The earnings call reflected a challenging quarter with significant revenue and market share declines due to rig count reductions, pricing pressure, and operational delays in the Northeast. Despite these challenges, there were notable international revenue growth and technical achievements in the cementing division. The outlook remains cautious with expectations of continued challenges in Q4.
Company Guidance
During the Q3 2025 earnings call for Nine Energy Service, the company reported revenue of $132 million, falling short of the initial guidance range of $135 million to $145 million. The adjusted EBITDA was $9.6 million, with significant market challenges noted, such as a 7% decline in the U.S. rig count from Q1 to Q3 and a 15% decrease in the Permian rig count. The company also faced pricing pressures and market share losses, particularly in the completion tool division, which saw a 27% decrease in stages completed. Despite these challenges, the international tools business experienced a 19% growth in revenue year-to-date, driven by sales in the UAE, Argentina, and Australia. The company's liquidity position was $40.3 million, with cash and cash equivalents of $14.4 million and $25.9 million available under the revolving credit facility. Looking ahead, Nine Energy anticipates Q4 revenue between $122 million and $132 million, with continued pricing pressures and typical seasonal slowdowns.
International Revenue Growth
International revenue grew by approximately 19% for the first 9 months of 2025, driven by increased sales in the UAE, Argentina, and Australia.
Technical Achievement in Cementing Division
The cementing team completed a landmark job in the Haynesville basin, formulating a latex-based cement slurry that maintained stability and reduced pumping pressures in challenging conditions.
Positive Natural Gas Outlook
Natural gas prices remained mostly supportive during Q3, averaging approximately $3.03, which is slightly down from $3.19 in Q2, helping drive efficient operations.
Nine Energy Service (NINE) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NINE Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 30, 2025
$0.70
$0.56
-20.00%
Aug 05, 2025
$0.71
$0.68
-4.23%
May 07, 2025
$0.61
$0.70
+14.75%
Mar 05, 2025
$1.02
$1.09
+6.86%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Nine Energy Service (NINE) report earnings?
Nine Energy Service (NINE) is schdueled to report earning on Mar 09, 2026, Before Open (Confirmed).
What is Nine Energy Service (NINE) earnings time?
Nine Energy Service (NINE) earnings time is at Mar 09, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.