---
schema_version: "secwatch.filing_event.v1"
accession: "0001692427-22-000004"
form_type: "8-K"
ticker: "NCSM"
cik: "0001692427"
company_name: "NCS Multistage Holdings, Inc."
filed_at: "2022-03-07T23:59:59+00:00"
generated_at: "2026-06-27T01:12:15.345510+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NCS Q4 revenue $36.1M (+32% YoY), net income $1.7M; full-year loss narrows to $4.7M

## Summary
- Q4 revenue $36.1M, up 32% YoY and 11% sequentially; gross margin 44%.
- Net income $1.7M ($0.68 diluted EPS); adjusted net income $1.2M ($0.48).
- Full-year revenue $118.5M (+11% YoY); net loss $(4.7M) improved from $(57.6M) in 2020.
- Free cash flow for 2021 $11.1M; cash $22.2M, total debt $7.8M; credit facility undrawn.
- Introduced Ratek sliding sleeves and PurpleFire perforating gun; jury awarded $486K in patent case against Nine Energy Service.

## SEC filing metadata
- accession: 0001692427-22-000004
- form_type: 8-K
- ticker: NCSM
- cik: 0001692427
- company_name: NCS Multistage Holdings, Inc.
- filed_at: 2022-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692427/000169242722000004/0001692427-22-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692427/000169242722000004/ncsm-20220307x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001692427-22-000004
- JSON: https://secwatch.observer/filing/0001692427-22-000004.json
- Plain text: https://secwatch.observer/filing/0001692427-22-000004.txt

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