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How Nine Energy Service (NINE) makes money
Nine Energy Service (NINE) made $142M of revenue in the second quarter 2026 (Q2 2026), -4% from a year earlier. Service brought in $105M (74%); Product brought in $37.1M (26%).
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Service | $105M | 73.8% | — | -5% |
| ↳ Cement | $55.3M | 39.0% | — | +6% |
| ↳ Coiled tubing | $26.4M | 18.6% | — | +5% |
| ↳ Wireline | $23.0M | 16.2% | — | -30% |
| Product | $37.1M | 26.2% | — | +0.2% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $142M | 100.0% |
| Income tax | $384K | 0.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $142M | -4% |
| Q4 2025 | $132M | -6% |
| Q3 2025 | $132M | -4% |
| Q2 2025 | $147M | +11% |
| Q1 2025 | $150M | +6% |
| Q4 2024 | $141M | -2% |
From Nine Energy Service's 10-Q filed Aug 5, 2026 (on EDGAR).
Questions
How does Nine Energy Service make money?
Nine Energy Service (NINE) made $142M of revenue in the second quarter 2026 (Q2 2026), -4% from a year earlier. Service brought in $105M (74%); Product brought in $37.1M (26%).
What is Nine Energy Service's biggest business?
Service: $105M in the second quarter 2026, 74% of revenue, -5% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.