Nine Energy Service, Inc. Income Statement
NINE|8 years of annual SEC 10-K data (FY2018-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 8 fiscal years. All figures from audited SEC 10-K filings.
Nine Energy Service, Inc. reported $562M in revenue and $51M in net loss for FY2025. Revenue has declined at a 5.4% compound annual rate over the past 7 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -0.56 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $561.9M | $609.5M | $593.4M | $349.4M | $310.9M | $310.9M | $543.7M | $827.2M |
| Cost of Revenue | - | - | - | - | - | $302.2M | $448.5M | $639.3M |
| Gross Profit | - | - | - | - | - | $8.7M | $95.2M | $187.9M |
| SG&A Expense | $59.7M | $59.8M | $51.7M | $45.3M | $49.3M | $49.3M | $49.5M | $73.1M |
| Operating Income | $2.3M | $17.6M | $43.6M | -$50.0M | -$383.2M | -$383.2M | -$57.0M | -$28.3M |
| Interest Expense | - | - | $32.5M | -$32.5M | -$36.8M | $36.8M | $15.7M | $22.3M |
| Income Tax | -$171.0K | $585.0K | $546.0K | -$25.0K | -$2.5M | -$2.5M | -$5.0M | $2.4M |
| Net Income | -$51.3M | -$32.2M | $14.4M | -$64.6M | -$378.9M | -$378.9M | -$67.7M | -$53.0M |
| EPS (Basic) | -$1.11 | -$0.97 | $0.47 | -$2.13 | -$12.74 | -$7.43 | -$4.55 | -$5.34 |
| EPS (Diluted) | -$1.11 | -$0.97 | $0.45 | -$2.13 | -$12.74 | -$7.43 | -$4.55 | -$5.34 |
| Shares Outstanding | 42.3M | 35.3M | 33.2M | 32.8M | 31.6M | 30.6M | 30.2M | 15.8M |
| Gross Margin | - | - | - | - | - | 2.8% | 17.5% | 22.7% |
| Operating Margin | 0.4% | 2.9% | 7.3% | -14.3% | -123.3% | -123.3% | -10.5% | -3.4% |
| Profit Margin | -9.1% | -5.3% | 2.4% | -18.5% | -121.9% | -121.9% | -12.4% | -6.4% |