Nine Energy Service Operating Lease ROU Assets decreased by 4.8% to $32.48M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.4%, from $37.06M to $32.48M. Over 4 years (FY 2021 to FY 2025), Operating Lease ROU Assets shows relatively stable performance with a -0.7% CAGR.
Increases reflect expansion of leased operational footprint or equipment, while decreases indicate lease expirations or asset depreciation.
This asset represents the company's right to use a leased item, such as real estate or equipment, over the lease term. I...
Standard across all companies reporting under modern lease accounting standards; reflects operational scale.
non_current_assets_operating_lease_right_of_use_asset| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $35.12M | $36.34M | $39.52M | $42.98M | $42.06M | $40.60M | $38.46M | $37.01M | $37.25M | $37.06M | $37.86M | $35.85M | $34.11M | $32.48M |
| QoQ Change | — | +3.5% | +8.8% | +8.7% | -2.1% | -3.5% | -5.3% | -3.8% | +0.7% | -0.5% | +2.2% | -5.3% | -4.9% | -4.8% |
| YoY Change | — | +3.5% | — | — | +15.7% | +2.7% | -10.5% | — | -11.4% | -8.7% | -1.5% | -3.1% | -8.4% | -12.4% |