Nine Energy Service, Inc.

For the period ended Mar 31, 2026. Filed May 13, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 13, 2026

NINE$6.67-10.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Balance Sheets

(In thousands, except share and per share amounts)

	Successor	Predecessor
	March 31, 2026	December 31, 2025
Assets
Current assets
Cash and cash equivalents	$11,249	$18,449
Restricted cash	10,616	1,393
Accounts receivable, net	88,270	75,979
Inventories, net	50,550	56,553
Prepaid expenses	12,106	13,538
Other current assets	2,064	2,919
Total current assets	174,855	168,831
Property and equipment, net	109,013	64,266
Operating lease right of use assets, net	32,482	34,105
Finance lease right of use assets, net	52	16
Intangible assets, net	9,103	68,063
Other long-term assets	535	4,183
Total assets	$326,040	$339,464
Liabilities and Stockholders’ Equity (Deficit)
Current liabilities
Accounts payable	$41,453	$43,564
Accrued expenses	23,662	27,764
Income taxes payable	374	356
Current portion of long-term debt	3,978	6,310
Current portion of operating lease obligations	12,454	13,409
Current portion of finance lease obligations	50	6
Total current liabilities	81,971	91,409
Long-term liabilities
Long-term debt	90,439	341,572
Long-term operating lease obligations	19,602	21,352
Other long-term liabilities	45	87
Total liabilities	192,057	454,420
Commitments and contingencies (Note 11)
Stockholders’ equity (deficit)
Predecessor common stock (120,000,000 shares authorized at $0.01 par value; 43,326,339 shares issued and outstanding at December 31, 2025)	—	433
Successor common stock (70,000,000 shares authorized at $0.01 par value; 13,949,990 shares issued and outstanding at March 31, 2026)	139	—
Additional paid-in capital	135,065	808,432
Accumulated other comprehensive income (loss)	32	(5,187)
Accumulated deficit	(1,253)	(918,634)
Total stockholders’ equity (deficit)	133,983	(114,956)
Total liabilities and stockholders’ equity (deficit)	$326,040	$339,464

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.