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Nine Energy Service NINE Coiled tubing — Revenue

Other product segments

Cement
$35.87M-37.3%
Product revenues
$17.28M-48.9%
Tools
$17.28M-48.9%
Wireline
$16.46M-44.4%

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Other financials

Income statement

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Revenue$41.6M-72.4%
Operating income-$856.0K-115%
Net income-$1.3M+82.3%
EPS (diluted)-$0.09+50.0%

Balance sheet

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Cash & equivalents$28.4M+64.6%
Total debt$100.2M-72.3%
Total equity$134.0M+286%
Total assets$326.0M-9.2%

Cash flow

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Operating cash flow-$2.4M+54.2%
CapEx$3.5M-12.5%
Free cash flow-$5.9M+36.3%

Valuation

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Market cap$166.56M+49.2%
Enterprise value$238.37M
P/S0.4×

Profitability

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Operating margin2%+0.6pp
Net margin-10%+7.0pp
FCF margin-8.9%

Returns & leverage

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Return on equity-147.1%
Debt / equity0.7×
Current ratio2.1×+0.1×

Where this comes from

Reported directly by Nine Energy Service in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: Nine Energy Service’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nine Energy Service's coiled tubing — revenue?
Nine Energy Service (NINE) reported coiled tubing — revenue of $18.78M in Q1 2026.
How has Nine Energy Service's coiled tubing — revenue changed year-over-year?
Nine Energy Service's coiled tubing — revenue decreased by 37.1% year-over-year, from $29.86M to $18.78M.
What is the long-term trend for Nine Energy Service's coiled tubing — revenue?
Over 3 years (2021 to 2025), Nine Energy Service's coiled tubing — revenue has grown at a 18.9% compound annual growth rate (CAGR), from $62M to $104.11M.
What does coiled tubing — revenue mean?
This metric represents the total revenue generated from coiled tubing services provided to oil and gas operators during the completion phase of well development. Coiled tubing is a critical intervention service used for wellbore cleanouts, stimulation, and zonal isolation in unconventional resource plays. Tracking this revenue stream provides insight into the company's market share and activity levels within the specialized well intervention and completion services sector.