earnings
confidence high
sentiment negative
materiality 0.75
Nine Energy Q2 2026 revenue $141.8M, net loss $4.9M; EBITDA below guidance; coiled tubing units out
Nine Energy Service, Inc.
- Revenue $141.8M, net loss $4.9M ($0.35/sh), adjusted EBITDA $8.6M (below guidance).
- Two large-diameter coiled tubing units (17% of fleet) out for maintenance; one returned early Q3, other expected near year-end.
- Coiled Tubing margin compression and cost inflation; Completion Tools strong; Cementing steady but cost pressures.
- Full-year capex guidance unchanged at $20-30M; total liquidity $46.8M as of June 30.
- Company emerged from bankruptcy on March 5, 2026, applied fresh start accounting; Predecessor/Successor not comparable.