Nine Energy Service Service revenues — Revenue decreased by 39.0% to $71.11M 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 field services and greater utilization of its specialized equipment and personnel, while a decrease may signal reduced drilling activity or pricing pressure in the energy sector.
This metric represents the total gross income generated specifically from the provision of oilfield completion services,...
Comparable to 'Service Revenue' or 'Field Service Revenue' reported by other oilfield services companies, though specific service offerings like cementing versus hydraulic fracturing can lead to variations in margin profiles.
nine_segment_service_revenues_revenues| Q1 '25 | Q1 '26 | |
|---|---|---|
| Value | $116.63M | $71.11M |
| QoQ Change | — | -39.0% |
| YoY Change | — | -39.0% |