Nine Energy Service Posts $132 Million Revenue and $14.6 Million Net Loss for Q3 2025
Reuters
Oct 31, 2025
Nine Energy Service Posts $132 Million Revenue and $14.6 Million Net Loss for Q3 2025
Nine Energy Service Inc. reported third quarter 2025 revenue of $132.0 million, a net loss of $14.6 million, or $0.35 per diluted and basic share, and adjusted EBITDA of $9.6 million. Third quarter revenue was below the previously provided guidance range of $135.0 million to $145.0 million. For the first nine months of 2025 compared to the same period in 2024, international revenue increased by approximately 19%. Total liquidity as of September 30, 2025 was $40.3 million. The company completed a cementing job in the Haynesville Basin during the quarter. Activity declines and pricing pressure, particularly in the Permian Basin, along with market share losses in the Completion Tools Division, impacted revenue and earnings across all service lines.
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