NCSM
NCS Multistage Holdings Inc
NASDAQ: NCSM · ENERGY · OIL & GAS EQUIPMENT & SERVICES
$54.67
-28.07% today
Updated 2026-04-30
Market cap
$205.34M
P/E ratio
9.05
P/S ratio
1.12x
EPS (TTM)
$8.65
Dividend yield
—
52W range
$29 – $87
Volume
0.0M
NCS Multistage Holdings Inc (NCSM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $114.00M | $98.48M | $201.63M | $226.96M | $205.49M | $106.98M | $118.50M | $155.63M | $142.47M | $162.56M | $184.73M |
| Revenue growth (YoY) | — | -13.6% | +104.7% | +12.6% | -9.5% | -47.9% | +10.8% | +31.3% | -8.5% | +14.1% | +13.6% |
| Cost of revenue | $81.98M | $79.40M | $126.44M | $126.14M | $118.47M | $68.80M | $74.53M | $99.55M | $91.48M | $100.41M | $114.09M |
| Gross profit | $32.02M | $19.08M | $75.19M | $100.82M | $87.02M | $38.18M | $43.97M | $56.09M | $50.99M | $62.15M | $70.64M |
| Gross margin | 28.1% | 19.4% | 37.3% | 44.4% | 42.3% | 35.7% | 37.1% | 36.0% | 35.8% | 38.2% | 38.2% |
| R&D | $3.00M | $3.30M | $3.00M | $3.80M | $2.80M | $1.90M | $2.10M | $2.70M | $2.50M | $2.00M | $2.00M |
| SG&A | $34.80M | $37.06M | $64.71M | $82.81M | $88.55M | $59.42M | $49.09M | $58.34M | $56.52M | $57.82M | $58.84M |
| Operating income | $-5.78M | $-17.98M | $4.96M | $-206.66M | $-9.49M | $-71.44M | $-5.12M | $-2.25M | $-5.53M | $4.33M | $11.80M |
| Operating margin | -5.1% | -18.3% | 2.5% | -91.1% | -4.6% | -66.8% | -4.3% | -1.4% | -3.9% | 2.7% | 6.4% |
| EBITDA | $47.14M | $5.11M | $39.13M | $-188.48M | $295000.00 | $-39.20M | $1.72M | $4.73M | $1.86M | $13.98M | $17.68M |
| EBITDA margin | 41.3% | 5.2% | 19.4% | -83.0% | 0.1% | -36.6% | 1.4% | 3.0% | 1.3% | 8.6% | 9.6% |
| EBIT | $19.86M | $-20.46M | $11.48M | $-206.32M | $-10.14M | $-45.09M | $-2.78M | $414000.00 | $-2.76M | $8.67M | $11.80M |
| Interest expense | $8.06M | $6.29M | $4.31M | $1.96M | $1.93M | $1.80M | $733000.00 | $1.01M | $586000.00 | $414000.00 | $251000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $28.02M | $-17.93M | $2.10M | $-190.32M | $-32.82M | $-57.60M | $-4.73M | $-1.10M | $-3.15M | $6.59M | $23.75M |
| Net income growth (YoY) | — | -164.0% | +111.7% | -9154.1% | +82.8% | -75.5% | +91.8% | +76.7% | -186.1% | +309.1% | +260.2% |
| Profit margin | 24.6% | -18.2% | 1.0% | -83.9% | -16.0% | -53.8% | -4.0% | -0.7% | -2.2% | 4.1% | 12.9% |