---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-114963"
form_type: "8-K"
ticker: "NINE"
cik: "0001532286"
company_name: "Nine Energy Service, Inc."
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T07:54:08.739409+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nine Energy Service Q1 revenue $150.5M, net loss $(7.1)M; new $125M ABL credit facility closed

## Summary
- Q1 2025 revenue $150.5M (+6% QoQ), net loss $(7.1)M ($0.18/sh), adjusted EBITDA $16.5M (+17% QoQ).
- Closed new $125M senior secured ABL revolver with White Oak; borrowed $48.9M to repay prior facility and fees.
- Q2 2025 revenue and earnings expected to decline vs Q1 due to oil price drop, tariffs, and activity decreases.
- Board changes: Gary Thomas resigned, Joey Hall appointed director effective Aug 2; share plan amended adding 3.9M shares.

## SEC filing metadata
- accession: 0001193125-25-114963
- form_type: 8-K
- ticker: NINE
- cik: 0001532286
- company_name: Nine Energy Service, Inc.
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1532286/000119312525114963/0001193125-25-114963-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1532286/000119312525114963/d933097d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-114963
- JSON: https://secwatch.observer/filing/0001193125-25-114963.json
- Plain text: https://secwatch.observer/filing/0001193125-25-114963.txt

## Source-grounded claims
- claim_id: 38b93fcf18
  claim: Mark E. Baldwin departed as Director at Nine Energy Service, Inc..
  evidence_excerpt: Mark E. Baldwin has notified the Board that he plans to resign from the Board effective as of the end of the day on August 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1532286/000119312525114963/0001193125-25-114963-index.htm
- claim_id: 6dba992039
  claim: Richard A. Burnett was appointed as Director at Nine Energy Service, Inc..
  evidence_excerpt: on May 3, 2025, as previously disclosed, Richard A. Burnett began serving as a member of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1532286/000119312525114963/0001193125-25-114963-index.htm
- claim_id: 8ee87a2018
  claim: Gary L. Thomas resigned as Director at Nine Energy Service, Inc..
  evidence_excerpt: On May 2, 2025, Gary L. Thomas resigned as a member of the Company’s Board of Directors (the “Board”), effective as of the end of such date, as planned
  evidence_url: https://www.sec.gov/Archives/edgar/data/1532286/000119312525114963/0001193125-25-114963-index.htm
- claim_id: cf0135efa6
  claim: Jerome (Joey) D. Hall was appointed as Director at Nine Energy Service, Inc..
  evidence_excerpt: on May 2, 2025, the Board appointed Jerome (Joey) D. Hall as a director and as a member of the Board’s Audit Committee and Nominating, Governance and Compensation Committee (the “NGC Committee”), in each case effective as of August 2, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1532286/000119312525114963/0001193125-25-114963-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.