Filing Flows › Nine Energy Service (NINE) › Q4 2025 › vs Q3 2025
Nine Energy Service (NINE) Q4 2025 vs Q3 2025 (quarter over quarter)
Nine Energy Service's revenue rose $138K (+0.1%) from $132M in Q3 2025 to $132M in Q4 2025. The biggest changes: Service +$2.7M (+3%); Product −$2.5M (-8%).
Nine Energy Service, Q4 2025: revenue $132M (-6% year over year), operating margin -4.2%, net loss $19.2M, operating cash flow −$2.2M. The chart draws each line against Q3 2025, the increases inside each band.
Every line
| Line | Q4 2025 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Cement | $52.6M | $49.3M | $3.3M | +7% |
| Coiled tubing | $25.8M | $23.4M | $2.4M | +10% |
| Wireline | $25.1M | $28.2M | −$3.1M | -11% |
| Service | $104M | $101M | $2.7M | +3% |
| Product | $28.6M | $31.2M | −$2.5M | -8% |
| Revenue | $132M | $132M | $138K | +0.1% |
| Net loss | $19.2M | $14.6M | $4.6M | +31% |
| Costs & expenses | $151M | $147M | $4.7M | +3% |
| Operating costs | $138M | $133M | $4.5M | +3% |
| Interest & other, net | $13.6M | $13.4M | $189K | +1% |
| Income tax | $115K | $53K | $62K | +117% |
| General & admin | $19.9M | $12.8M | $7.1M | +56% |
| Other operating costs | $118M | $120M | −$2.6M | -2% |
| Operating cash sources | $19.2M | $14.6M | $4.6M | +31% |
| Depreciation & amortization | $8.6M | $8.6M | $55K | +0.6% |
| Share-based compensation | $455K | $467K | −$12K | -3% |
| Working capital & other | $8.0M | −$4.3M | $12.3M | — |
| Cash used in operations | $2.2M | $9.9M | −$7.8M | -78% |
| Net loss absorbed | $19.2M | $14.6M | $4.6M | +31% |
Questions
How much did Nine Energy Service's revenue grow quarter over quarter in Q4 2025?
Nine Energy Service's revenue rose $138K (+0.1%) from $132M in Q3 2025 to $132M in Q4 2025.
What drove Nine Energy Service's revenue change in Q4 2025?
Service +$2.7M (+3%); Product −$2.5M (-8%).