Nine Energy Service Operating Expenses Growth & History (NINE)
Nine Energy Service's operating expenses was $59.7M for fiscal 2025.
View full Nine Energy Service company overviewNine Energy Service annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $59.7M | $8.4M | +16.47% |
| 2024 | 2024-12-31 | $51.3M | −$8.5M | −14.24% |
| 2023 | 2023-12-31 | $59.8M | $8.2M | +15.81% |
| 2022 | 2022-12-31 | $51.7M | — | — |
| 2020 | 2020-12-31 | $391.9M | $46.2M | +13.36% |
| 2019 | 2019-12-31 | $345.7M | $129.5M | +59.91% |
| 2018 | 2018-12-31 | $216.2M | $64.0M | +42.07% |
| 2017 | 2017-12-31 | $152.2M | $32.9M | +27.59% |
| 2016 | 2016-12-31 | $119.3M | — | — |
Nine Energy Service quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $20.2M | $6.4M | +45.83% |
| Q4 2025 | 2025-12-31 | $19.9M | — | — |
| Q3 2025 | 2025-09-30 | $12.8M | — | — |
| Q2 2025 | 2025-06-30 | $13.9M | — | — |
| Q1 2025 | 2025-03-31 | $13.3M | — | — |
| Q4 2020 | 2020-12-31 | $22.3M | −$214.6M | −90.60% |
| Q3 2020 | 2020-09-30 | $22.3M | −$23.3M | −51.08% |
| Q2 2020 | 2020-06-30 | $23.0M | −$16.0M | −41.12% |
| Q1 2020 | 2020-03-31 | $324.3M | $300.1M | +1241.25% |
| Q4 2019 | 2019-12-31 | $236.9M | $118.2M | +99.59% |
| Q3 2019 | 2019-09-30 | $45.6M | $9.4M | +26.07% |
| Q2 2019 | 2019-06-30 | $39.0M | $8.6M | +28.25% |
| Q1 2019 | 2019-03-31 | $24.2M | −$6.7M | −21.71% |
| Q4 2018 | 2018-12-31 | $118.7M | $56.1M | +89.72% |
| Q3 2018 | 2018-09-30 | $36.2M | $7.7M | +27.20% |
| Q2 2018 | 2018-06-30 | $30.4M | −$2.0M | −6.12% |
| Q1 2018 | 2018-03-31 | $30.9M | $2.1M | +7.40% |
| Q4 2017 | 2017-12-31 | $62.6M | — | — |
| Q3 2017 | 2017-09-30 | $28.5M | — | — |
| Q2 2017 | 2017-06-30 | $32.4M | — | — |
| Q1 2017 | 2017-03-31 | $28.8M | — | — |
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.
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.
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.
Review Nine Energy Service source filings ↗