Coiled tubing — Revenue
Nine Energy Service Coiled tubing — Revenue decreased by 37.1% to $18.78M in Q1 2026 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates higher demand for well intervention services and greater utilization of the company's coiled tubing fleet, while a decrease may signal reduced drilling activity or increased pricing pressure from competitors.
Detailed definition
This metric represents the total revenue generated from coiled tubing services provided to oil and gas operators during...
Peer comparison
Peers in the oilfield services sector report similar revenue streams under well intervention or completion services segments, often correlated with North American rig counts and completion activity.
nine_segment_coiled_tubing_revenuesHistorical Data
| Q1 '25 | Q1 '26 | |
|---|---|---|
| Value | $29.86M | $18.78M |
| QoQ Change | — | -37.1% |
| YoY Change | — | -37.1% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Nine Energy Service's coiled tubing — revenue?
- Nine Energy Service (NINE) reported coiled tubing — revenue of $18.78M in Q1 2026.
- What does coiled tubing — revenue mean?
- Total revenue earned from providing coiled tubing services for well completion and maintenance.