Nine Energy Service Operating Expenses Growth & History (NINE)

Nine Energy Service's operating expenses was $59.7M for fiscal 2025.

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Nine Energy Service annual operating expenses history

Nine Energy Service annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20252025-12-31$59.7M$8.4M+16.47%
20242024-12-31$51.3M−$8.5M−14.24%
20232023-12-31$59.8M$8.2M+15.81%
20222022-12-31$51.7M
20202020-12-31$391.9M$46.2M+13.36%
20192019-12-31$345.7M$129.5M+59.91%
20182018-12-31$216.2M$64.0M+42.07%
20172017-12-31$152.2M$32.9M+27.59%
20162016-12-31$119.3M

Nine Energy Service operating expenses trends

Over the last five fiscal years, Nine Energy Service's operating expenses decreased from $391.9M to $59.7M, a change of −$332.1M. The latest reported quarter, Q2 2026, shows $20.2M.

About the metric

What operating expenses mean

Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.

Calculation and source

SEC-reported and calculated operating expenses

TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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