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Side-by-side financial comparison of Nine Energy Service, Inc. (NINE) and STONERIDGE INC (SRI). Click either name above to swap in a different company.

STONERIDGE INC is the larger business by last-quarter revenue ($205.2M vs $132.2M, roughly 1.6× Nine Energy Service, Inc.). On growth, STONERIDGE INC posted the faster year-over-year revenue change (-6.0% vs -6.5%). STONERIDGE INC produced more free cash flow last quarter ($2.6M vs $-4.8M). Over the past eight quarters, Nine Energy Service, Inc.'s revenue compounded faster (-3.6% CAGR vs -7.4%).

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.

Stoneridge Inc is a global designer and manufacturer of advanced electrical and electronic components, integrated systems, and sensor solutions. It serves automotive, commercial vehicle, off-highway, and aerospace sectors, delivering products that boost vehicle safety, efficiency, connectivity, and environmental performance across key global markets.

NINE vs SRI — Head-to-Head

Bigger by revenue
SRI
SRI
1.6× larger
SRI
$205.2M
$132.2M
NINE
Growing faster (revenue YoY)
SRI
SRI
+0.5% gap
SRI
-6.0%
-6.5%
NINE
More free cash flow
SRI
SRI
$7.4M more FCF
SRI
$2.6M
$-4.8M
NINE
Faster 2-yr revenue CAGR
NINE
NINE
Annualised
NINE
-3.6%
-7.4%
SRI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NINE
NINE
SRI
SRI
Revenue
$132.2M
$205.2M
Net Profit
$-19.2M
Gross Margin
16.2%
Operating Margin
-4.2%
-14.4%
Net Margin
-14.5%
Revenue YoY
-6.5%
-6.0%
Net Profit YoY
-117.4%
EPS (diluted)
$-0.47
$-2.76

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
SRI
SRI
Q4 25
$132.2M
$205.2M
Q3 25
$132.0M
$210.3M
Q2 25
$147.3M
$228.0M
Q1 25
$150.5M
$217.9M
Q4 24
$141.4M
$218.2M
Q3 24
$138.2M
$213.8M
Q2 24
$132.4M
$237.1M
Q1 24
$142.1M
$239.2M
Net Profit
NINE
NINE
SRI
SRI
Q4 25
$-19.2M
Q3 25
$-14.6M
$-9.4M
Q2 25
$-10.4M
$-9.4M
Q1 25
$-7.1M
$-7.2M
Q4 24
$-8.8M
Q3 24
$-10.1M
$-7.1M
Q2 24
$-14.0M
$2.8M
Q1 24
$-8.1M
$-6.1M
Gross Margin
NINE
NINE
SRI
SRI
Q4 25
16.2%
Q3 25
20.3%
Q2 25
21.5%
Q1 25
21.2%
Q4 24
19.5%
Q3 24
20.8%
Q2 24
22.7%
Q1 24
20.2%
Operating Margin
NINE
NINE
SRI
SRI
Q4 25
-4.2%
-14.4%
Q3 25
-0.9%
-1.6%
Q2 25
2.3%
-1.1%
Q1 25
3.7%
-1.5%
Q4 24
2.5%
-2.0%
Q3 24
1.8%
0.1%
Q2 24
-1.1%
1.4%
Q1 24
3.1%
0.1%
Net Margin
NINE
NINE
SRI
SRI
Q4 25
-14.5%
Q3 25
-11.1%
-4.5%
Q2 25
-7.1%
-4.1%
Q1 25
-4.7%
-3.3%
Q4 24
-6.3%
Q3 24
-7.3%
-3.3%
Q2 24
-10.6%
1.2%
Q1 24
-5.7%
-2.6%
EPS (diluted)
NINE
NINE
SRI
SRI
Q4 25
$-0.47
$-2.76
Q3 25
$-0.35
$-0.34
Q2 25
$-0.25
$-0.34
Q1 25
$-0.18
$-0.26
Q4 24
$-0.21
$-0.22
Q3 24
$-0.26
$-0.26
Q2 24
$-0.40
$0.10
Q1 24
$-0.24
$-0.22

Balance Sheet & Financial Strength

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

Metric
NINE
NINE
SRI
SRI
Cash + ST InvestmentsLiquidity on hand
$18.4M
$66.3M
Total DebtLower is stronger
$180.9M
Stockholders' EquityBook value
$-115.0M
$179.8M
Total Assets
$339.5M
$551.2M
Debt / EquityLower = less leverage
1.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NINE
NINE
SRI
SRI
Q4 25
$18.4M
$66.3M
Q3 25
$14.4M
$54.0M
Q2 25
$14.2M
$49.8M
Q1 25
$17.3M
$79.1M
Q4 24
$27.9M
$71.8M
Q3 24
$15.7M
$54.1M
Q2 24
$26.0M
$42.1M
Q1 24
$10.2M
$48.4M
Total Debt
NINE
NINE
SRI
SRI
Q4 25
$180.9M
Q3 25
Q2 25
Q1 25
Q4 24
$201.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NINE
NINE
SRI
SRI
Q4 25
$-115.0M
$179.8M
Q3 25
$-95.9M
$251.2M
Q2 25
$-81.7M
$260.5M
Q1 25
$-72.1M
$253.1M
Q4 24
$-66.1M
$245.3M
Q3 24
$-57.6M
$271.4M
Q2 24
$-49.7M
$270.5M
Q1 24
$-43.3M
$277.3M
Total Assets
NINE
NINE
SRI
SRI
Q4 25
$339.5M
$551.2M
Q3 25
$340.7M
$632.1M
Q2 25
$361.2M
$639.4M
Q1 25
$359.2M
$657.4M
Q4 24
$360.1M
$621.6M
Q3 24
$353.2M
$662.5M
Q2 24
$381.7M
$666.7M
Q1 24
$380.4M
$675.4M
Debt / Equity
NINE
NINE
SRI
SRI
Q4 25
1.01×
Q3 25
Q2 25
Q1 25
Q4 24
0.82×
Q3 24
Q2 24
Q1 24

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
SRI
SRI
Operating Cash FlowLast quarter
$-2.2M
$8.8M
Free Cash FlowOCF − Capex
$-4.8M
$2.6M
FCF MarginFCF / Revenue
-3.6%
1.3%
Capex IntensityCapex / Revenue
2.0%
3.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-23.3M
$12.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NINE
NINE
SRI
SRI
Q4 25
$-2.2M
$8.8M
Q3 25
$-9.9M
$3.6M
Q2 25
$10.1M
$10.7M
Q1 25
$-5.3M
$10.9M
Q4 24
$15.0M
$19.2M
Q3 24
$-5.8M
$10.8M
Q2 24
$12.9M
$8.7M
Q1 24
$-8.8M
$9.1M
Free Cash Flow
NINE
NINE
SRI
SRI
Q4 25
$-4.8M
$2.6M
Q3 25
$-13.4M
$-2.7M
Q2 25
$4.2M
$7.4M
Q1 25
$-9.3M
$4.8M
Q4 24
$11.8M
$14.0M
Q3 24
$-9.3M
$4.6M
Q2 24
$10.3M
$1.5M
Q1 24
$-14.3M
$3.3M
FCF Margin
NINE
NINE
SRI
SRI
Q4 25
-3.6%
1.3%
Q3 25
-10.2%
-1.3%
Q2 25
2.9%
3.3%
Q1 25
-6.2%
2.2%
Q4 24
8.3%
6.4%
Q3 24
-6.7%
2.2%
Q2 24
7.7%
0.6%
Q1 24
-10.1%
1.4%
Capex Intensity
NINE
NINE
SRI
SRI
Q4 25
2.0%
3.0%
Q3 25
2.6%
3.0%
Q2 25
4.0%
1.4%
Q1 25
2.6%
2.8%
Q4 24
2.3%
2.4%
Q3 24
2.5%
2.9%
Q2 24
2.0%
3.0%
Q1 24
3.9%
2.4%
Cash Conversion
NINE
NINE
SRI
SRI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
3.11×
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%

SRI
SRI

Control Devices$51.7M25%
Electronics$38.0M19%
EE$34.2M17%
SE$28.6M14%
NL$24.5M12%
Stoneridge Brazil$14.1M7%
Asia Pacific$13.1M6%

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