Other

Prepaid expenses

Nine Energy Service Prepaid expenses decreased by 10.6% to $12.11M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 32.2%, from $9.16M to $12.11M. Over 2 years (FY 2023 to FY 2025), Prepaid expenses shows an upward trend with a 23.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2024
Last reportedQ1 2026

How to read this metric

Significant fluctuations may indicate changes in the timing of large annual contracts or operational scaling.

Detailed definition

These are payments made in advance for goods or services that will be received or consumed within the next twelve months...

Peer comparison

Standard across all industries; generally represents a small portion of total current assets.

Metric ID: other_prepaid_expense_current

Historical Data

7 periods
 Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$8.87M$9.98M$9.16M$8.41M$6.22M$13.54M$12.11M
QoQ Change—+12.5%-8.2%-8.2%-26.0%+117.7%-10.6%
YoY Change—+12.5%———+35.6%+32.2%
Range$6.22M – $13.54M
CAGR+23.1%
Avg YoY Growth+26.8%
Median YoY Growth+32.2%

Frequently Asked Questions

What is Nine Energy Service's prepaid expenses?
Nine Energy Service (NINE) reported prepaid expenses of $12.11M in Q1 2026.
How has Nine Energy Service's prepaid expenses changed year-over-year?
Nine Energy Service's prepaid expenses increased by 32.2% year-over-year, from $9.16M to $12.11M.
What is the long-term trend for Nine Energy Service's prepaid expenses?
Over 2 years (2023 to 2025), Nine Energy Service's prepaid expenses has grown at a 23.5% compound annual growth rate (CAGR), from $8.87M to $13.54M.
What does prepaid expenses mean?
Payments made in advance for services or goods that the company will receive within a year.