Nine Energy Service (NINE) Accumulated Expenses (2017 - 2026)
Nine Energy Service's Accumulated Expenses was $13.93 million in Q2 2026, down 60.9% from $35.65 million a year earlier and down 41.1% from the prior quarter.
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Analysis
Nine Energy Service (NINE) Accumulated Expenses (2017 - 2026) Analysis & Trends
At the end of FY2025, Accumulated Expenses at Nine Energy Service came in at $27.76 million, down 9.5% from FY2024.
- Accumulated Expenses shows a five-year compound annual growth rate of 10.1% (FY2020 to FY2025).
- In earlier years, Accumulated Expenses was $30.68 million in FY2024 (-15.2%), $36.17 million in FY2023 (+27.4%), $28.39 million in FY2022 (+53.3%) and $18.52 million in FY2021 (+8.1%).
- The Q2 2026 figure marks the lowest quarterly Accumulated Expenses in data going back to Q4 2017.
- Compared with a year earlier, Accumulated Expenses has declined for three straight quarters, with an average decline of 9.7% over the last eight quarters.
- The best year-over-year quarter for Accumulated Expenses over five years was Q2 2023 (growth of 56.2%); the worst was Q2 2026 (a decline of 60.9%).
- Per Business Quant data, NINE's Accumulated Expenses in the three quarters before Q2 2026 was $23.66 million (Q1 2026), $27.76 million (Q4 2025) and $23.33 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn |
| 10 | Nine Energy Service | 105.60 Mn | 44.65 Mn | 25.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.93 Mn |
| Mar 31, 2026 | 23.66 Mn |
| Dec 31, 2025 | 27.76 Mn |
| Sep 30, 2025 | 23.33 Mn |
| Jun 30, 2025 | 35.65 Mn |
| Mar 31, 2025 | 25.16 Mn |
| Dec 31, 2024 | 30.68 Mn |
| Sep 30, 2024 | 23.07 Mn |
| Jun 30, 2024 | 32.39 Mn |
| Mar 31, 2024 | 22.80 Mn |
| Dec 31, 2023 | 36.17 Mn |
| Sep 30, 2023 | 24.86 Mn |
| Jun 30, 2023 | 35.91 Mn |
| Mar 31, 2023 | 25.27 Mn |
| Dec 31, 2022 | 28.39 Mn |
| Sep 30, 2022 | 29.37 Mn |
| Jun 30, 2022 | 22.98 Mn |
| Mar 31, 2022 | 29.61 Mn |
| Dec 31, 2021 | 18.52 Mn |
| Sep 30, 2021 | 29.46 Mn |
API Access
Nine Energy Service Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NINE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "NINE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();