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Side-by-side financial comparison of FARMER BROTHERS CO (FARM) and Nine Energy Service, Inc. (NINE). Click either name above to swap in a different company.
Nine Energy Service, Inc. is the larger business by last-quarter revenue ($132.2M vs $88.9M, roughly 1.5× FARMER BROTHERS CO). FARMER BROTHERS CO runs the higher net margin — -5.5% vs -14.5%, a 9.1% gap on every dollar of revenue. On growth, FARMER BROTHERS CO posted the faster year-over-year revenue change (-1.2% vs -6.5%). FARMER BROTHERS CO produced more free cash flow last quarter ($-2.6M vs $-4.8M). Over the past eight quarters, FARMER BROTHERS CO's revenue compounded faster (2.1% CAGR vs -3.6%).
Farmer Bros. Co. is an American coffee foodservice company based in Fort Worth, Texas. The company specializes in the manufacture and distribution of coffee, tea, and approximately 300 other foodservice items used by restaurants and other establishments. John Moore serves as the company's president and chief executive officer.
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.
FARM vs NINE — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $88.9M | $132.2M |
| Net Profit | $-4.9M | $-19.2M |
| Gross Margin | 36.3% | — |
| Operating Margin | -4.7% | -4.2% |
| Net Margin | -5.5% | -14.5% |
| Revenue YoY | -1.2% | -6.5% |
| Net Profit YoY | -2417.1% | -117.4% |
| EPS (diluted) | $-0.22 | $-0.47 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $88.9M | $132.2M | ||
| Q3 25 | $81.6M | $132.0M | ||
| Q2 25 | $85.1M | $147.3M | ||
| Q1 25 | $82.1M | $150.5M | ||
| Q4 24 | $90.0M | $141.4M | ||
| Q3 24 | $85.1M | $138.2M | ||
| Q2 24 | $84.4M | $132.4M | ||
| Q1 24 | $85.4M | $142.1M |
| Q4 25 | $-4.9M | $-19.2M | ||
| Q3 25 | $-4.0M | $-14.6M | ||
| Q2 25 | $-4.7M | $-10.4M | ||
| Q1 25 | $-5.0M | $-7.1M | ||
| Q4 24 | $210.0K | $-8.8M | ||
| Q3 24 | $-5.0M | $-10.1M | ||
| Q2 24 | $-4.6M | $-14.0M | ||
| Q1 24 | $-682.0K | $-8.1M |
| Q4 25 | 36.3% | — | ||
| Q3 25 | 39.7% | — | ||
| Q2 25 | 44.9% | — | ||
| Q1 25 | 42.1% | — | ||
| Q4 24 | 43.1% | — | ||
| Q3 24 | 43.9% | — | ||
| Q2 24 | 38.8% | — | ||
| Q1 24 | 40.1% | — |
| Q4 25 | -4.7% | -4.2% | ||
| Q3 25 | -3.9% | -0.9% | ||
| Q2 25 | 4.6% | 2.3% | ||
| Q1 25 | -4.3% | 3.7% | ||
| Q4 24 | 1.1% | 2.5% | ||
| Q3 24 | -3.3% | 1.8% | ||
| Q2 24 | -4.9% | -1.1% | ||
| Q1 24 | -0.5% | 3.1% |
| Q4 25 | -5.5% | -14.5% | ||
| Q3 25 | -4.9% | -11.1% | ||
| Q2 25 | -5.6% | -7.1% | ||
| Q1 25 | -6.1% | -4.7% | ||
| Q4 24 | 0.2% | -6.3% | ||
| Q3 24 | -5.9% | -7.3% | ||
| Q2 24 | -5.4% | -10.6% | ||
| Q1 24 | -0.8% | -5.7% |
| Q4 25 | $-0.22 | $-0.47 | ||
| Q3 25 | $-0.19 | $-0.35 | ||
| Q2 25 | $-0.22 | $-0.25 | ||
| Q1 25 | $-0.23 | $-0.18 | ||
| Q4 24 | $0.01 | $-0.21 | ||
| Q3 24 | $-0.24 | $-0.26 | ||
| Q2 24 | $-0.23 | $-0.40 | ||
| Q1 24 | $-0.03 | $-0.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.2M | $18.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $35.7M | $-115.0M |
| Total Assets | $151.4M | $339.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.2M | $18.4M | ||
| Q3 25 | $3.8M | $14.4M | ||
| Q2 25 | $6.8M | $14.2M | ||
| Q1 25 | $4.1M | $17.3M | ||
| Q4 24 | $5.5M | $27.9M | ||
| Q3 24 | $3.3M | $15.7M | ||
| Q2 24 | $5.8M | $26.0M | ||
| Q1 24 | $5.5M | $10.2M |
| Q4 25 | $35.7M | $-115.0M | ||
| Q3 25 | $40.0M | $-95.9M | ||
| Q2 25 | $43.5M | $-81.7M | ||
| Q1 25 | $37.3M | $-72.1M | ||
| Q4 24 | $41.5M | $-66.1M | ||
| Q3 24 | $40.9M | $-57.6M | ||
| Q2 24 | $45.5M | $-49.7M | ||
| Q1 24 | $43.1M | $-43.3M |
| Q4 25 | $151.4M | $339.5M | ||
| Q3 25 | $158.8M | $340.7M | ||
| Q2 25 | $161.2M | $361.2M | ||
| Q1 25 | $163.2M | $359.2M | ||
| Q4 24 | $179.1M | $360.1M | ||
| Q3 24 | $182.0M | $353.2M | ||
| Q2 24 | $185.2M | $381.7M | ||
| Q1 24 | $179.1M | $380.4M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-786.0K | $-2.2M |
| Free Cash FlowOCF − Capex | $-2.6M | $-4.8M |
| FCF MarginFCF / Revenue | -2.9% | -3.6% |
| Capex IntensityCapex / Revenue | 2.1% | 2.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-23.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-786.0K | $-2.2M | ||
| Q3 25 | $-5.0M | $-9.9M | ||
| Q2 25 | $9.7M | $10.1M | ||
| Q1 25 | $1.3M | $-5.3M | ||
| Q4 24 | $2.6M | $15.0M | ||
| Q3 24 | $2.5M | $-5.8M | ||
| Q2 24 | $-995.0K | $12.9M | ||
| Q1 24 | $-2.3M | $-8.8M |
| Q4 25 | $-2.6M | $-4.8M | ||
| Q3 25 | $-6.9M | $-13.4M | ||
| Q2 25 | — | $4.2M | ||
| Q1 25 | $-684.0K | $-9.3M | ||
| Q4 24 | $521.0K | $11.8M | ||
| Q3 24 | $-837.0K | $-9.3M | ||
| Q2 24 | — | $10.3M | ||
| Q1 24 | $-5.7M | $-14.3M |
| Q4 25 | -2.9% | -3.6% | ||
| Q3 25 | -8.5% | -10.2% | ||
| Q2 25 | — | 2.9% | ||
| Q1 25 | -0.8% | -6.2% | ||
| Q4 24 | 0.6% | 8.3% | ||
| Q3 24 | -1.0% | -6.7% | ||
| Q2 24 | — | 7.7% | ||
| Q1 24 | -6.7% | -10.1% |
| Q4 25 | 2.1% | 2.0% | ||
| Q3 25 | 2.4% | 2.6% | ||
| Q2 25 | — | 4.0% | ||
| Q1 25 | 2.4% | 2.6% | ||
| Q4 24 | 2.3% | 2.3% | ||
| Q3 24 | 3.9% | 2.5% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | 4.0% | 3.9% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 12.16× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FARM
| Coffee Roasted | $45.5M | 51% |
| Tea Iced Hot | $23.3M | 26% |
| Culinary | $14.1M | 16% |
| Spice | $4.9M | 5% |
| Fuel Surcharge | $1.2M | 1% |
NINE
| Cement | $52.6M | 40% |
| Tool Revenue | $28.6M | 22% |
| Coiled Tubing | $25.8M | 20% |
| Wireline | $25.1M | 19% |
