Tools — Revenue
Nine Energy Service Tools — 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), Tools — 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 suggests higher demand for the company's proprietary completion hardware and improved market share in the well construction sector, while a decrease may signal reduced drilling activity or competitive pressure.
Detailed definition
This metric represents the total revenue generated from the sale and rental of specialized completion tools, including l...
Peer comparison
Comparable to completion tool or downhole equipment revenue segments reported by other oilfield service providers focusing on well construction and stimulation hardware.
nine_segment_tools_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 tools — revenue?
- Nine Energy Service (NINE) reported tools — revenue of $17.28M in Q1 2026.
- How has Nine Energy Service's tools — revenue changed year-over-year?
- Nine Energy Service's tools — 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 tools — revenue?
- Over 3 years (2021 to 2025), Nine Energy Service's tools — revenue has grown at a 9.0% compound annual growth rate (CAGR), from $100.80M to $130.70M.
- What does tools — revenue mean?
- The total revenue earned from selling or renting specialized oil and gas completion tools and accessories.