Nine Energy Service Accumulated Depreciation decreased by 99.2% to $2.20M in Q1 2026 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
A rising balance relative to gross assets suggests an aging infrastructure, potentially signaling a need for future capital expenditure to replace equipment.
This is the cumulative amount of depreciation expense charged against the company's tangible assets since their acquisit...
Commonly found in the balance sheet or notes for all companies with significant physical property, plant, and equipment.
ppe_accumulated_depreciation| Q4 '25 | Q1 '26 | |
|---|---|---|
| Value | $286.06M | $2.20M |
| QoQ Change | — | -99.2% |
| % of PP&E (Net) | 445.1% | 2.0% |
| Share Change | — | -443.1pp |