Nine Energy Service Product revenues — 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 suggests higher demand for the company's proprietary completion technology and potential market share gains in the hardware segment, while a decrease may indicate reduced drilling activity or competitive pressure on product pricing.
This metric represents the total revenue generated from the sale and rental of specialized completion tools, such as lin...
Peers in the oilfield services sector typically report this under 'Product Sales' or 'Completion Tools Revenue,' with performance often correlated to the overall rig count and the intensity of completion activity in unconventional basins.
nine_segment_product_revenues_revenues| Q1 '25 | Q1 '26 | |
|---|---|---|
| Value | $33.84M | $17.28M |
| QoQ Change | — | -48.9% |
| YoY Change | — | -48.9% |