Company Analysis

Nine Energy Service, Inc. (NINE)

NYSE: NINE · Oil & Gas Field Services, NEC · Houston, TX · filing with the SEC since 2011
Grade2.4
◀ Past 1.9● Present 2.2▶ Future 3.2

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 4, 2026Mar 6, 2025Mar 8, 2024Mar 8, 2023Mar 8, 2022Mar 8, 2021Mar 10, 2020Mar 7, 2019Mar 29, 2018·
Revenue561,911554,104609,526593,382349,419310,851832,937827,174543,660282,354
For lenders
Net interest income···-32,486-32,527-36,759-39,770-22,939r-16,252r-14,185
Cost of revenue·····302,157669,979639,298448,467246,109
Gross profit·····8,694162,958187,87695,19336,245
General and administrative59,74751,29859,81751,65345,30149,34681,32773,078r49,505r39,387
Operating income2,3488,94017,57343,568-50,015-383,165-182,728-28,293-56,966-83,012
Interest expense55,20851,32151,11932,486·36,75939,770r22,31515,70314,185
Interest and investment income6838491,27030526615860624549·
Share of profit of equity-method investments······0-347-3680
Total non-operating income (expense)·······-22,315-15,703-14,185
Income before income taxes-51,493-40,884-31,62814,939-64,600-381,406-221,638-50,608-72,669-97,197
Income tax expense-171198585546-25-2,458-3,8872,375-4,987-26,286
Net income including non-controlling interests-51,322-41,082-32,21314,393-64,575-378,948-217,751-52,983-67,682-70,911
Net income-51,322-41,082-32,21314,393-64,575-378,948-217,751-52,983-67,682-70,911
Net income to common shareholders·····-378,948-217,751-52,983-67,682-70,911
Earnings per share, basic-1.25-1.11-0.970.47-2.13-12.74-7.43-2.17-4.55-5.34
Earnings per share, diluted-1.25-1.11-0.970.45-2.13-12.74-7.43-2.17-4.55-5.34
Earnings per share, basic and diluted·····-12.74-7.43-2.17-4.55-5.34
Weighted average shares, basic40,917,96037,172,63533,282,23430,930,89030,302,92529,744,83029,308,10724,411,21314,887,00613,268,540
Weighted average shares, diluted40,917,96037,172,63533,282,23432,251,39830,302,92529,744,83029,308,10724,411,21314,887,00613,268,540
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNonoperating
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton NINE · research, not advice