Cement was Nine Energy Service’s largest product and service line in fiscal 2025, bringing in $211.28M of $823.31M (26%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Service | — | — | — | — | |||||
| Cement | $229.41M | $224.76M | $200.03M | $211.28M | |||||
| Product Revenues | — | $145.29M | $132.37M | $130.70M | |||||
| Tools | $138.02M | $145.29M | $132.37M | $130.70M | |||||
| Product | $138.02M | $145.29M | $132.37M | $130.70M | |||||
| Wireline | $107.35M | $116.92M | $111.34M | $115.81M | |||||
| Coiled Tubing | $118.60M | $122.55M | $110.37M | $104.11M | |||||
| Well Service | — | — | — | — | |||||
| Total | $731.40M | $900.11M | $818.84M | $823.31M |
Nine Energy Service brought in $823.31M from its six product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 0.5% from $818.84M in fiscal 2024. Cement was the largest at $211.28M (25.7%), ahead of Product Revenues at $130.70M (15.9%) and Tools at $130.70M (15.9%). The other three lines brought in $350.63M combined.
Compared with fiscal 2024, Cement grew fastest, up 5.6% to $211.28M, while Coiled Tubing fell the most, down 5.7% to $104.11M.
Nine Energy Service began breaking out Product Revenues in fiscal 2023, when it brought in $145.29M.
United States was Nine Energy Service’s largest region in fiscal 2025, bringing in $550.63M of $561.91M (98%).
| Geography | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| United States | $587.87M | $602.34M | $545.26M | $550.63M | ||||||
| International | — | $7.18M | $8.84M | $11.28M | ||||||
| Canada & Other | $5.51M | — | — | — | ||||||
| Canada | — | — | — | — | ||||||
| Total | $593.38M | $609.53M | $554.10M | $561.91M |
Nine Energy Service brought in $561.91M from its two regions in fiscal 2025, the year ended December 31, 2025. That is less than the $823.31M it reports by product and service, so these regions do not cover all of its revenue. United States was the largest at $550.63M (98.0%), ahead of International at $11.28M (2.0%).
Compared with fiscal 2024, International grew 27.6% to $11.28M and United States grew 1.0% to $550.63M.
Nine Energy Service began breaking out International in fiscal 2023, when it brought in $7.18M. Nine Energy Service stopped reporting Canada & Other as a separate region after fiscal 2022, when it brought in $5.51M.
Completion Solutions was Nine Energy Service’s largest segment in fiscal 2019, bringing in $422.23M of $480.50M (88%).
| Segment | FY 2016 | FY 2017 | FY 2018 | FY 2019 |
|---|---|---|---|---|
| Completion Solutions | $221.47M | $465.77M | $745.32M | $422.23M |
| Production Solutions | $60.89M | $77.89M | $81.86M | $58.27M |
| Total | $282.35M | $543.66M | $827.17M | $480.50M |
Nine Energy Service brought in $480.50M from its two segments in fiscal 2019, the year ended December 31, 2019. That was down 41.9% from $827.17M in fiscal 2018. Completion Solutions was the largest at $422.23M (87.9%), ahead of Production Solutions at $58.27M (12.1%).
Compared with fiscal 2018, Production Solutions fell 28.8% to $58.27M and Completion Solutions fell 43.3% to $422.23M. From fiscal 2016 to 2019, combined revenue from these segments grew from $282.35M to $480.50M, a compound annual growth rate of 19.4%. Completion Solutions' share of the total rose from 78.4% to 87.9%.
Nine Energy Service (NINE) reports its revenue by product and service, by geography and by segment. In fiscal 2025, Cement was its largest product and service line, bringing in $211.28M (25.7% of the total), followed by Product Revenues at $130.70M (15.9%).
Cement was Nine Energy Service's largest product and service line in fiscal 2025, bringing in $211.28M, or 25.7% of the $823.31M total across its six product and service lines.
United States was Nine Energy Service's largest region in fiscal 2025, bringing in $550.63M, or 98.0% of the $561.91M total across its two regions.
Completion Solutions was Nine Energy Service's largest segment in fiscal 2019, bringing in $422.23M, or 87.9% of the $480.50M total across its two segments.
Among Nine Energy Service's product and service lines that make up at least 2% of revenue, Cement grew fastest in fiscal 2025, up 5.6% from $200.03M to $211.28M.
Every figure comes from Nine Energy Service's annual financial filings, as reported. Each line keeps the name Nine Energy Service gives it, and years follow its fiscal calendar.
Nine Energy Service's revenue by product and service goes back to fiscal 2017, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.