Nine Energy Service (NINE) Interest Expenses (2017 - 2026)
Nine Energy Service's Interest Expenses came in at $2.42 million for Q2 2026, down 83.6% from $14.73 million a year earlier.
Nine Energy Service (NINE) Interest Expenses (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nine Energy Service reported Interest Expenses of $44.75 million, down 16.1% year-over-year; for FY2025, it was $55.21 million, up 7.6% from FY2024.
- Interest Expenses has increased in each of the last three years, with a three-year compound annual growth rate of 19.3% (FY2022 to FY2025).
- Going back by year, Interest Expenses was $51.32 million in FY2024 (+0.4%), $51.12 million in FY2023 (+57.4%) and $32.49 million in FY2022.
- The Q2 2026 figure represents the lowest quarterly Interest Expenses since Q3 2018.
- Year-over-year, Interest Expenses increased in six of the last seven quarters, with an average decline of 7.5%.
- The fastest year-over-year change in Interest Expenses over five years came in Q2 2023 (growth of 59.8%), and the weakest in Q2 2026 (a decline of 83.6%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 128.00 Mn |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | - |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | 10.70 Mn |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | - |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | 21.00 Mn |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn | 36.20 Mn |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn | -20.00 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 | 2.42 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.42 Mn |
| Dec 31, 2025 | 13.89 Mn |
| Sep 30, 2025 | 13.71 Mn |
| Jun 30, 2025 | 14.73 Mn |
| Mar 31, 2025 | 12.88 Mn |
| Dec 31, 2024 | 12.87 Mn |
| Sep 30, 2024 | 12.88 Mn |
| Jun 30, 2024 | 12.78 Mn |
| Mar 31, 2024 | 12.79 Mn |
| Dec 31, 2023 | 12.81 Mn |
| Sep 30, 2023 | 12.86 Mn |
| Jun 30, 2023 | 12.99 Mn |
| Mar 31, 2023 | 12.45 Mn |
| Dec 31, 2022 | 8.15 Mn |
| Sep 30, 2022 | 8.13 Mn |
| Jun 30, 2022 | 8.13 Mn |
| Mar 31, 2022 | 8.08 Mn |
| Sep 30, 2021 | 7.97 Mn |
| Jun 30, 2021 | 7.98 Mn |
| Mar 31, 2021 | 8.59 Mn |
Nine Energy Service Interest 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=interest-expenses&ticker=NINE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-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=interest-expenses&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();