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NCS Multistage Holdings, Inc. logo

NCS Multistage Holdings, Inc.

NCSM

NASDAQEnergyOil & Gas Equipment & Services

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Regular session

$48.92

−$0.91 · -1.83%

Aug 24, 3:59 PM ET

NCSM company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

87

Deep Value

Momentum

33

Weakening

Sentiment

63

Bullish

Risk resilience

38

High Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

NCS Multistage Holdings, Inc. furnishes specialized engineered products and supportive services vital for completing oil and natural gas wells and executing field development strategies across the United States, Canada, and various international regions. Its array of offerings includes fracturing systems, featuring advanced components like casing-installed sliding sleeves, subsurface frac isolation assemblies, sand jet perforating tools, Accelus sliding sleeves, injection control devices, and repeat precision products. Additionally, the company provides chemical and radioactive tracer diagnostics, along with general well construction materials. Beyond products, the firm delivers tracer diagnostic services that utilize downhole chemical and radioactive tracers to facilitate accurate well completion and thorough reservoir characterization. These solutions are primarily directed at exploration and production companies for their onshore drilling projects. Sales and distribution are handled by a technically proficient direct sales force, in collaboration with operating partners, or via authorized sales representatives. Founded in 2006, NCS Multistage Holdings, Inc. is headquartered in Houston, Texas, and was formerly known as Pioneer Super Holdings, Inc. until its name change in December 2016.

Industry
Oil & Gas Equipment & Services
Sector
Energy
Headquarters
US
CEO
Ryan Hummer
Listed since
Apr 28, 2017
Employees
272

Market position

Day range

Current $48.92

52-week range

Current $48.92

Open
$48.16
Previous close
$49.83
Volume
0
0× average
Average volume
28.76K
Average daily volume
Market cap
128.39M USD
Beta
0.17
Market reference 1
50-day average
$47.3347
+3.35% above average
200-day average
$47.8216
+2.30% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
78.46M USD
P/E (TTM)
9.13×
P/B (TTM)
1.08×
P/S (TTM)
0.71×
EV / EBITDA
3.42×
Earnings yield
23.23%
Free cash flow yield
20.51%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
37.64%
Operating margin
3.18%
Net margin
7.60%
Return on equity
18.81%
Return on assets
13.11%
Return on invested capital
7.53%

Financial health

Debt / equity
0.06×
Current ratio
4.27×
Altman Z-score
2.04
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends42%25%8%-9%Gross margin, FY2021: 37.11%Gross margin, FY2022: 36.04%Gross margin, FY2023: 35.79%Gross margin, FY2024: 38.23%Gross margin, FY2025: 38.24%Operating margin, FY2021: -4.32%Operating margin, FY2022: -1.45%Operating margin, FY2023: -3.88%Operating margin, FY2024: 2.66%Operating margin, FY2025: 6.39%Net margin, FY2021: -3.99%Net margin, FY2022: -0.71%Net margin, FY2023: -2.21%Net margin, FY2024: 4.06%Net margin, FY2025: 12.86%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 37.11%. Gross margin FY2022 36.04%. Gross margin FY2023 35.79%. Gross margin FY2024 38.23%. Gross margin FY2025 38.24%. Operating margin FY2021 -4.32%. Operating margin FY2022 -1.45%. Operating margin FY2023 -3.88%. Operating margin FY2024 2.66%. Operating margin FY2025 6.39%. Net margin FY2021 -3.99%. Net margin FY2022 -0.71%. Net margin FY2023 -2.21%. Net margin FY2024 4.06%. Net margin FY2025 12.86%.

Income trends

Revenue

184.73M USD+13.64%

Operating income

11.8M USD+172.81%

Net income

23.75M USD+260.20%
Income trends across reported periods203.76M USD127.65M USD51.55M USD−24.56M USDRevenue, FY2021: 118.5M USDRevenue, FY2022: 155.63M USDRevenue, FY2023: 142.47M USDRevenue, FY2024: 162.56M USDRevenue, FY2025: 184.73M USDOperating income, FY2021: −5.12M USDOperating income, FY2022: −2.25M USDOperating income, FY2023: −5.53M USDOperating income, FY2024: 4.33M USDOperating income, FY2025: 11.8M USDNet income, FY2021: −4.73M USDNet income, FY2022: −1.1M USDNet income, FY2023: −3.15M USDNet income, FY2024: 6.59M USDNet income, FY2025: 23.75M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 118.5M USD. Revenue FY2022 155.63M USD. Revenue FY2023 142.47M USD. Revenue FY2024 162.56M USD. Revenue FY2025 184.73M USD. Operating income FY2021 −5.12M USD. Operating income FY2022 −2.25M USD. Operating income FY2023 −5.53M USD. Operating income FY2024 4.33M USD. Operating income FY2025 11.8M USD. Net income FY2021 −4.73M USD. Net income FY2022 −1.1M USD. Net income FY2023 −3.15M USD. Net income FY2024 6.59M USD. Net income FY2025 23.75M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue184.73M USD162.56M USD142.47M USD155.63M USD118.5M USD
Cost of goods sold114.09M USD100.41M USD91.48M USD99.55M USD74.53M USD
Gross profit70.64M USD62.15M USD50.99M USD56.09M USD43.97M USD
Research and development2M USD2M USD2.5M USD2.7M USD2.1M USD
Selling, general, and administrative56.85M USD57.82M USD54.02M USD58.34M USD49.09M USD
Operating expenses58.85M USD57.82M USD56.52M USD58.34M USD49.09M USD
Interest expense251K USD414K USD586K USD1.02M USD733K USD
Depreciation and amortization5.89M USD5.32M USD4.62M USD4.32M USD4.5M USD
Operating income11.8M USD4.33M USD−5.53M USD−2.25M USD−5.12M USD
Net income23.75M USD6.59M USD−3.15M USD−1.1M USD−4.73M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+408.05%
11 comparable reports
Latest EPS result
-1.71
Estimate -0.88 · Miss by 94.32%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.591.05-0.49-2.03Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 10, 2025: actual 2.27, estimate 0.82, surprise +176.83%, Beat. Q2 2025, reported Apr 30, 2025: actual 1.51, estimate 0.64, surprise +135.94%, Beat. Q3 2025, reported Jul 31, 2025: actual 0.34, estimate -1.46, surprise +123.29%, Beat. Q4 2025, reported Oct 29, 2025: actual 1.37, estimate 1.17, surprise +17.09%, Beat. Q1 2026, reported Mar 4, 2026: actual 1.6, estimate 0.7, surprise +128.57%, Beat. Q2 2026, reported Apr 29, 2026: actual -0.14, estimate 1.33, surprise -110.53%, Miss. Q3 2026, reported Jul 30, 2026: actual -1.71, estimate -0.88, surprise -94.32%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 1.35, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates55.02M45.17M35.33M25.48MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 10, 2025: actual 45M USD, estimate 40.6M USD, surprise +10.84%, Beat. Q2 2025, reported Apr 30, 2025: actual 50.01M USD, estimate 44.4M USD, surprise +12.62%, Beat. Q3 2025, reported Jul 31, 2025: actual 36.45M USD, estimate 27.6M USD, surprise +32.08%, Beat. Q4 2025, reported Oct 29, 2025: actual 46.54M USD, estimate 43.6M USD, surprise +6.74%, Beat. Q1 2026, reported Mar 4, 2026: actual 50.63M USD, estimate 44.3M USD, surprise +14.30%, Beat. Q2 2026, reported Apr 29, 2026: actual 45.64M USD, estimate 51.22M USD, surprise -10.89%, Miss. Q3 2026, reported Jul 30, 2026: actual 38.36M USD, estimate 37.6M USD, surprise +2.03%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 52.9M USD, surprise —, Comparison unavailable.

NCSM news

zacks.com

NCS Multistage (NCSM) Reports Q2 Loss, Beats Revenue Estimates

NCS Multistage (NCSM) came out with a quarterly loss of $1.71 per share versus the Zacks Consensus Estimate of a loss of $0.88. This compares to earnings of $0.34 per share a year ago.

Read source
globenewswire.com

NCS Multistage Holdings, Inc. Announces Second Quarter 2026 Results

Second Quarter Results Total revenues of $38.4 million, a 5% year-over-year improvement Net loss of $(4.6) million and loss per share of $(1.71), compared to net income of $0.9 million and diluted earnings per share of…

Read source
globenewswire.com

NCS Multistage Holdings, Inc. to Announce Second Quarter 2026 Financial Results on July 30, 2026

HOUSTON, July 23, 2026 (GLOBE NEWSWIRE) -- NCS Multistage Holdings, Inc. (“NCS” or the “Company”) (NASDAQ:NCSM), a leading provider of highly engineered products and support services that facilitate the optimization of…

Read source
globenewswire.com

Weatherford Announces Second Quarter 2026 Results

Second quarter revenue of $1,105 million decreased 4% sequentially Second quarter operating income of $107 million decreased 13% sequentially Second quarter net income of $39 million decreased 64% sequentially; net…

Read source
prnewswire.com

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into NCS Multistage Holdings, Inc. ("NCSM")

NEW YORK, July 21, 2026 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own NCS Multistage Holdings, Inc. ("NCS" or the "Company") (NASDAQ: NCSM) stock…

Read source
gurufocus.com

$HAREHOLDER ALERT: The M&A Class Action Firm Launches Legal Inquiry for the Merger--NCSM, GBTG, LEG, and LPSN

$HAREHOLDER ALERT: The M&A Class Action Firm Launches Legal Inquiry for the Merger--NCSM, GBTG, LEG, and LPSN PR Newswire

Read source

Corporate actions

Corporate action history

Stock split

Effective Dec 1, 2020

1:20

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ETFs holding NCSM

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
1.27M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$377.15-0.29%
EA Bridgeway Omni Small-Cap Value ETF logoEA Bridgeway Omni Small-Cap Value ETFBSVO
Market value
1.05M
Weight
0.04%
AUM
1.71B USD
Expense ratio
0.47%
Price / 1D
$29.49-0.44%
VictoryShares Small Cap Free Cash Flow ETF logoVictoryShares Small Cap Free Cash Flow ETFSFLO
Market value
614.06K
Weight
0.08%
AUM
778.53M USD
Expense ratio
0.56%
Price / 1D
$39.74-0.08%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
438.04K
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.43-0.86%
Dimensional - US Small Cap ETF logoDimensional - US Small Cap ETFDFAS
Market value
362.97K
Weight
0.00%
AUM
15.92B USD
Expense ratio
0.26%
Price / 1D
$82.575-0.54%
Dimensional - US Small Cap Value ETF logoDimensional - US Small Cap Value ETFDFSV
Market value
184.87K
Weight
0.00%
AUM
8.42B USD
Expense ratio
0.30%
Price / 1D
$40.05-0.60%
Dimensional - US Targeted Value ETF logoDimensional - US Targeted Value ETFDFAT
Market value
167K
Weight
0.00%
AUM
14.66B USD
Expense ratio
0.28%
Price / 1D
$71.38-0.40%
iShares Micro-Cap ETF logoiShares Micro-Cap ETFIWC
Market value
139.02K
Weight
0.01%
AUM
1.53B USD
Expense ratio
0.60%
Price / 1D
$196.32-0.92%

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