How Did Nine Energy Service (NYSEAM:NINE) Report $142 Million in Third-Quarter Revenue?

Sonal Goyal

10 November 2026 06:56 PM AEDT

How Did Nine Energy Service (NYSEAM:NINE) Report $142 Million in Third-Quarter Revenue?

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Key Highlights

Revenue was $142.0 million for the third quarter of 2026.
The company reported a net loss for the quarter.
Adjusted EBITDA was $8.3 million for the quarter.
Total Liquidity was $46.0 million as of September 30, 2026.

Nine Energy Service, Inc. (NYSE American:NINE) reported third-quarter 2026 Revenue of $142.0 million, a net loss, and adjusted EBITDA of $8.3 million. Total liquidity was $46.0 million as of September 30, 2026. Cementing revenue increased 11% quarter over quarter.

Revenue

Revenue for the third quarter of 2026 was $142.0 million. The company's cementing business, which provides well cementing services to oil and gas operators, recorded an 11% quarter-over-quarter increase in revenue. The company's revenue is reported in its consolidated results, which include other service lines alongside cementing.

The company's revenue figure is the total reported for the quarter ended September 30, 2026, across all of its service lines and regions.

Net Loss and Adjusted EBITDA

Nine Energy Service reported a net loss for the third quarter. The net loss figure is set out in the company's consolidated statements of operations. Adjusted EBITDA for the quarter was $8.3 million. Adjusted EBITDA is a non-GAAP measure that excludes depreciation, interest, taxes and certain other items.

The difference between the net loss and adjusted EBITDA is accounted for by the items excluded from the adjusted measure, which are reconciled in the company's results.

Liquidity

Total liquidity was $46.0 million as of September 30, 2026. Total liquidity is the sum of cash on hand and available borrowing capacity under the company's Credit facilities. The company's credit arrangements and their terms are described in its filings.

The liquidity figure is a point-in-time measure, and it changes with operating cash flow, Capital spending and borrowings during each period.

Final Word

Nine Energy Service reported third-quarter 2026 revenue of $142.0 million, cementing revenue growth of 11%, a net loss, adjusted EBITDA of $8.3 million and total liquidity of $46.0 million as of September 30, 2026.

FAQs

Q: What was Nine Energy Service's third-quarter 2026 revenue?

A: Revenue was $142.0 million for the quarter.

Q: How much was adjusted EBITDA?

A: Adjusted EBITDA was $8.3 million for the quarter.

Q: How much liquidity did the company report?

A: Total liquidity was $46.0 million as of September 30, 2026.

Q: How much did cementing revenue increase?

A: Cementing revenue increased 11% in the quarter.

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