Current Assets

Cash & Equivalents

Nine Energy Service Cash & Equivalents increased by 43.3% to $28.44M in Q1 2026 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2012
Last reportedQ1 2026

How to read this metric

An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.

Detailed definition

Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...

Peer comparison

Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.

Metric ID: cash_and_equivalents

Historical Data

4 periods
 Q4 '24Q1 '25Q4 '25Q1 '26
Value$27.88M$17.28M$19.84M$28.44M
QoQ Change-38.0%+14.9%+43.3%
YoY Change-28.8%+64.6%
Range$17.28M$28.44M
Avg YoY Growth+17.9%
Median YoY Growth+17.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is Nine Energy Service's cash & equivalents?
Nine Energy Service (NINE) reported cash & equivalents of $28.44M in Q1 2026.
What does cash & equivalents mean?
Money in the bank and very short-term investments that can be turned into cash almost instantly.