Nine Energy Service Gross Margin Growth & History (NINE)
Nine Energy Service's gross margin was 10.71% for fiscal 2025.
View full Nine Energy Service company overviewNine Energy Service annual gross margin history
2016
2017
2018
2019
2020
2022
2023
2024
2025
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 10.71% | −0.23 pp |
| 2024 | 2024-12-31 | 10.94% | −1.88 pp |
| 2023 | 2023-12-31 | 12.82% | −3.37 pp |
| 2022 | 2022-12-31 | 16.19% | — |
| 2020 | 2020-12-31 | 2.80% | −16.77 pp |
| 2019 | 2019-12-31 | 19.56% | −3.15 pp |
| 2018 | 2018-12-31 | 22.71% | +5.20 pp |
| 2017 | 2017-12-31 | 17.51% | +4.67 pp |
| 2016 | 2016-12-31 | 12.84% | — |
Nine Energy Service quarterly gross margin
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.25
Q2.25
Q3.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 11.58% | −0.11 pp |
| Q4 2025 | 2025-12-31 | 8.95% | — |
| Q3 2025 | 2025-09-30 | 8.90% | — |
| Q2 2025 | 2025-06-30 | 11.69% | — |
| Q1 2025 | 2025-03-31 | 12.87% | — |
| Q4 2020 | 2020-12-31 | −8.06% | −22.39 pp |
| Q3 2020 | 2020-09-30 | −5.98% | −23.51 pp |
| Q2 2020 | 2020-06-30 | −7.52% | −29.82 pp |
| Q1 2020 | 2020-03-31 | 14.06% | −8.19 pp |
| Q4 2019 | 2019-12-31 | 14.34% | −10.88 pp |
| Q3 2019 | 2019-09-30 | 17.53% | −6.53 pp |
| Q2 2019 | 2019-06-30 | 22.30% | +1.91 pp |
| Q1 2019 | 2019-03-31 | 22.25% | +1.78 pp |
| Q4 2018 | 2018-12-31 | 25.21% | +6.60 pp |
| Q3 2018 | 2018-09-30 | 24.06% | +4.98 pp |
| Q2 2018 | 2018-06-30 | 20.39% | +2.54 pp |
| Q1 2018 | 2018-03-31 | 20.47% | +7.22 pp |
| Q4 2017 | 2017-12-31 | 18.61% | — |
| Q3 2017 | 2017-09-30 | 19.07% | — |
| Q2 2017 | 2017-06-30 | 17.85% | — |
| Q1 2017 | 2017-03-31 | 13.26% | — |
Nine Energy Service gross margin trends
Over the last five fiscal years, Nine Energy Service's gross margin increased from 2.80% to 10.71%, a change of +7.91 percentage points. The latest reported quarter, Q2 2026, shows 11.58%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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