Product revenues — Revenue
Nine Energy Service Product revenues — 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 2 years (FY 2023 to FY 2025), Product revenues — Revenue shows a downward trend with a -5.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher demand for the company's proprietary completion technology and potential market share gains in the hardware segment, while a decrease may indicate reduced drilling activity or competitive pressure on product pricing.
Detailed definition
This metric represents the total revenue generated from the sale and rental of specialized completion tools, such as lin...
Peer comparison
Peers in the oilfield services sector typically report this under 'Product Sales' or 'Completion Tools Revenue,' with performance often correlated to the overall rig count and the intensity of completion activity in unconventional basins.
nine_segment_product_revenues_revenuesHistorical Data
| 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 | $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 | — | +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 | — | — | — | — | -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 revenues — revenue?
- Nine Energy Service (NINE) reported product revenues — revenue of $17.28M in Q1 2026.
- How has Nine Energy Service's product revenues — revenue changed year-over-year?
- Nine Energy Service's product revenues — 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 revenues — revenue?
- Over 2 years (2023 to 2025), Nine Energy Service's product revenues — revenue has grown at a -5.2% compound annual growth rate (CAGR), from $145.29M to $130.70M.
- What does product revenues — revenue mean?
- Total revenue earned from selling or renting specialized oil and gas completion tools and hardware.