---
title: "Nine Energy | 8-K: FY2026 Q1 Revenue: USD 41.6 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286318835.md"
datetime: "2026-05-13T21:12:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286318835.md)
  - [en](https://longbridge.com/en/news/286318835.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286318835.md)
---

# Nine Energy | 8-K: FY2026 Q1 Revenue: USD 41.6 M

Revenue: As of FY2026 Q1, the actual value is USD 41.6 M.

EPS: As of FY2026 Q1, the actual value is USD -0.09.

EBIT: As of FY2026 Q1, the actual value is USD -315 K.

Nine Energy Service, Inc. reported financial results for two distinct periods: a predecessor period (January 1, 2026 through March 5, 2026) and a successor period (March 6, 2026 through March 31, 2026), due to its emergence from Chapter 11 and application of fresh start accounting effective March 5, 2026 .

#### Predecessor Period (January 1, 2026 through March 5, 2026)

-   Revenue: $88.4 million .
-   Net Income: $107.9 million .
-   Adjusted EBITDA: $0.9 million .
-   Gross Profit: $2.0 million .
-   Adjusted Gross Profit: $7.8 million .
-   General and Administrative (G&A) Expense: $13.1 million .
-   Depreciation and Amortization (D&A) Expense: $5.9 million .
-   Income Tax Provision: $0.1 million .
-   Net Cash Used in Operating Activities: $10.0 million .
-   Capital Expenditures: $1.9 million .

#### Successor Period (March 6, 2026 through March 31, 2026)

-   Revenue: $41.6 million .
-   Net Loss: - $1.3 million .
-   Adjusted EBITDA: $2.1 million .
-   Gross Profit: $3.8 million .
-   Adjusted Gross Profit: $6.0 million .
-   General and Administrative (G&A) Expense: $4.6 million .
-   Depreciation and Amortization (D&A) Expense: $2.3 million .
-   Income Tax Benefit: $0.1 million .
-   Net Cash Used in Operating Activities: $2.4 million .
-   Capital Expenditures: $3.7 million .

#### Liquidity and Capital Structure (as of March 31, 2026)

-   Total Liquidity: $46.9 million .
-   Cash and Cash Equivalents: $11.2 million .
-   Availability under Revolving Credit Facility: $35.7 million .
-   Borrowings under Revolving Credit Facility: $90.4 million .
-   Additional Borrowing (April 28, 2026): $5.0 million under the revolving credit facility .

#### Operational Metrics

-   Nine Energy Service, Inc. has surpassed over 500,000 Scorpion™ Composite Plugs sold .

#### Outlook / Guidance

Nine Energy Service, Inc. expects second quarter 2026 revenue to range from $136 million to $146 million, with adjusted EBITDA projected between $10.0 million and $15.0 million . The company anticipates continued operational normalization, efficiency gains, and sequential improvement in revenue and earnings during the second quarter . Full-year 2026 capital expenditures are guided to be between $20 million and $30 million .

### Related Stocks

- [NINE.US](https://longbridge.com/en/quote/NINE.US.md)

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