Public signal · 1-minute delayed

Signal brief

Source-backed market context you can read and share without an account.

Medium materiality6/10

Nine Energy Service Q2 2026: margin pressure from coiled tubing outages

Aug 5, 2026, 5:18 PM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

EBITDA miss versus guidance, margin compression in Coiled Tubing, and maintenance-related fleet outages raise near-term profitability concerns; liquidity remains tight despite a fresh-start balance sheet, creating downside risk into Q3 and potential dilution or debt risk if cash flow remains constrained.

AI summary

What happened, with direct paths to the underlying reporting

Nine Energy Service reported Q2 2026 revenue of $141.8 million, a net loss of $4.9 million, and adjusted EBITDA of $8.6 million. Margin compression in Coiled Tubing drove the quarterly miss as two large units were sidelined for maintenance, with one expected back in Q3 and the other by year-end. Management remains optimistic on long-term dissolvable tooling and anticipates Q3 revenue to be flat to modestly down.

Q2 2026 revenue $141.8M; net loss $4.9M; adjusted EBITDA $8.6M.
Two large-diameter coiled-tubing units out of service (~17% fleet).
One unit returns in Q3; the other to return near year-end.
Total liquidity $46.8M as of 6/30/2026; cash $16.8M; revolver $30M.
Capex guidance for 2026 unchanged at $20–$30M; long-term dissolvable tech demand rising.

How to read this signal

Transparent limits for an AI-generated research aid

StockNews.AI groups source reporting, classifies the event, and measures subsequent price movement. This is informational research, not investment advice. Prices may be delayed or unavailable.