Nine Energy Service, Inc.

For the period ended Sep 30, 2026. Filed Nov 9, 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.

Sep 30, 2026 · Filed Nov 9, 2026

NINE$7.26+8.8%Stored close · as of Nov 10, 2026

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

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Contents

Condensed Consolidated Statements of Cash Flows

(In thousands)

Successor · Predecessor
	Period from March 6, 2026 through September 30, 2026	Period from January 1, 2026 through March 5, 2026	Nine Months Ended September 30, 2025
Cash flows from operating activities
Net income (loss)	$(11,227)	$107,879	$(32,099)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Depreciation	16,485	3,963	17,392
Amortization of intangibles	478	1,984	8,387
Amortization of operating leases	8,330	2,930	11,105
Amortization of deferred financing costs and non-cash interest	4,066	2,421	10,221
Provision for doubtful accounts	227	82	51
Provision for inventory obsolescence	294	2,462	1,370
Stock-based compensation expense	1,846	1,890	1,756
Loss (gain) on sale of property and equipment	(42)	(147)	427
Loss on revaluation of contingent liability	—	—	169
Non-cash reorganization items, net	—	(139,231)	—
Changes in operating assets and liabilities
Accounts receivable, net	(12,902)	(3,211)	(292)
Inventories, net	(6,895)	2,059	(7,161)
Prepaid expenses and other current assets	3,840	1,658	2,205
Accounts payable and accrued expenses	2,915	8,883	(6,891)
Income taxes receivable/payable	35	109	449
Operating lease obligations	(7,569)	(3,674)	(11,026)
Other assets and liabilities	120	(8)	(1,196)
Net cash provided by (used in) operating activities	1	(9,951)	(5,133)
Cash flows from investing activities
Proceeds from sales of property and equipment	197	286	162
Proceeds from property and equipment casualty losses	25	628	—
Purchases of property and equipment	(11,497)	(2,950)	(13,324)
Net cash used in investing activities	(11,275)	(2,036)	(13,162)
Cash flows from financing activities
Proceeds from revolving credit facilities	—	—	65,946
Payments on revolving credit facilities	—	—	(51,000)
Proceeds from Prepetition ABL Facility	—	3,000	—
Payments of Prepetition ABL Facility	—	(67,349)	—
Proceeds from DIP ABL Facility	—	79,495	—
Payments of DIP ABL Facility	—	(82,568)	—
Proceeds from Exit ABL Facility	5,000	89,479	—
Cost of debt issuance	—	—	(4,558)
Payments of short-term debt	(4,760)	(1,550)	(3,580)
Principal payments on finance leases	(45)	(11)	(26)
Payments of contingent liability	—	—	(223)
Net cash provided by financing activities	195	20,496	6,559

Successor · Predecessor
	Period from March 6, 2026 through September 30, 2026	Period from January 1, 2026 through March 5, 2026	Nine Months Ended September 30, 2025
Impact of foreign currency exchange on cash	93	89	331
Net increase (decrease) in cash, cash equivalents, and restricted cash	(10,986)	8,598	(11,405)
Cash, cash equivalents, and restricted cash
Cash, cash equivalents, and restricted cash at beginning of period	$28,440	$19,842	$27,880
Cash, cash equivalents, and restricted cash at end of period	$17,454	$28,440	$16,475
Supplemental disclosures of cash flow information:
Cash paid for interest	$733	$72	$41,609
Cash paid (refunded) for income taxes	$370	$—	$(777)
Right-of-use assets obtained in exchange for operating lease obligations	$3,951	$589	$8,030
Supplemental schedule of non-cash investing and financing activities:
Right-of-use assets obtained in exchange for finance lease obligations	$40	$60	$26
Capital expenditures in accounts payable and accrued expenses	$1,324	$1,547	$1,402

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.