Service revenues — Revenue
Nine Energy Service Service revenues — 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 2 years (FY 2023 to FY 2025), Service revenues — Revenue shows relatively stable performance with a -3.6% 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 field services and greater utilization of its specialized equipment and personnel, while a decrease may signal reduced drilling activity or pricing pressure in the energy sector.
Detailed definition
This metric represents the total gross income generated specifically from the provision of oilfield completion services,...
Peer comparison
Comparable to 'Service Revenue' or 'Field Service Revenue' reported by other oilfield services companies, though specific service offerings like cementing versus hydraulic fracturing can lead to variations in margin profiles.
nine_segment_service_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 | $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 | — | -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 | — | — | — | — | -14.9% | -18.4% | -1.2% | +0.1% | +9.1% | +10.2% | -5.5% | -4.3% | -39.0% |
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Frequently Asked Questions
- What is Nine Energy Service's service revenues — revenue?
- Nine Energy Service (NINE) reported service revenues — revenue of $71.11M in Q1 2026.
- How has Nine Energy Service's service revenues — revenue changed year-over-year?
- Nine Energy Service's service revenues — 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 revenues — revenue?
- Over 2 years (2023 to 2025), Nine Energy Service's service revenues — revenue has grown at a -3.6% compound annual growth rate (CAGR), from $464.23M to $431.21M.
- What does service revenues — revenue mean?
- The total revenue earned from performing specialized oilfield completion services for clients.