Nine Energy Service, Inc. (NINE) Revenue History
Annual and quarterly revenue from 2015 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
NINE Revenue Growth
Revenue Breakdown (FY 2025)
NINE's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
NINE Revenue Analysis (2015–2025)
As of May 8, 2026, Nine Energy Service, Inc. (NINE) generated trailing twelve-month (TTM) revenue of $571.2 million, reflecting slight decline in growth of -4.4% year-over-year. The most recent quarter (Q3 2025) recorded $132.0 million in revenue, down 10.3% sequentially.
Looking at the longer-term picture, NINE's historical revenue data shows various trends over time. The company achieved its highest annual revenue of $832.9 million in 2019.
Revenue diversification analysis shows NINE's business is primarily driven by Service Revenue (38%), Cement (19%), and Tool Revenue (12%).
When compared to Energy sector peers including PUMP (-15.6% YoY), ACDC (-11.4% YoY), and WTTR (-4.2% YoY), NINE has underperformed the peer group in terms of revenue growth. Compare NINE vs PUMP →
NINE Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NINECurrent | $571M | -4.4% | - | - | |
 PUMP | $1.3B | -15.6% | +10.0% | 1.5% | |
 ACDC | $1.9B | -11.4% | +28.8% | -6.9% | |
 WTTR | $1.4B | -4.2% | +18.4% | 2.5% | |
 KLXE | $637M | -10.3% | +18.1% | -4.8% | |
 SLB | $35.7B | -1.6% | +8.6% | 15.3% |
NINE Historical Revenue Data (2015–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $0 | -100.0% | $0 | - | $2.3M | - |
| 2024 | $554.1M | -9.1% | $60.6M | 10.9% | $8.9M | 1.6% |
| 2023 | $609.5M | +2.7% | $78.1M | 12.8% | $17.6M | 2.9% |
| 2022 | $593.4M | +69.8% | $96.0M | 16.2% | $43.6M | 7.3% |
| 2021 | $349.4M | +12.4% | $-3,594,000 | -1.0% | $-50,015,000 | -14.3% |
| 2020 | $310.9M | -62.7% | $-40,204,000 | -12.9% | $-383,165,000 | -123.3% |
| 2019 | $832.9M | +0.7% | $94.0M | 11.3% | $-182,728,000 | -21.9% |
| 2018 | $827.2M | +52.1% | $124.1M | 15.0% | $-28,293,000 | -3.4% |
| 2017 | $543.7M | +92.5% | $33.0M | 6.1% | $-56,966,000 | -10.5% |
| 2016 | $282.4M | -41.0% | $-28,098,000 | -10.0% | $-83,012,000 | -29.4% |
See NINE's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs NINE Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare NINE vs SOC
Side-by-side business, growth, and profitability comparison vs Sable Offshore Corp..
Start ComparisonNINE — Frequently Asked Questions
Quick answers to the most common questions about buying NINE stock.
Is NINE's revenue growth accelerating or slowing?
NINE revenue growth slowed to -4.4%, below the 5-year CAGR of N/A. TTM revenue is $571M. The deceleration marks a shift from historical growth rates.
What is NINE's long-term revenue growth rate?
Nine Energy Service, Inc.'s 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of -4.4% is near this long-term average.
How is NINE's revenue distributed by segment?
NINE reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2025 are available for download. Segment mix reveals concentration and diversification trends.