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Nine Energy Service (NINE) Revenue & Revenue Breakdown

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Nine Energy Service Revenue Highlights

Latest Revenue (Y)

$609.53M

0

Main Segment (Y)

Cement

Main Geography (Y)

UNITED STATES

Nine Energy Service Revenue by Period

Nine Energy Service Revenue by Year

DateRevenueChange
2023-12-31$609.53M2.72%
2022-12-31$593.38M69.82%
2021-12-31$349.42M12.41%
2020-12-31$310.85M-62.68%
2019-12-31$832.94M0.70%
2018-12-31$827.17M52.15%
2017-12-31$543.66M92.55%
2016-12-31$282.35M-40.99%
2015-12-31$478.52M-27.85%
2014-12-31$663.19M-

Nine Energy Service generated $609.53M in revenue during NA 2023, up 2.72% compared to the previous quarter, and up 73.69% compared to the same period a year ago.

Nine Energy Service Revenue by Quarter

DateRevenueChange
2024-09-30--100.00%
2024-06-30$132.40M-6.84%
2024-03-31$142.12M-1.36%
2023-12-31$144.07M2.46%
2023-09-30$140.62M-12.89%
2023-06-30$161.43M-1.21%
2023-03-31$163.41M-1.96%
2022-12-31$166.67M-0.46%
2022-09-30$167.43M17.62%
2022-06-30$142.35M21.73%
2022-03-31$116.94M11.27%
2021-12-31$105.09M13.16%
2021-09-30$92.87M9.47%
2021-06-30$84.83M27.33%
2021-03-31$66.63M7.51%
2020-12-31$61.97M25.14%
2020-09-30$49.52M-6.09%
2020-06-30$52.73M-64.03%
2020-03-31$146.62M-10.27%
2019-12-31$163.41M-19.23%
2019-09-30$202.31M-14.83%
2019-06-30$237.52M3.40%
2019-03-31$229.71M0.11%
2018-12-31$229.45M5.05%
2018-09-30$218.43M6.29%
2018-06-30$205.49M18.23%
2018-03-31$173.81M12.66%
2017-12-31$154.28M4.13%
2017-09-30$148.17M9.06%
2017-06-30$135.86M28.96%
2017-03-31$105.35M31.71%
2016-12-31$79.99M8.68%
2016-09-30$73.59M-

Nine Energy Service generated - in revenue during Q3 2024, up -100.00% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Nine Energy Service Revenue Breakdown

Nine Energy Service Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Cement$224.76M$229.41M$114.18M--
Tools$145.29M$138.02M$100.80M--
Wireline$116.92M$107.35M$72.44M--
Coiled Tubing$122.55M$118.60M$62.00M--
Completion Solutions---$310.85M$774.66M
Production Solutions----$58.27M

Nine Energy Service's latest annual revenue breakdown by segment (product or service), as of Dec 23: Cement (36.87%), Tools (23.84%), Coiled Tubing (20.11%), and Wireline (19.18%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Service Revenue$106.74M-------------------
Coiled Tubing$27.65M$30.72M$27.67M$27.87M$33.49M$33.53M$33.42M$27.66M$21.58M-----------
Cement$51.19M$48.29M$52.31M$51.87M$58.12M$62.46M$63.90M$55.23M$45.24M-----------
Tool Revenue$31.41M-------------------
Tools$31.41M$35.23M$36.09M$32.56M$38.85M$37.79M$40.80M$33.13M$28.71M-----------
Wireline$27.91M$27.89M$28.00M$28.32M$30.96M$29.63M$29.31M$26.33M$21.40M-----------
Completion Solutions---------$92.87M$84.83M$66.63M$49.52M$52.73M$146.62M$163.41M$186.25M$215.87M$209.13M-
Product------------$17.96M-------
Service------------$44.01M-------
Production Solutions-----------------$16.05M$21.65M$20.57M

Nine Energy Service's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Service Revenue (38.63%), Cement (18.52%), Tool Revenue (11.37%), Tools (11.37%), Wireline (10.10%), and Coiled Tubing (10.01%).

Nine Energy Service Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
UNITED STATES$602.34M$591.61M$347.44M$309.21M$814.64M
Canada And Other$7.18M----
CANADA-$1.77M$1.97M--
Non-US---$1.65M$18.30M

Nine Energy Service's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (98.82%), and Canada And Other (1.18%).

Quarterly Revenue by Country

CountryJun 18Mar 18
UNITED STATES$197.43M$166.71M
CANADA$8.06M$7.10M

Nine Energy Service's latest quarterly revenue breakdown by geography, as of Jun 18: UNITED STATES (96.08%), and CANADA (3.92%).

Nine Energy Service Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
LBRTLiberty Energy$4.75B$1.14B
CHXChampionX$3.76B$906.53M
EFXTEnerflex$3.16B$860.40M
ACDCProFrac$2.63B$575.30M
HLXHelix Energy Solutions Group$1.29B$342.42M
WHDCactus$1.10B$293.18M
NRNewpark Resources$749.60M$-188.15M
NINENine Energy Service$609.53M-
GEOSGeospace$135.60M$25.86M
PFIEProfire Energy$58.21M$15.16M

NINE Revenue FAQ

What is Nine Energy Service’s yearly revenue?

Nine Energy Service's yearly revenue for 2023 was $609.53M, representing an increase of 2.72% compared to 2022. The company's yearly revenue for 2022 was $593.38M, representing an increase of 69.82% compared to 2021. NINE's yearly revenue for 2021 was $349.42M, representing an increase of 12.41% compared to 2020.

What is Nine Energy Service’s quarterly revenue?

Nine Energy Service's quarterly revenue for Q3 2024 was $0, a -100.00% decrease from the previous quarter (Q2 2024), and a -100.00% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $132.4M, a -6.84% decrease from the previous quarter (Q1 2024), and a -17.98% decrease year-over-year (Q2 2023). NINE's quarterly revenue for Q1 2024 was $142.12M, a -1.36% decrease from the previous quarter (Q4 2023), and a -13.03% decrease year-over-year (Q1 2023).

What is Nine Energy Service’s revenue growth rate?

Nine Energy Service's revenue growth rate for the last 3 years (2021-2023) was 74.44%, and for the last 5 years (2019-2023) was -26.82%.

What are Nine Energy Service’s revenue streams?

Nine Energy Service's revenue streams in c 23 are Cement, Tools, Wireline, and Coiled Tubing. Cement generated $224.76M in revenue, accounting 36.87% of the company's total revenue, down -2.03% year-over-year. Tools generated $145.29M in revenue, accounting 23.84% of the company's total revenue, up 5.27% year-over-year. Wireline generated $116.92M in revenue, accounting 19.18% of the company's total revenue, up 8.91% year-over-year. Coiled Tubing generated $122.55M in revenue, accounting 20.11% of the company's total revenue, up 3.33% year-over-year.

What is Nine Energy Service’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Nine Energy Service was Cement. This segment made a revenue of $224.76M, representing 36.87% of the company's total revenue.