Watch for updates on coiled tubing unit repairs and Q3 results; the negative guidance and margin compression suggest further downside risk near term, especially given the stock's small $165M market cap and operational headwinds.
Price Chart
Executive Summary
Nine Energy Service reported Q2 2026 revenue of $141.8M, slightly above $140.8M consensus, but posted a net loss of $(4.9)M or $(0.35) per share, far below the $0.00 consensus estimate. Adjusted EBITDA of $8.6M missed the company's own guidance range of $10-15M due to coiled tubing operational disruptions and cost inflation. Management guided Q3 revenue and profitability to be 'flat to modestly down,' signaling continued near-term headwinds.
Key Financial Metrics
Key Facts
- Q2 2026 revenue $141.8M (vs consensus $140.8M, up ~0.7%)
- Net loss $(4.9)M or $(0.35) per share (consensus $0.00)
- Adjusted EBITDA $8.6M missed company guidance of $10-15M
- Two large-diameter coiled tubing units (17% of fleet) out of service due to maintenance issues
- Q3 outlook: revenue and profitability 'flat to modestly down' sequentially
- Total liquidity $46.8M; net cash used in operations $2.3M
Financial Impact
Revenue beat by ~$1M but EPS missed by $0.35 vs consensus; adjusted EBITDA $1.4-6.4M below guidance range
Risk Factors
- Extended downtime of coiled tubing unit expected out until year-end
- Persistent cost inflation across labor, materials, and consumables
- Flat-to-down Q3 guidance implies limited near-term growth catalysts
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-085795 |
| Document: ea0300649-8k_nine.htm | 0001213900-26-085795 |
| Document: 0001213900-26-085795-index-headers.html | 0001213900-26-085795 |
| Document: 0001213900-26-085795-index.html | 0001213900-26-085795 |
| Document: 0001213900-26-085795.txt | 0001213900-26-085795 |
| 8-K Data (Synthetic) | 0001213900-26-085795 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 5, 2026 11w ago | 8-K | $10.43 $10.16 | ▲ +2.59% | ▲ +3.20% | $7.94 (+23.87%) |
May 22, 2026 22w ago | 8-K | $11.05 $10.74 | ▼ −2.81% | ▼ −2.76% | $7.94 (−28.14%) |
May 15, 2026 23w ago | 8-K | $10.60 $10.49 | ▼ −1.04% | ▼ −0.39% | $7.94 (−25.09%) |
May 13, 2026 23w ago | 8-K | $10.40 $10.34 | ▼ −0.58% | ▲ +0.65% | $7.94 (−23.65%) |
Apr 24, 2026 26w ago | 8-K | $9.40 $9.20 | ▲ +2.13% | ▲ +1.64% | $7.94 (+15.53%) |
Apr 21, 2026 26w ago | 8-K | $9.09 $9.10 | ▼ −0.11% | ▼ −0.50% | $7.94 (+12.65%) |
US Market Status
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