Nine Energy Service (NINE) Operating Income (2017 - 2026)
Nine Energy Service (NINE) recorded Operating Income of -$3.34 million in Q3 2026, compared with -$1.17 million a year earlier.
Nine Energy Service (NINE) Operating Income (2017 - 2026) Analysis & Trends
On a TTM basis, Nine Energy Service's Operating Income came in at -$12.58 million as of Sep 30, 2026; for FY2025, it was $2.35 million, down 73.7% from FY2024.
- Annual Operating Income has declined for three straight years.
- Across earlier years, Operating Income came in at $8.94 million in FY2024 (-49.1%), $17.57 million in FY2023 (-59.7%), $43.57 million in FY2022 and -$50.02 million in FY2021.
- Quarterly Operating Income has ranged from -$8.14 million in Q4 2021 to $19.76 million in Q3 2022 over the past five years.
- Per Business Quant, the preceding three quarters came in at -$2.89 million (Q2 2026), -$856,000 (Q1 2026) and -$5.49 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 1.14 Bn |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 1.50 Bn |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 624.00 Mn |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 526.60 Mn |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 60.08 Mn |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 142.00 Mn |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 153.00 Mn |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 143.00 Mn |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 81.30 Mn |
| 10 | Nine Energy Service | 101.42 Mn | 38.82 Mn | 20.57 Mn | -3.34 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -3.34 Mn |
| Jun 30, 2026 | -2.89 Mn |
| Mar 31, 2026 | -856,000.00 |
| Dec 31, 2025 | -5.49 Mn |
| Sep 30, 2025 | -1.17 Mn |
| Jun 30, 2025 | 3.38 Mn |
| Mar 31, 2025 | 5.63 Mn |
| Dec 31, 2024 | 3.51 Mn |
| Sep 30, 2024 | 2.45 Mn |
| Jun 30, 2024 | -1.44 Mn |
| Mar 31, 2024 | 4.42 Mn |
| Dec 31, 2023 | 2.19 Mn |
| Sep 30, 2023 | -813,000.00 |
| Jun 30, 2023 | 9.31 Mn |
| Mar 31, 2023 | 6.88 Mn |
| Dec 31, 2022 | 16.31 Mn |
| Sep 30, 2022 | 19.76 Mn |
| Jun 30, 2022 | 6.42 Mn |
| Mar 31, 2022 | 1.08 Mn |
| Dec 31, 2021 | -8.14 Mn |
Nine Energy Service Operating Income 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=operating-income&ticker=NINE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();