Nine Energy Service Reports Third-Quarter 2026 Results
Revenue was $142.0 million, net loss was $5.1 million and adjusted EBITDA was $8.3 million. The company maintained 2026 capital expenditure guidance of $20 million to $30 million and reported liquidity of $46.0 million as of September 30.
Nine Energy Service, Inc. reported third quarter 2026 revenues of $142.0 million, a net loss of $5.1 million, and adjusted EBITDA of $8.3 million. The company noted that results were supported by improved U.S. activity and performance in its cementing business, though these gains were partially offset by operating constraints in coiled tubing and lower international completion tools activity.
Management expects U.S. activity levels to continue into the fourth quarter of 2026 and anticipates that profitability will be modestly higher in the fourth quarter due to a shift in revenue toward higher-margin cementing and international tools. The company maintained its full-year 2026 capital expenditure guidance of $20 million to $30 million and reported a total liquidity position of $46.0 million as of September 30, 2026.