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Side-by-side financial comparison of Nine Energy Service, Inc. (NINE) and PUMA BIOTECHNOLOGY, INC. (PBYI). 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 $75.5M, roughly 1.8× PUMA BIOTECHNOLOGY, INC.). On growth, PUMA BIOTECHNOLOGY, INC. posted the faster year-over-year revenue change (27.7% vs -6.5%). PUMA BIOTECHNOLOGY, INC. produced more free cash flow last quarter ($14.4M vs $-4.8M). Over the past eight quarters, PUMA BIOTECHNOLOGY, INC.'s revenue compounded faster (31.3% CAGR vs -3.6%).

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.

Puma Biotechnology is a publicly traded biopharmaceutical company headquartered in Los Angeles, CA.

NINE vs PBYI — Head-to-Head

Bigger by revenue
NINE
NINE
1.8× larger
NINE
$132.2M
$75.5M
PBYI
Growing faster (revenue YoY)
PBYI
PBYI
+34.3% gap
PBYI
27.7%
-6.5%
NINE
More free cash flow
PBYI
PBYI
$19.2M more FCF
PBYI
$14.4M
$-4.8M
NINE
Faster 2-yr revenue CAGR
PBYI
PBYI
Annualised
PBYI
31.3%
-3.6%
NINE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NINE
NINE
PBYI
PBYI
Revenue
$132.2M
$75.5M
Net Profit
$-19.2M
Gross Margin
69.3%
Operating Margin
-4.2%
22.7%
Net Margin
-14.5%
Revenue YoY
-6.5%
27.7%
Net Profit YoY
-117.4%
EPS (diluted)
$-0.47
$0.26

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.

Revenue
NINE
NINE
PBYI
PBYI
Q4 25
$132.2M
$75.5M
Q3 25
$132.0M
$54.5M
Q2 25
$147.3M
$52.4M
Q1 25
$150.5M
$46.0M
Q4 24
$141.4M
$59.1M
Q3 24
$138.2M
$80.5M
Q2 24
$132.4M
$47.1M
Q1 24
$142.1M
$43.8M
Net Profit
NINE
NINE
PBYI
PBYI
Q4 25
$-19.2M
Q3 25
$-14.6M
$8.8M
Q2 25
$-10.4M
$5.9M
Q1 25
$-7.1M
$3.0M
Q4 24
$-8.8M
Q3 24
$-10.1M
$20.3M
Q2 24
$-14.0M
$-4.5M
Q1 24
$-8.1M
$-4.8M
Gross Margin
NINE
NINE
PBYI
PBYI
Q4 25
69.3%
Q3 25
77.7%
Q2 25
76.5%
Q1 25
77.1%
Q4 24
76.4%
Q3 24
63.9%
Q2 24
77.4%
Q1 24
75.5%
Operating Margin
NINE
NINE
PBYI
PBYI
Q4 25
-4.2%
22.7%
Q3 25
-0.9%
17.6%
Q2 25
2.3%
12.7%
Q1 25
3.7%
8.7%
Q4 24
2.5%
22.6%
Q3 24
1.8%
27.4%
Q2 24
-1.1%
-4.6%
Q1 24
3.1%
-5.3%
Net Margin
NINE
NINE
PBYI
PBYI
Q4 25
-14.5%
Q3 25
-11.1%
16.2%
Q2 25
-7.1%
11.2%
Q1 25
-4.7%
6.5%
Q4 24
-6.3%
Q3 24
-7.3%
25.2%
Q2 24
-10.6%
-9.6%
Q1 24
-5.7%
-11.0%
EPS (diluted)
NINE
NINE
PBYI
PBYI
Q4 25
$-0.47
$0.26
Q3 25
$-0.35
$0.17
Q2 25
$-0.25
$0.12
Q1 25
$-0.18
$0.06
Q4 24
$-0.21
$0.40
Q3 24
$-0.26
$0.41
Q2 24
$-0.40
$-0.09
Q1 24
$-0.24
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NINE
NINE
PBYI
PBYI
Cash + ST InvestmentsLiquidity on hand
$18.4M
$97.5M
Total DebtLower is stronger
$22.7M
Stockholders' EquityBook value
$-115.0M
$130.3M
Total Assets
$339.5M
$216.3M
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NINE
NINE
PBYI
PBYI
Q4 25
$18.4M
$97.5M
Q3 25
$14.4M
$94.4M
Q2 25
$14.2M
$96.0M
Q1 25
$17.3M
$93.2M
Q4 24
$27.9M
$101.0M
Q3 24
$15.7M
$96.7M
Q2 24
$26.0M
$96.8M
Q1 24
$10.2M
$107.2M
Total Debt
NINE
NINE
PBYI
PBYI
Q4 25
$22.7M
Q3 25
$34.0M
Q2 25
$45.3M
Q1 25
$56.7M
Q4 24
$68.0M
Q3 24
$79.3M
Q2 24
$90.7M
Q1 24
$102.0M
Stockholders' Equity
NINE
NINE
PBYI
PBYI
Q4 25
$-115.0M
$130.3M
Q3 25
$-95.9M
$115.3M
Q2 25
$-81.7M
$104.7M
Q1 25
$-72.1M
$97.1M
Q4 24
$-66.1M
$92.1M
Q3 24
$-57.6M
$71.1M
Q2 24
$-49.7M
$48.5M
Q1 24
$-43.3M
$51.0M
Total Assets
NINE
NINE
PBYI
PBYI
Q4 25
$339.5M
$216.3M
Q3 25
$340.7M
$202.9M
Q2 25
$361.2M
$194.9M
Q1 25
$359.2M
$196.2M
Q4 24
$360.1M
$213.3M
Q3 24
$353.2M
$220.7M
Q2 24
$381.7M
$205.0M
Q1 24
$380.4M
$214.1M
Debt / Equity
NINE
NINE
PBYI
PBYI
Q4 25
0.17×
Q3 25
0.30×
Q2 25
0.43×
Q1 25
0.58×
Q4 24
0.74×
Q3 24
1.12×
Q2 24
1.87×
Q1 24
2.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NINE
NINE
PBYI
PBYI
Operating Cash FlowLast quarter
$-2.2M
$14.4M
Free Cash FlowOCF − Capex
$-4.8M
$14.4M
FCF MarginFCF / Revenue
-3.6%
19.1%
Capex IntensityCapex / Revenue
2.0%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-23.3M
$41.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NINE
NINE
PBYI
PBYI
Q4 25
$-2.2M
$14.4M
Q3 25
$-9.9M
$9.7M
Q2 25
$10.1M
$14.1M
Q1 25
$-5.3M
$3.6M
Q4 24
$15.0M
$15.6M
Q3 24
$-5.8M
$11.0M
Q2 24
$12.9M
$1.0M
Q1 24
$-8.8M
$11.2M
Free Cash Flow
NINE
NINE
PBYI
PBYI
Q4 25
$-4.8M
$14.4M
Q3 25
$-13.4M
$9.7M
Q2 25
$4.2M
$14.1M
Q1 25
$-9.3M
$3.6M
Q4 24
$11.8M
$15.6M
Q3 24
$-9.3M
$11.0M
Q2 24
$10.3M
$1.0M
Q1 24
$-14.3M
FCF Margin
NINE
NINE
PBYI
PBYI
Q4 25
-3.6%
19.1%
Q3 25
-10.2%
17.7%
Q2 25
2.9%
26.8%
Q1 25
-6.2%
7.7%
Q4 24
8.3%
26.4%
Q3 24
-6.7%
13.7%
Q2 24
7.7%
2.1%
Q1 24
-10.1%
Capex Intensity
NINE
NINE
PBYI
PBYI
Q4 25
2.0%
0.0%
Q3 25
2.6%
0.0%
Q2 25
4.0%
0.0%
Q1 25
2.6%
0.1%
Q4 24
2.3%
0.0%
Q3 24
2.5%
0.0%
Q2 24
2.0%
0.0%
Q1 24
3.9%
0.0%
Cash Conversion
NINE
NINE
PBYI
PBYI
Q4 25
Q3 25
1.10×
Q2 25
2.41×
Q1 25
1.21×
Q4 24
Q3 24
0.54×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NINE
NINE

Cement$52.6M40%
Tool Revenue$28.6M22%
Coiled Tubing$25.8M20%
Wireline$25.1M19%

PBYI
PBYI

Segment breakdown not available.

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