Nine Energy Service, Inc.NINEEarnings & Financial Report
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 Q1 FY2026 Key Financial Metrics
Revenue
$41.6M
Gross Profit
$3.8M
Operating Profit
N/A
Net Profit
$107.9M
Gross Margin
9.1%
Operating Margin
N/A
Net Margin
259.3%
YoY Growth
-68.5%
EPS
$2.65
Nine Energy Service, Inc. Q1 FY2026 Financial Summary
Nine Energy Service, Inc. reported revenue of $41.6M (down 68.5% YoY) for Q1 FY2026, with a net profit of $107.9M (259.3% margin). Cost of goods sold was $37.8M.
Key Financial Metrics
| Total Revenue | $41.6M |
|---|---|
| Net Profit | $107.9M |
| Gross Margin | 9.1% |
| Operating Margin | N/A |
| Report Period | Q1 FY2026 |
Nine Energy Service, Inc. Annual Revenue by Year
Nine Energy Service, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $561.9M).
Nine Energy Service, Inc. Quarterly Revenue & Net Profit History
Nine Energy Service, 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 |
|---|---|---|---|---|
| Q1 FY2026 | $41.6M | -68.5% | $107.9M | 259.3% |
| Q4 FY2025 | $132.2M | -6.5% | $-19.2M | -14.5% |
| Q3 FY2025 | $132.0M | -4.4% | $-14.6M | -11.1% |
| Q2 FY2025 | $147.3M | +11.2% | $-10.4M | -7.1% |
| Q1 FY2025 | $150.5M | +5.9% | $-7.1M | -4.7% |
| Q4 FY2024 | $141.4M | -1.8% | $-8.8M | -6.3% |
| Q3 FY2024 | $138.2M | -1.7% | $-10.1M | -7.3% |
| Q2 FY2024 | $132.4M | -18.0% | $-14.0M | -10.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $132.4M | $138.2M | $141.4M | $150.5M | $147.3M | $132.0M | $132.2M | $41.6M |
| YoY Growth | -18.0% | -1.7% | -1.8% | 5.9% | 11.2% | -4.4% | -6.5% | -68.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $381.7M | $353.2M | $360.1M | $359.2M | $361.2M | $340.7M | $339.5M | $326.0M |
| Liabilities | $431.4M | $410.8M | $426.1M | $431.3M | $442.9M | $436.6M | $454.4M | $192.1M |
| Equity | $-49.7M | $-57.6M | $-66.1M | $-72.1M | $-81.7M | $-95.9M | $-115.0M | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $12.9M | $-5.8M | $15.0M | $-5.3M | $10.1M | $-9.9M | $-2.2M |