NCS Multistage Holdings, Inc.NCSMEarnings & Financial Report
NCS Multistage Holdings, Inc. is a global oilfield services and energy technology provider specializing in engineered completion systems for onshore and offshore oil and gas production. It offers multistage fracturing tools that optimize well performance, serving major operators across North America, Latin America, the Middle East and Asia-Pacific, focusing on boosting operational efficiency and resource recovery for upstream energy clients.
NCSM Q4 FY2025 Key Financial Metrics
Revenue
$50.6M
Gross Profit
N/A
Operating Profit
$5.2M
Net Profit
$15.0M
Gross Margin
N/A
Operating Margin
10.3%
Net Margin
29.5%
YoY Growth
12.5%
EPS
$5.43
NCS Multistage Holdings, Inc. Q4 FY2025 Financial Summary
NCS Multistage Holdings, Inc. reported revenue of $50.6M (up 12.5% YoY) for Q4 FY2025, with a net profit of $15.0M (up 331.0% YoY) (29.5% margin).
Key Financial Metrics
| Total Revenue | $50.6M |
|---|---|
| Net Profit | $15.0M |
| Gross Margin | N/A |
| Operating Margin | 10.3% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
NCS Multistage Holdings, Inc. Q4 FY2025 revenue of $50.6M breaks down across 2 segments, led by Products at $33.8M (66.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $33.8M | 66.8% |
| Services | $16.8M | 33.2% |
NCS Multistage Holdings, Inc. Revenue by Segment — Quarterly Trend
NCS Multistage Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Services) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Products | $33.8M | $31.2M | $27.8M | $35.1M |
| Services | $16.8M | $15.3M | $8.7M | $14.9M |
NCS Multistage Holdings, Inc. Annual Revenue by Year
NCS Multistage Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $183.6M).
NCS Multistage Holdings, Inc. Quarterly Revenue & Net Profit History
NCS Multistage Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $50.6M | +12.5% | $15.0M | 29.5% |
| Q3 FY2025 | $46.5M | +5.8% | $3.8M | 8.2% |
| Q2 FY2025 | $36.5M | +22.8% | $924.0K | 2.5% |
| Q1 FY2025 | $50.0M | +14.0% | $4.1M | 8.1% |
| Q4 FY2024 | $45.0M | +27.7% | $3.5M | 7.7% |
| Q3 FY2024 | $44.0M | +15.0% | $4.1M | 9.4% |
| Q2 FY2024 | $29.7M | +16.9% | $-3.1M | -10.4% |
| Q1 FY2024 | $43.9M | +0.7% | $2.1M | 4.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $43.9M | $29.7M | $44.0M | $45.0M | $50.0M | $36.5M | $46.5M | $50.6M |
| YoY Growth | 0.7% | 16.9% | 15.0% | 27.7% | 14.0% | 22.8% | 5.8% | 12.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $140.9M | $139.4M | $145.8M | $152.8M | $155.1M | $158.0M | $162.0M | $181.2M |
| Liabilities | $29.4M | $30.3M | $31.7M | $36.7M | $34.3M | $34.0M | $34.9M | $38.1M |
| Equity | $93.7M | $91.0M | $96.0M | $98.8M | $103.2M | $106.4M | $110.1M | $126.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-1.9M | $6.0M | $-2.0M | $10.6M | $-1.6M | $3.5M | $7.2M | $13.1M |