---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-032188"
form_type: "8-K"
ticker: "NCSM"
cik: "0001692427"
company_name: "NCS Multistage Holdings, Inc."
filed_at: "2025-10-29T23:59:59+00:00"
generated_at: "2026-05-17T01:41:03.988494+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NCS Q3 revenue up 6% to $46.5M; net income $3.8M ($1.37 diluted EPS) down from $4.1M YoY

## Summary
- Revenue $46.5M (+6% YoY); net income $3.8M ($1.37 diluted EPS) vs $4.1M ($1.60) in Q3 2024.
- Adjusted EBITDA $7.0M (flat YoY); adjusted EBITDA margin 15% vs 16% a year ago.
- Canadian revenues down 19% YoY; US and international up 37% and 38%, respectively.
- Acquired Reservoir Metrics (ResMetrics) in late July; contributed ~$2M to services revenue.
- Cash $25.3M, total debt $7.4M (finance leases); undrawn ABL borrowing base $19.4M.

## SEC filing metadata
- accession: 0001437749-25-032188
- form_type: 8-K
- ticker: NCSM
- cik: 0001692427
- company_name: NCS Multistage Holdings, Inc.
- filed_at: 2025-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692427/000143774925032188/0001437749-25-032188-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692427/000143774925032188/ncsm20250804_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-032188
- JSON: https://secwatch.observer/filing/0001437749-25-032188.json
- Plain text: https://secwatch.observer/filing/0001437749-25-032188.txt

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