Products & Services · Revenue

Service — Revenue

Nine Energy Service Service — Revenue decreased by 31.3% to $71.11M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 39.0%, from $116.63M to $71.11M. Over 3 years (FY 2021 to FY 2025), Service — Revenue shows an upward trend with a 20.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2021
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase indicates higher service volume, improved pricing power, or expanded market share in the completion services sector. A decrease suggests reduced drilling activity, pricing pressure, or loss of competitive positioning.

Detailed definition

This metric represents the total gross revenue generated from the company's service-based business segment, specifically...

Peer comparison

Comparable to 'Service Revenue' or 'Field Services Revenue' reported by other oilfield service providers and completion specialists.

Metric ID: nine_segment_service_revenues

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$62.15M$62.15M$62.15M$88.22M$109.22M$125.62M$122.58M$108.06M$107.98M$106.89M$99.97M$106.74M$108.13M$116.63M$110.21M$100.85M$103.53M$71.11M
QoQ Change+0.0%+0.0%+41.9%+23.8%+15.0%-2.4%-11.8%-0.1%-1.0%-6.5%+6.8%+1.3%+7.9%-5.5%-8.5%+2.7%-31.3%
YoY Change+75.7%+42.4%+12.2%-14.9%-18.4%-1.2%+0.1%+9.1%+10.2%-5.5%-4.3%-39.0%
Range$62.15M$125.62M
CAGR+3.2%
Avg YoY Growth+5.5%
Median YoY Growth-0.5%

Frequently Asked Questions

What is Nine Energy Service's service — revenue?
Nine Energy Service (NINE) reported service — revenue of $71.11M in Q1 2026.
How has Nine Energy Service's service — revenue changed year-over-year?
Nine Energy Service's service — revenue decreased by 39.0% year-over-year, from $116.63M to $71.11M.
What is the long-term trend for Nine Energy Service's service — revenue?
Over 3 years (2021 to 2025), Nine Energy Service's service — revenue has grown at a 20.1% compound annual growth rate (CAGR), from $248.62M to $431.21M.
What does service — revenue mean?
Total revenue earned from providing specialized oilfield completion and cementing services to customers.