Nine Energy Service (NINE) Intangibles (2017 - 2026)
Nine Energy Service's Intangibles was $8.9 million in Q2 2026, down 87.9% from $73.65 million a year earlier and down 2.3% from the prior quarter.
Nine Energy Service (NINE) Intangibles (2017 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at Nine Energy Service came in at $68.06 million, down 14.1% from FY2024.
- Intangibles has now declined for seven consecutive years, with a five-year compound annual growth rate of -12.5% (FY2020 to FY2025).
- In earlier years, Intangibles was $79.25 million in FY2024 (-12.4%), $90.43 million in FY2023 (-11.3%), $101.95 million in FY2022 (-12.4%) and $116.41 million in FY2021 (-12.2%).
- The Q2 2026 figure marks the lowest quarterly Intangibles in data going back to Q4 2017.
- Compared with a year earlier, Intangibles has declined for 27 straight quarters, with an average decline of 31.8% over the last eight quarters.
- Over the past five years, the year-over-year decline in Intangibles ranged from 11.3% (Q4 2023) to 88.1% (Q1 2026).
- Per Business Quant data, NINE's Intangibles in the three quarters before Q2 2026 was $9.1 million (Q1 2026), $68.06 million (Q4 2025) and $70.86 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 4.88 Bn |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | 4.00 Bn |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | 381.10 Mn |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | - |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | 438.00 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 | 265.00 Mn |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn | 189.43 Mn |
| 10 | Nine Energy Service | 105.60 Mn | 44.65 Mn | 25.94 Mn | 8.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.90 Mn |
| Mar 31, 2026 | 9.10 Mn |
| Dec 31, 2025 | 68.06 Mn |
| Sep 30, 2025 | 70.86 Mn |
| Jun 30, 2025 | 73.65 Mn |
| Mar 31, 2025 | 76.45 Mn |
| Dec 31, 2024 | 79.25 Mn |
| Sep 30, 2024 | 82.04 Mn |
| Jun 30, 2024 | 84.84 Mn |
| Mar 31, 2024 | 87.63 Mn |
| Dec 31, 2023 | 90.43 Mn |
| Sep 30, 2023 | 93.26 Mn |
| Jun 30, 2023 | 96.15 Mn |
| Mar 31, 2023 | 99.05 Mn |
| Dec 31, 2022 | 101.95 Mn |
| Sep 30, 2022 | 105.84 Mn |
| Jun 30, 2022 | 108.74 Mn |
| Mar 31, 2022 | 112.50 Mn |
| Dec 31, 2021 | 116.41 Mn |
| Sep 30, 2021 | 120.31 Mn |
Nine Energy Service Intangibles 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=intangibles&ticker=NINE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();