10 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $562M | -$51M | 0.0% | 0.4% | -$23M | $348M | $18M |
| 2024 | $554M | -$41M | 0.0% | 1.6% | -$2M | $321M | $28M |
| 2023 | $610M | -$32M | 0.0% | 2.9% | $21M | $323M | $31M |
| 2022 | $593M | $14M | 0.0% | 7.3% | -$12M | $340M | $17M |
| 2021 | $349M | -$65M | 0.0% | -14.3% | -$56M | $334M | $22M |
| 2020 | $311M | -$379M | 2.8% | -123.3% | -$14M | $344M | $69M |
| 2019 | $833M | -$218M | 19.6% | -21.9% | $36M | $392M | $93M |
| 2018 | $827M | -$53M | 22.7% | -3.4% | $43M | $425M | $64M |
| 2017 | $544M | -$68M | 17.5% | -10.5% | -$40M | $242M | $18M |
| 2016 | $282M | -$71M | 12.8% | -29.4% | -$12M | — | $4M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $88M | $108M | 0.0% | -12.5% | -$13M | $95M | $18M |
| Dec '25 | $132M | -$19M | 0.0% | -4.2% | -$5M | $348M | $18M |
| Sep '25 | $132M | -$15M | 0.0% | -0.9% | -$13M | $339M | $14M |
| Jun '25 | $147M | -$10M | 0.0% | 2.3% | $4M | $324M | $14M |
| Mar '25 | $150M | -$7M | 0.0% | 3.7% | -$9M | $321M | $17M |
| Dec '24 | $141M | -$9M | 0.0% | 2.5% | $12M | $321M | $28M |
| Sep '24 | $138M | -$10M | 0.0% | 1.8% | -$9M | $318M | $16M |
| Jun '24 | $132M | -$14M | 0.0% | -1.1% | $10M | $319M | $26M |
| Mar '24 | $142M | -$8M | 0.0% | 3.1% | -$14M | $319M | $10M |
| Dec '23 | $144M | -$10M | 0.0% | 1.5% | $16M | $323M | $31M |
| Sep '23 | $141M | -$13M | 0.0% | -0.6% | -$14M | $319M | $12M |
| Jun '23 | $161M | -$3M | 0.0% | 5.8% | $21M | $333M | $41M |
| Mar '23 | $163M | -$6M | 0.0% | 4.2% | -$2M | $333M | $21M |
| Dec '22 | $167M | $8M | 0.0% | 9.8% | -$11M | $340M | $17M |
| Sep '22 | $167M | $14M | 0.0% | 11.8% | $10M | $333M | $21M |
| Jun '22 | $142M | -$978000 | 0.0% | 4.5% | -$3M | $346M | $22M |
| Mar '22 | $117M | -$7M | 0.0% | 0.9% | -$7M | $339M | $20M |
| Dec '21 | — | -$16M | — | — | -$24M | $334M | $22M |
| Sep '21 | — | -$16M | — | — | -$4M | $318M | $30M |
| Jun '21 | — | -$25M | — | — | -$20M | $318M | $33M |
How the market has priced NINE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Nine Energy Service, Inc.'s revenue has grown 12.6% per year. These are computed facts, not advice.
As of FY2025, Nine Energy Service, Inc. reported $348M of total debt against $18M of cash; operating income covered interest expense 0.0×.
In FY2025, gross margin was —, operating margin 0.4%, and net margin -9.1%.
As of Jun '26, Nine Energy Service, Inc. traded at a price-to-earnings ratio of about 2.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.