Nine Energy Service Operating Lease Liabilities decreased by 8.2% to $19.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 23.4%, from $25.59M to $19.60M. Over 4 years (FY 2021 to FY 2025), Operating Lease Liabilities shows a downward trend with a -8.5% CAGR.
An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.
This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...
Standard long-term liability for companies with significant real estate or equipment footprints.
operating_lease_liabilities_non_current| 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 | $30.44M | $29.37M | $31.67M | $33.83M | $32.59M | $30.90M | $28.69M | $27.09M | $26.71M | $25.59M | $25.43M | $23.29M | $21.35M | $19.60M |
| QoQ Change | — | -3.5% | +7.8% | +6.8% | -3.7% | -5.2% | -7.2% | -5.6% | -1.4% | -4.2% | -0.6% | -8.4% | -8.3% | -8.2% |
| YoY Change | — | -3.5% | — | — | +11.0% | -2.4% | -15.2% | — | -18.1% | -17.2% | -11.4% | -14.0% | -20.1% | -23.4% |