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Companies / Energy / Nine Energy Service, Inc.
NINE

Nine Energy Service, Inc.

EnergyMining
Ticker NINEHOUSTON, TXFiscal year ends DecemberBook value per share $-2.81Diluted shares 40.9M

Nine Energy Service, Inc. (NYSE: NINE) provides completion services, tools and technologies for unconventional oil and natural gas wells, serving integrated and independent exploration and production companies. Its offerings span cementing, completion tools, wireline and coiled tubing services, supporting well… From the company’s description.

In fiscal 2025, Nine Energy Service, Inc. reported revenue of $561.91M, up 1.4% from fiscal 2024, and a net loss of $51.32M. Its operating margin was 0.4%, and operations used $7.31M in cash.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024
Sales & profitability
$561.91MFY2025
+1.4% year over year
0.42%FY2025
−1.2 percentage points
$-51.32MFY2025
−24.9% year over year
44.64%FY2025
−17.5 percentage points
Cash & financing
$-7.31MFY2025
−155.4% year over year
$-23.25MFY2025
−1383.0% year over year
-3.03FY2025
Was -4.86× a year earlier
40.9MFY2025
+10.1% year over year

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure.

What Nine Energy Service, Inc. does

In the company’s own words

Nine Energy Service, Inc. (NYSE: NINE) provides completion services, tools and technologies for unconventional oil and natural gas wells, serving integrated and independent exploration and production companies. Its offerings span cementing, completion tools, wireline and coiled tubing services, supporting well preparation, multistage stimulation and wellbore intervention. Products include composite, hybrid and dissolvable frac plugs, along with other downhole tools and customized cementing slurries. The company operates across major U.S. onshore basins and the Western Canada Sedimentary Basin, and sells completion tools internationally. In 2025, its five largest customers together accounted for approximately 24% of revenue. Nine was formed in 2013 through the combination of three service companies; it reports its business through completion services rather than describing separate reportable segments. At December 31, 2025, it had 1,072 full-time employees and operated a fleet of more than 580 commercial motor vehicles. Its website is https://nineenergyservice.com.

Company details
Sector
Energy
Industry (SIC)
Mining
Headquarters
HOUSTON, TX
Fiscal year end
December
CIK
1532286
SIC
1389

Financial performance, year by year

Fiscal 2018–2025 · USD
$-500.14M$-136.57M$226.99M$590.56M$954.13M20182019202020212022202320242025

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Nine Energy Service, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

12
funds hold it
0 of 35
superinvestors hold it
$29.18M
held by funds, at market
19.5%
of shares held by funds

Largest fund holders · Nine Energy Service, Inc.’s weight in each

—of fund net assets
0.15%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Nine Energy Service, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Nine Energy Service, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Nine Energy Service, Inc.'s last four quarterly filings that the numbers alone won't show?”
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