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.
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.
This metric represents the total gross revenue generated from the company's service-based business segment, specifically...
Comparable to 'Service Revenue' or 'Field Services Revenue' reported by other oilfield service providers and completion specialists.
nine_segment_service_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 | $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% |