Nine Energy Service (NINE) Inventory (2017 - 2026)
Nine Energy Service's Inventory came in at $48.77 million for Q2 2026, down 10.0% from $54.21 million a year earlier and down 3.5% from the prior quarter.
Nine Energy Service (NINE) Inventory (2017 - 2026) Analysis & Trends
At the end of FY2025, Nine Energy Service's Inventory was $56.55 million, up 11.4% from FY2024.
- Inventory carries a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- Going back by year, Inventory was $50.78 million in FY2024 (-6.8%), $54.49 million in FY2023 (-12.2%), $62.05 million in FY2022 (+47.1%) and $42.18 million in FY2021 (+9.8%).
- The Q2 2026 figure represents the lowest quarterly Inventory since Q1 2022.
- Year-over-year, Inventory increased in two of the last eight quarters, with an average decline of 3.5%.
- The fastest year-over-year change in Inventory over five years came in Q4 2022 (growth of 47.1%), and the weakest in Q3 2021 (a decline of 18.3%).
- Business Quant data shows NINE's Inventory at $50.55 million (Q1 2026), $56.55 million (Q4 2025) and $56.81 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 5.44 Bn |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | 4.96 Bn |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | 1.24 Bn |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | 3.06 Bn |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | 1.95 Bn |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn | 379.00 Mn |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn | 811.00 Mn |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn | 107.09 Mn |
| 10 | Nine Energy Service | 105.60 Mn | 44.65 Mn | 25.94 Mn | 48.77 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.77 Mn |
| Mar 31, 2026 | 50.55 Mn |
| Dec 31, 2025 | 56.55 Mn |
| Sep 30, 2025 | 56.81 Mn |
| Jun 30, 2025 | 54.21 Mn |
| Mar 31, 2025 | 51.19 Mn |
| Dec 31, 2024 | 50.78 Mn |
| Sep 30, 2024 | 55.83 Mn |
| Jun 30, 2024 | 59.71 Mn |
| Mar 31, 2024 | 56.34 Mn |
| Dec 31, 2023 | 54.49 Mn |
| Sep 30, 2023 | 58.66 Mn |
| Jun 30, 2023 | 63.36 Mn |
| Mar 31, 2023 | 67.03 Mn |
| Dec 31, 2022 | 62.05 Mn |
| Sep 30, 2022 | 52.96 Mn |
| Jun 30, 2022 | 48.95 Mn |
| Mar 31, 2022 | 45.96 Mn |
| Dec 31, 2021 | 42.18 Mn |
| Sep 30, 2021 | 43.02 Mn |
Nine Energy Service Inventory 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=inventory&ticker=NINE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();