Non-Current Liabilities

Operating Lease Liabilities (Total)

Nine Energy Service Operating Lease Liabilities (Total) decreased by 94.8% to $1.80M in Q1 2026 compared to the prior quarter. Over 4 years (FY 2021 to FY 2025), Operating Lease Liabilities (Total) shows relatively stable performance with a -1.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026

How to read this metric

An increase indicates expansion of the leased asset base, while a decrease suggests a reduction in lease commitments or the expiration of lease terms.

Detailed definition

This represents the total present value of future lease payments for operating leases, recognized as a liability on the...

Peer comparison

Standardized under modern accounting rules, allowing for direct comparison of lease-based financing across companies in the same sector.

Metric ID: operating_lease_liabilities_total

Historical Data

6 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25Q1 '26
Value$36.53M$37.33M$42.91M$37.93M$34.76M$1.80M
QoQ Change—+2.2%+15.0%-11.6%-8.3%-94.8%
YoY Change—+2.2%+15.0%-11.6%-8.3%—
Range$1.80M – $42.91M
CAGR-91.0%
Avg YoY Growth-0.7%
Median YoY Growth-3.1%
Current Streak3 quarters decline

Frequently Asked Questions

What is Nine Energy Service's operating lease liabilities (total)?
Nine Energy Service (NINE) reported operating lease liabilities (total) of $1.80M in Q1 2026.
What is the long-term trend for Nine Energy Service's operating lease liabilities (total)?
Over 4 years (2021 to 2025), Nine Energy Service's operating lease liabilities (total) has grown at a -1.2% compound annual growth rate (CAGR), from $36.53M to $34.76M.
What does operating lease liabilities (total) mean?
The total value of future payments the company is obligated to make for leased assets.