Nine Energy Service Product — Revenue decreased by 48.9% to $17.28M in Q1 2026 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates higher demand for the company's proprietary hardware and successful market penetration of its completion tool portfolio, while a decrease may signal reduced drilling activity or loss of market share to competitors.
This metric represents the total gross revenue generated specifically from the sale of manufactured completion tools and...
Peers in the oilfield services sector often report this as 'Product Sales' or 'Equipment Revenue,' which is typically compared against total segment revenue to assess the product-to-service mix.
nine_segment_product_revenues| Q1 '25 | Q1 '26 | |
|---|---|---|
| Value | $33.84M | $17.28M |
| QoQ Change | — | -48.9% |
| YoY Change | — | -48.9% |