Provides completion services for oil and gas wells.
Dec 2025Revenue $562M/yrExpenses $560M/yr
Reached break-even Jul 2022
Figures by year
When did Nine Energy Service become profitable?
Its revenue passed its expenses in Jul 2022. In the 12 months to Dec 2025, revenue was $562M and expenses $560M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $562M | $560M | $2.35M |
| Dec 2024 | $554M | $545M | $8.94M |
| Dec 2023 | $610M | $592M | $17.6M |
| Dec 2022 | $593M | $550M | $43.6M |
| Dec 2021 | $349M | $399M | −$50.0M |
| Dec 2020 | $311M | $694M | −$383M |
| Dec 2019 | $833M | $1.02B | −$183M |
| Dec 2018 | $827M | $855M | −$28.3M |
| Dec 2017 | $544M | $601M | −$57.0M |
| Dec 2016 | $282M | $365M | −$83.0M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.