | -39.7% |
| YoY Change | — | — | — | — | +31.5% | +31.6% | +17.3% | — | — | -6.8% | -16.5% | -3.5% | -7.8% | -3.9% | +14.2% | -0.7% | -14.0% | -48.9% |
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Frequently Asked Questions
- What is Nine Energy Service's product — revenue?
- Nine Energy Service (NINE) reported product — revenue of $17.28M in Q1 2026.
- How has Nine Energy Service's product — revenue changed year-over-year?
- Nine Energy Service's product — revenue decreased by 48.9% year-over-year, from $33.84M to $17.28M.
- What is the long-term trend for Nine Energy Service's product — revenue?
- Over 3 years (2021 to 2025), Nine Energy Service's product — revenue has grown at a 9.0% compound annual growth rate (CAGR), from $100.80M to $130.70M.
- What does product — revenue mean?
- Total revenue earned from selling completion tools and equipment.