Filing Flows › Nine Energy Service (NINE) › Q3 2026
Nine Energy Service (NINE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Nine Energy Service (NINE) reported revenue of $142M for the third quarter 2026 (Q3 2026), +8% from a year earlier and +0.1% from the quarter before. Operating margin was -2.4%, net loss $5.1M (3.6% of revenue).
Nine Energy Service, Q3 2026: revenue $142M (+8% year over year), operating margin -2.4%, net loss $5.1M, operating cash flow $4.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $142M | +0.1% | +8% |
| Operating profit | −$3.3M | — | — |
| Net earnings | −$5.1M | — | — |
| Operating cash flow | $4.7M | — | — |
| Free cash flow | $755K | — | — |
What changed
Revenue was $142.0M in Q3 2026, up 8% year over year and roughly flat from the previous quarter. Cement was the largest line at 43% of revenue. Cement added $11.9M year over year (up 24%), 119% of the total change. Wireline declined 11%.
Operating costs exceeded revenue by $3.3M, an operating margin of -2.4%. Total costs grew 9% against revenue growth of 8%. The fastest-growing cost line was General & admin (+29%). The quarter ended with a net loss of $5.1M, wider than the previous quarter's $4.9M loss.
Operating cash flow was $4.7M. Non-cash charges added back $7.4M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $1.1M. Capital expenditures of $4.0M left free cash flow of $755K.
Questions
What was Nine Energy Service's revenue in the third quarter 2026?
Nine Energy Service (NINE) reported revenue of $142M for the third quarter 2026 (Q3 2026), +8% from a year earlier and +0.1% from the quarter before.
Was Nine Energy Service profitable in the third quarter 2026?
Operating loss was $3.3M (-2.4% of revenue) and net loss $5.1M.