Nine Energy Service, Inc. (NINE) Earnings Call Transcripts

Nine Energy Service, Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Nine Energy Service reported revenue of $130 million and adjusted EBITDA of $3 million, which was impacted by a $5.5 million noncash inventory write-down. Management indicated that operational challenges due to severe weather and the transition from bankruptcy were significant factors in the quarter's performance. Looking ahead, Nine expects improved financial results in Q2, with revenue guidance set between $136 million and $146 million and adjusted EBITDA projected at $10 million to $15 million, signaling a recovery from the operational disruptions experienced in Q1.

Reported metrics

Guidance from management

Management expects Q2 revenue to range between $136 million and $146 million and adjusted EBITDA to be between $10 million and $15 million, reflecting a recovery from Q1 disruptions.

What management said

Yes. No. I mean I think you'll see those green shoots in Q3 and perhaps we don't see the shape to Q4 that we typically see, just given the rough start for the industry in Q1. So it's a great question, but you've obviously seen Conoco come out with their rig add in the back half. You've seen Diamondback come out. We've got a couple of other operators that have been clear about incremental activity. But that -- you wo...

Well, actually, no. I mean, the first time -- well, certainly ever in my life and my employees' life that we saw the Ohio River frozen. And we had a record number of days underneath freezing. So we really had some catastrophic weather impacts that even for January are abnormal. So that was significant -- it was a significant impact to that region.

What analysts pressed on

Analysts expressed concerns about the impact of severe weather on operations and the potential for continued pricing pressures due to rising costs. There was also inquiry into the company's ability to generate cash flow moving forward, given the noisy Q1 results and the recent bankruptcy.

Main topics on the call

• Operational Challenges — The company faced severe weather impacts that caused operational inefficiencies and delays, particularly in the Northeast region. Ann Fox stated, "we really had some catastrophic weather impacts that even for January are...
• Financial Recovery Outlook — Management expressed confidence in a financial recovery, projecting sequential revenue growth in Q2 driven by improved operational efficiencies. They noted, "we expect both revenue and adjusted EBITDA to increase sequent...
• Impact of Fresh Start Accounting — The application of fresh start accounting has transformed Nine into a new entity for financial reporting, which management believes positions the company for a stronger financial future. Ann Fox remarked, "the company ha...
• International Business Growth — Nine's international tools business continues to perform well, with a reported 14% sequential growth in international tool revenue in 2025. Management emphasized that this segment remains a critical part of their growth ...

Read the full Nine Energy Service, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 4 Nine Energy Service, Inc. earnings call transcripts on record, spanning August 6, 2025 to August 6, 2026. Based on this history, Nine Energy Service, Inc. reports semi-annually. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

NINE

Exchange

NYSEAM

Country

US

Sector

Energy

Industry

Energy Equipment and Services

Calls on record

4

First call

August 6, 2025

Most recent

August 6, 2026

Reporting cadence

semi-annually