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Nine Energy Service, Inc.

Nine Energy Service, Inc.NINEEarnings & Financial Report

NYSE · public utility

Xcel Energy Inc. is a U.S. regulated electric utility and natural gas delivery company based in Minneapolis, Minnesota, serving approximately 3.9 million electricity customers and 2.2 million natural gas customers across parts of eight states as of mid-2025. It consists of four operating subsidiaries: Northern States Power-Minnesota, Northern States Power-Wisconsin, Public Service Company of Colorado, and Southwestern Public Service Co.

NINE Q3 2025 Key Financial Metrics

Revenue

$132.0M

Gross Profit

N/A

Operating Profit

$-1.2M

Net Profit

$-14.6M

Gross Margin

N/A

Operating Margin

-0.9%

Net Margin

-11.1%

YoY Growth

-4.4%

EPS

$-0.35

Financial Flow

Nine Energy Service, Inc. Q3 2025 Financial Summary

Nine Energy Service, Inc. reported revenue of $132.0M for Q3 2025, with a net profit of $-14.6M (-11.1% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$132.0M
Net Profit$-14.6M
Gross MarginN/A
Operating Margin-0.9%
Report PeriodQ3 2025

Nine Energy Service, Inc. Annual Revenue by Year

Nine Energy Service, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $554.1M).

YearAnnual Revenue
2024$554.1M
2023$609.5M
2022$593.4M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$144.1M$142.1M$132.4M$138.2M$141.4M$150.5M$147.3M$132.0M
YoY Growth-13.6%-13.0%-18.0%-1.7%-1.8%5.9%11.2%-4.4%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$402.0M$380.4M$381.7M$353.2M$360.1M$359.2M$361.2M$340.7M
Liabilities$437.6M$423.7M$431.4M$410.8M$426.1M$431.3M$442.9M$436.6M
Equity$-35.6M$-43.3M$-49.7M$-57.6M$-66.1M$-72.1M$-81.7M$-95.9M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$24.3M$-8.8M$12.9M$-5.8M$15.0M$-5.3M$10.1M$-9.9M