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Nine Energy Service (NINE) Revenue & Revenue Breakdown

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Nine Energy Service Revenue Highlights

Latest Revenue (Y)

$554.10M

0

Main Segment (Y)

Service Revenue

Main Geography (Y)

UNITED STATES

Nine Energy Service Revenue by Period

Nine Energy Service Revenue by Year

DateRevenueChange
2024-12-31$554.10M-9.09%
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$478.52M12.36%
2014-12-31$425.87M-

Nine Energy Service generated $554.10M in revenue during NA 2024, up -9.09% compared to the previous quarter, and up 66.52% 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 24Dec 23Dec 22Dec 21Dec 20
Tool Revenue$132.37M----
Wireline$111.34M$116.92M$107.35M$72.44M-
Tools$132.37M$145.29M$138.02M$100.80M-
Cement$200.03M$224.76M$229.41M$114.18M-
Coiled Tubing$110.37M$122.55M$118.60M$62.00M-
Service Revenue$421.74M----
Completion Solutions----$310.85M

Nine Energy Service's latest annual revenue breakdown by segment (product or service), as of Dec 24: Service Revenue (38.06%), Cement (18.05%), Tool Revenue (11.94%), Tools (11.94%), Wireline (10.05%), and Coiled Tubing (9.96%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Coiled Tubing$52.00M$27.65M$30.72M$27.67M$27.87M$33.49M$33.53M$33.42M$27.66M$21.58M----------
Service Revenue$314.99M$106.74M------------------
Tool Revenue$100.95M$31.41M------------------
Tools$65.73M$31.41M$35.23M$36.09M$32.56M$38.85M$37.79M$40.80M$33.13M$28.71M----------
Wireline$55.55M$27.91M$27.89M$28.00M$28.32M$30.96M$29.63M$29.31M$26.33M$21.40M----------
Cement$100.55M$51.19M$48.29M$52.31M$51.87M$58.12M$62.46M$63.90M$55.23M$45.24M----------
Completion Solutions----------$92.87M$84.83M$66.63M$49.52M$52.73M$146.62M$163.41M$186.25M$215.87M-
Service-------------$44.01M------
Product-------------$17.96M------
Production Solutions------------------$16.05M$21.65M

Nine Energy Service's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Service Revenue (45.67%), Tool Revenue (14.64%), Cement (14.58%), Tools (9.53%), Wireline (8.05%), and Coiled Tubing (7.54%).

Nine Energy Service Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22Dec 21Dec 20
UNITED STATES$545.26M$602.34M$591.61M$347.44M$309.21M
Non-US$8.84M$1.65M---
Canada And Other-$7.18M---
CANADA--$1.77M$1.97M-

Nine Energy Service's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (98.40%), and Non-US (1.60%).

Quarterly Revenue by Country

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

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$4.32B$1.14B
CHXChampionX$3.63B$906.53M
EFXTEnerflex$3.16B$860.40M
ACDCProFrac$2.19B$575.30M
HLXHelix Energy Solutions Group$1.36B$342.42M
WHDCactus$1.13B$293.18M
NINENine Energy Service$554.10M-
GEOSGeospace$135.60M$37.22M

NINE Revenue FAQ

What is Nine Energy Service’s yearly revenue?

Nine Energy Service's yearly revenue for 2024 was $554.1M, representing a decrease of -9.09% compared to 2023. The company's yearly revenue for 2023 was $609.53M, representing an increase of 2.72% compared to 2022. NINE's yearly revenue for 2022 was $593.38M, representing an increase of 69.82% compared to 2021.

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 (2022-2024) was -6.62%, and for the last 5 years (2020-2024) was 78.25%.

What are Nine Energy Service’s revenue streams?

Nine Energy Service's revenue streams in c 24 are Tool Revenue, Wireline, Tools, Cement, Coiled Tubing, and Service Revenue. Tool Revenue generated $132.37M in revenue, accounting 11.94% of the company's total revenue Wireline generated $111.34M in revenue, accounting 10.05% of the company's total revenue, down -4.77% year-over-year. Tools generated $132.37M in revenue, accounting 11.94% of the company's total revenue, down -8.90% year-over-year. Cement generated $200.03M in revenue, accounting 18.05% of the company's total revenue, down -11.00% year-over-year. Coiled Tubing generated $110.37M in revenue, accounting 9.96% of the company's total revenue, down -9.94% year-over-year. Service Revenue generated $421.74M in revenue, accounting 38.06% of the company's total revenue

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

For the fiscal year ending Dec 24, the largest source of revenue of Nine Energy Service was Service Revenue. This segment made a revenue of $421.74M, representing 38.06% of the company's total revenue.