Nextier Oilfield Solutions Inc
NYSE:NEX
Income Statement
Earnings Waterfall
Nextier Oilfield Solutions Inc
Revenue
|
3.6B
USD
|
Cost of Revenue
|
-2.7B
USD
|
Gross Profit
|
981.8m
USD
|
Operating Expenses
|
-391.1m
USD
|
Operating Income
|
590.7m
USD
|
Other Expenses
|
51.1m
USD
|
Net Income
|
641.8m
USD
|
Income Statement
Nextier Oilfield Solutions Inc
Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||
Revenue |
324
N/A
|
421
+30%
|
600
+43%
|
831
+39%
|
1 192
+43%
|
1 542
+29%
|
1 815
+18%
|
2 070
+14%
|
2 152
+4%
|
2 137
-1%
|
2 046
-4%
|
1 895
-7%
|
1 780
-6%
|
1 822
+2%
|
2 028
+11%
|
1 796
-11%
|
1 516
-16%
|
1 203
-21%
|
803
-33%
|
899
+12%
|
1 129
+26%
|
1 423
+26%
|
1 830
+29%
|
2 381
+30%
|
2 884
+21%
|
3 245
+13%
|
3 545
+9%
|
3 648
+3%
|
|
Gross Profit | |||||||||||||||||||||||||||||
Cost of Revenue |
(324)
|
(403)
|
(573)
|
(766)
|
(1 037)
|
(1 281)
|
(1 462)
|
(1 631)
|
(1 677)
|
(1 660)
|
(1 595)
|
(1 472)
|
(1 368)
|
(1 404)
|
(1 578)
|
(1 433)
|
(1 249)
|
(1 033)
|
(738)
|
(829)
|
(1 023)
|
(1 255)
|
(1 562)
|
(1 943)
|
(2 281)
|
(2 490)
|
(2 639)
|
(2 666)
|
|
Gross Profit |
(0)
N/A
|
18
N/A
|
27
+53%
|
65
+140%
|
155
+137%
|
261
+68%
|
353
+35%
|
439
+24%
|
475
+8%
|
477
+0%
|
451
-5%
|
423
-6%
|
412
-3%
|
418
+1%
|
449
+8%
|
363
-19%
|
266
-27%
|
170
-36%
|
65
-62%
|
71
+8%
|
106
+49%
|
168
+59%
|
268
+59%
|
438
+64%
|
603
+38%
|
755
+25%
|
906
+20%
|
982
+8%
|
|
Operating Income | |||||||||||||||||||||||||||||
Operating Expenses |
(138)
|
(130)
|
(166)
|
(178)
|
(214)
|
(242)
|
(298)
|
(327)
|
(348)
|
(373)
|
(379)
|
(398)
|
(397)
|
(416)
|
(465)
|
(476)
|
(480)
|
(446)
|
(365)
|
(314)
|
(297)
|
(294)
|
(323)
|
(356)
|
(368)
|
(375)
|
(383)
|
(391)
|
|
Selling, General & Administrative |
(49)
|
(29)
|
(50)
|
(57)
|
(76)
|
(83)
|
(109)
|
(111)
|
(110)
|
(114)
|
(108)
|
(117)
|
(116)
|
(124)
|
(159)
|
(164)
|
(163)
|
(144)
|
(103)
|
(86)
|
(98)
|
(109)
|
(129)
|
(144)
|
(144)
|
(146)
|
(150)
|
(154)
|
|
Depreciation & Amortization |
(88)
|
(101)
|
(115)
|
(120)
|
(138)
|
(159)
|
(189)
|
(216)
|
(238)
|
(259)
|
(271)
|
(281)
|
(282)
|
(292)
|
(307)
|
(312)
|
(317)
|
(302)
|
(262)
|
(228)
|
(199)
|
(184)
|
(193)
|
(212)
|
(223)
|
(229)
|
(233)
|
(237)
|
|
Operating Income |
(138)
N/A
|
(113)
+18%
|
(139)
-23%
|
(113)
+19%
|
(59)
+47%
|
19
N/A
|
55
+186%
|
112
+105%
|
127
+13%
|
104
-18%
|
72
-31%
|
25
-65%
|
15
-43%
|
2
-88%
|
(16)
N/A
|
(113)
-593%
|
(214)
-89%
|
(276)
-29%
|
(300)
-9%
|
(243)
+19%
|
(191)
+21%
|
(125)
+34%
|
(55)
+56%
|
82
N/A
|
235
+186%
|
379
+61%
|
524
+38%
|
591
+13%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||
Interest Income Expense |
(34)
|
(38)
|
(70)
|
(65)
|
(62)
|
(59)
|
(26)
|
(36)
|
(35)
|
(34)
|
(32)
|
(23)
|
(22)
|
(22)
|
(23)
|
(23)
|
(23)
|
(21)
|
(19)
|
(19)
|
(20)
|
(25)
|
(28)
|
(29)
|
(30)
|
(28)
|
(27)
|
(27)
|
|
Non-Reccuring Items |
(3)
|
(38)
|
0
|
0
|
(1)
|
(24)
|
1
|
(2)
|
(3)
|
(19)
|
(5)
|
(1)
|
(7)
|
(86)
|
(118)
|
(131)
|
(131)
|
(55)
|
(12)
|
13
|
16
|
31
|
18
|
(17)
|
(30)
|
(38)
|
(34)
|
(22)
|
|
Total Other Income |
0
|
1
|
1
|
4
|
5
|
28
|
1
|
(3)
|
11
|
12
|
13
|
13
|
(2)
|
1
|
1
|
3
|
(1)
|
7
|
3
|
3
|
7
|
2
|
10
|
10
|
20
|
7
|
1
|
2
|
|
Pre-Tax Income |
(174)
N/A
|
(187)
-7%
|
(208)
-11%
|
(173)
+17%
|
(117)
+33%
|
(36)
+69%
|
31
N/A
|
72
+131%
|
100
+40%
|
64
-37%
|
48
-25%
|
14
-71%
|
(17)
N/A
|
(105)
-519%
|
(156)
-48%
|
(263)
-69%
|
(368)
-40%
|
(345)
+6%
|
(328)
+5%
|
(247)
+25%
|
(188)
+24%
|
(118)
+37%
|
(55)
+53%
|
46
N/A
|
196
+328%
|
320
+63%
|
464
+45%
|
544
+17%
|
|
Net Income | |||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
(0)
|
(1)
|
(2)
|
1
|
(2)
|
(0)
|
(2)
|
(4)
|
(2)
|
(4)
|
(0)
|
(1)
|
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(3)
|
(5)
|
97
|
98
|
|
Income from Continuing Operations |
(174)
|
(187)
|
(208)
|
(174)
|
(119)
|
(35)
|
29
|
72
|
98
|
59
|
46
|
10
|
(17)
|
(106)
|
(156)
|
(264)
|
(370)
|
(347)
|
(330)
|
(249)
|
(190)
|
(119)
|
(56)
|
44
|
193
|
315
|
560
|
642
|
|
Net Income (Common) |
(174)
N/A
|
(187)
-7%
|
(208)
-11%
|
(174)
+16%
|
(119)
+32%
|
(36)
+70%
|
28
N/A
|
71
+153%
|
97
+38%
|
59
-39%
|
46
-23%
|
10
-78%
|
(17)
N/A
|
(106)
-521%
|
(156)
-47%
|
(264)
-69%
|
(370)
-40%
|
(347)
+6%
|
(330)
+5%
|
(249)
+24%
|
(190)
+23%
|
(119)
+37%
|
(56)
+53%
|
44
N/A
|
193
+337%
|
315
+63%
|
560
+78%
|
642
+15%
|
|
EPS (Diluted) |
-1.99
N/A
|
-2.14
-8%
|
-2.02
+6%
|
-1.69
+16%
|
-1.06
+37%
|
-0.33
+69%
|
0.25
N/A
|
0.64
+156%
|
0.88
+38%
|
0.54
-39%
|
0.43
-20%
|
0.08
-81%
|
-0.17
N/A
|
-0.86
-406%
|
-0.73
+15%
|
-1.23
-68%
|
-1.72
-40%
|
-1.62
+6%
|
-1.54
+5%
|
-1.16
+25%
|
-0.84
+28%
|
-0.53
+37%
|
-0.22
+58%
|
0.16
N/A
|
0.77
+381%
|
1.26
+64%
|
2.36
+87%
|
2.75
+17%
|