Every 8-K that Nine Energy Service, Inc. (NINE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow NINE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NINE filings page.
Nine Energy Service, Inc. reported results for the quarter ended June 30, 2026, with revenue of $141.8 million, a net loss of $4.9 million, or $0.35 per basic and diluted share, gross profit of $12.8 million, adjusted gross profit of $19.9 million, and adjusted EBITDA of $8.6 million. Management noted that second-quarter revenue increased sequentially and was within its prior guidance range, while adjusted EBITDA was below that range.
Profitability was pressured by margin compression and cost inflation, particularly in Coiled Tubing, where two large-diameter units representing about 17% of that fleet were taken out of service for maintenance; one returned early in the third quarter and the other is expected back near year-end, leaving Coiled Tubing constrained. Management described Completion Tools as delivering a strong quarter with increased domestic sales and continued international growth, while Cementing remained steady but faced higher material and labor costs. As of June 30, 2026, cash and cash equivalents were $16.8 million and availability under the revolving credit facility was $30.0 million, resulting in total liquidity of $46.8 million against $97.3 million of borrowings on the facility. Net cash used in operating activities was $2.3 million and capital expenditures were $4.8 million, with full-year 2026 capex guidance reaffirmed at $20 to $30 million. The company indicated third-quarter revenue and profitability are expected to be flat to modestly down versus the second quarter.
Nine Energy Service appointed Heather Schmidt as its permanent Chief Financial Officer and principal financial officer, effective May 22, 2026, after serving in the role on an interim basis. She has been with the company since 2012 in senior strategic and investor relations roles.
Her amended and restated employment agreement sets a base salary of $425,000 and a target annual bonus equal to 75% of base salary. She also received long-term incentives: time-based RSUs with a target value of $300,000 vesting over three years, and a performance-based cash award with a $300,000 target tied to relative total shareholder return over three annual periods, with a maximum payout of 200% of target. The agreement includes severance and enhanced benefits for certain terminations, including higher severance if a qualifying termination occurs within 24 months after a change in control.
Nine Energy Service, Inc. adopted a new 2026 Long-Term Incentive Plan as part of its transition out of Chapter 11 bankruptcy. The plan reserves 1,394,999 shares of common stock, equal to 10% of shares outstanding as of the Chapter 11 Plan effective date, for equity-based awards.
The program combines three-year, stock-settled restricted stock units with performance-based cash awards tied to relative total shareholder return over three annual periods. CEO Ann Fox was approved for RSUs valued at $2,980,000 and performance awards with a $2,980,000 target, with proportionally smaller packages for key executives.
Independent directors are subject to a $900,000 annual compensation cap, and the plan can grant awards for up to ten years. Interim CFO Heather Schmidt will also receive a $15,000 monthly cash stipend while serving in that role.
Nine Energy Service, Inc. reported first-quarter 2026 results split between a predecessor and successor period due to emerging from Chapter 11 and adopting fresh start accounting on March 5. The predecessor period generated $88.4 million in revenue and net income of $107.9 million, or $2.65 per diluted share, while adjusted EBITDA was $0.9 million. The successor period produced $41.6 million in revenue and a net loss of $1.3 million, or $(0.09) per diluted share, with adjusted EBITDA of $2.1 million. Management highlighted that predecessor results were pressured by a $5.5 million non-cash inventory write-down and weather-related disruptions, but noted improved operating efficiency as the quarter progressed and largely stable pricing. As of March 31, 2026, the balance sheet showed $11.2 million of cash, $90.4 million of borrowings under the revolving credit facility, and total liquidity of $46.9 million. Full-year 2026 capital expenditures are guided to $20–$30 million, and the company expects sequential improvement in revenue and earnings in the second quarter as operations and reporting normalize following its restructuring.
Nine Energy Service reports that Executive Vice President and Chief Financial Officer Guy Sirkes has decided to resign to accept a role at another company, with his resignation effective May 11, 2026.
On the same date, Heather Schmidt, age 42, will be appointed Interim Chief Financial Officer unless a permanent CFO is named earlier. Schmidt joined the company in 2012 and currently leads strategic development, M&A, investor relations, marketing and public relations. She will receive an indemnification agreement in the same form used for other executive officers. The company states there are no family relationships or related-party transactions requiring disclosure in connection with her appointment.
Nine Energy Service, Inc. has furnished a final Monthly Operating Report covering March 1–4, 2026, following its emergence from prepackaged Chapter 11 on March 5, 2026. The report shows beginning cash of $21,095,405 and ending cash of $23,389,975, with total assets of $36,563,808 and total liabilities of $429,419,528, resulting in negative equity of $392,855,720. For the period, the company recorded a net loss of $13,935,184, largely driven by $13,357,186 of reorganization items. Management emphasizes that the Monthly Operating Report is unaudited, prepared to meet Bankruptcy Code requirements, covers an atypically short period and may be subject to future adjustments, so it should not be relied upon for investment decisions.
Nine Energy Service, Inc. filed an unaudited monthly operating report for its Chapter 11 cases covering February 1–28, 2026. The company emerged from bankruptcy after its prepackaged plan became effective on March 5, 2026, but must report activity during the case.
For February, Nine reported a beginning cash balance of $8,128,912, total receipts of $26,875,097, total disbursements of $13,908,606 and an ending cash balance of $21,095,404. The balance sheet for Nine Energy Service, Inc. shows total assets of $34,543,267, total liabilities of $416,340,384 and ending equity of -$381,797,116 as of February 28, 2026.
The statement of operations shows general and administrative expenses of $2,069,239, reorganization items of $27,560,183 and a net loss of $49,163,379 for the month. The company cautions that the operating reports are prepared only to satisfy Bankruptcy Code requirements, are not GAAP financial statements, are subject to future adjustment and should not be relied upon for investment decisions.
Nine Energy Service, Inc. reported that Theodore R. Moore has decided to resign as Executive Vice President, General Counsel and Secretary to accept a position at another company. His resignation will be effective March 24, 2026, following notice given on March 9, 2026.
Nine Energy Service, Inc. has emerged from Chapter 11 after a prepackaged restructuring. A court confirmed the plan on March 4, 2026, and it became effective March 5, 2026. The company replaced its DIP financing with a new $135.0 million first‑lien asset‑based revolving Exit ABL Facility, secured by substantially all assets.
Before the plan, there were 43,310,777 shares of old common stock outstanding; all such equity was canceled on the effective date. Approximately 13,950,000 shares of new common stock were issued to holders of the 13.000% Senior Secured Notes, who now own 100% of the company. The NYSE previously filed Form 25 on February 5, 2026 to delist Nine’s common stock, with deregistration under Section 12(b) to follow after the applicable period.
The company entered a Registration Rights Agreement for these new shares and voting agreements with MacKay Shields and Philosophy‑affiliated funds, capping their effective voting power above 10% through proportional voting on the excess. Nine also adopted a new certificate of incorporation and bylaws that reduce authorized shares, declassify the board, make directors removable by majority vote with or without cause, expand indemnification to officers, and allow 20% stockholders to request special meetings.
Nine Energy Service, Inc. reports key developments in its chapter 11 restructuring. The Bankruptcy Court approved on an interim basis a senior secured super‑priority debtor‑in‑possession asset‑based credit facility with up to $125 million of revolving commitments, and the company entered into the related loan and security agreement.
The agreement contemplates converting this DIP ABL Facility into an exit senior secured asset‑based revolving credit facility with up to $135 million of revolving commitments if the bankruptcy plan is confirmed and becomes effective. Separately, NYSE Regulation has begun proceedings to delist Nine Energy Service’s common stock, immediately suspending trading after the chapter 11 filing, and a Form 25 has been filed with the SEC. The company states the delisting will not change its business operations or SEC reporting obligations.
Nine Energy Service, Inc. has filed voluntary Chapter 11 cases to implement a prepackaged plan to restructure its existing indebtedness under a Restructuring Support Agreement with key noteholders and ABL lenders.
The company obtained creditor support for a plan that includes a senior secured super-priority DIP asset-based facility of up to $125 million, which is expected to roll into a new senior secured Exit ABL facility with up to $135 million in revolving commitments on the plan effective date. Nine Energy Service continues to operate as debtor-in-possession while seeking court approval of “first day” motions and aims to emerge from Chapter 11 within 45 days of the petition date. The company warns that trading in its securities is highly speculative and that the plan contemplates canceling all existing common stock for no consideration, meaning current shareholders could suffer a significant or complete loss.
Nine Energy Service announced a board change. Richard A. Burnett resigned from the board effective November 9, 2025, and the company stated his departure was not due to any disagreement on operations, policies, or practices. Effective November 10, 2025, the board size was reduced from six to five. Chairman Scott E. Schwinger was appointed to the Audit Committee and named its Chair, effective the same date.
Nine Energy Service, Inc. furnished a press release detailing its results of operations and financial condition for the quarter ended September 30, 2025. The press release is included as Exhibit 99.1.
The company notes this information, including Exhibit 99.1, is being furnished and not filed under the Exchange Act.