NCS Multistage Holdings, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $183.6M | $162.6M | $142.5M | $155.6M | $118.5M |
| Operating income | $10.5M | $4.3M | -$5.5M | -$2.3M | -$5.1M |
| Cost of revenue | — | — | $86.9M | $95.2M | $70.0M |
| Cash from operations | $22.2M | $12.7M | $4.8M | -$1.4M | $11.6M |
| Capital expenditure | $1.2M | $1.3M | $1.9M | $1.0M | $495,000 |
| Free cash flow | $21.0M | $11.4M | $2.9M | -$2.5M | $11.1M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
| Total assets | $181.2M | $152.8M | $152.0M | $138.6M | $142.3M |
| Total liabilities | $38.1M | $36.7M | $42.6M | $29.3M | $31.7M |
Shares outstanding 2.6M · Free float 1.6%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.