Nine Energy Service Long-term debt, gross decreased by 74.5% to $94.42M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 73.0%, from $349.26M to $94.42M. Over 3 years (FY 2022 to FY 2025), Long-term debt, gross shows relatively stable performance with a 2.7% CAGR.
A decrease indicates deleveraging, which generally reduces financial risk, while an increase may signal expansion or acquisition financing.
This represents the total principal amount of long-term debt obligations carried on the balance sheet, excluding short-t...
Standard metric for all capital-intensive firms; essential for calculating debt-to-equity and net debt ratios.
other_debt_instrument_carrying_amount| 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 | $341.61M | $373.31M | $372.33M | $359.86M | $353.81M | $352.73M | $350.00M | $350.58M | $349.26M | $350.28M | $363.26M | $369.62M | $94.42M |
| QoQ Change | — | +9.3% | -0.3% | -3.3% | -1.7% | -0.3% | -0.8% | +0.2% | -0.4% | +0.3% | +3.7% | +1.8% | -74.5% |
| YoY Change | — | — | — | +5.3% | -5.2% | -5.3% | — | -2.6% | -1.3% | -0.7% | +3.8% | +5.4% | -73.0% |