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Nine Energy Service (NINE) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

Nine Energy Service (NINE) reported revenue of $142M for the second quarter 2026 (Q2 2026), -4% from a year earlier. Operating margin was -2.0%, net loss $4.9M (3.4% of revenue).

Revenue$142M
Year over year-4%
Quarter over quarter—
Operating margin-2.0%
Net earnings−$4.9M

Nine Energy Service, Q2 2026: revenue $142M (-4% year over year), operating margin -2.0%, net loss $4.9M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$142M—-4%
Operating profit−$2.9M—-186%
Net earnings−$4.9M——

What changed

Revenue was $141.8M in Q2 2026, down 4% year over year. Cement was the largest line at 39% of revenue. Wireline lost $10.0M year over year (down 30%), 184% of the total change.

Operating costs exceeded revenue by $2.9M, an operating margin of -2.0%. Total costs grew 1% against a revenue fall of 4%. The fastest-growing cost line was General & admin (+13%). The quarter ended with a net loss of $4.9M.

Questions

What was Nine Energy Service's revenue in the second quarter 2026?

Nine Energy Service (NINE) reported revenue of $142M for the second quarter 2026 (Q2 2026), -4% from a year earlier.

Was Nine Energy Service profitable in the second quarter 2026?

Operating loss was $2.9M (-2.0% of revenue) and net loss $4.9M.

Open the interactive Sankey →

Source: Nine Energy Service 10-Q on SEC EDGAR.