Rankings
▼
Calendar
NCSM (NCS Multistage Holdings, Inc.) Stock Financials & Earnings | Market Cap Arena
NCSM
NCS Multistage Holdings, Inc.
Mkt Cap
$155M
Energy
·
Oil & Gas Equipment & Services
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$185M
Net Income (TTM)
$24M
EPS (TTM)
$8.56
Free Cash Flow (TTM)
$21M
Gross Margin
38.2%
Op. Margin
6.4%
Net Margin
13.2%
FCF Margin
11.3%
P/S Ratio (TTM)
0.8x
P/E Ratio (TTM)
6.3x
YoY Rev Growth
+13.6%
Employees
—
Earnings Reports
▶
Q4 2025
NEW
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$44M
$17M
$1M
Q2 23
$25M
$7M
-$7M
Q3 23
$38M
$15M
$2M
Q4 23
$35M
$12M
-$2M
Q1 24
$44M
$16M
$3M
Q2 24
$30M
$11M
-$4M
Q3 24
$44M
$17M
$3M
Q4 24
$45M
$18M
$3M
Q1 25
$50M
$20M
$4M
Q2 25
$36M
$12M
-$2M
Q3 25
$47M
$18M
$3M
Q4 25
$52M
$21M
$6M
marketcaparena.com
Revenue Breakdown
NCSM
NCS Multistage Holdings, Inc.
Revenue Breakdown
Q4 2025
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
1.0x
—
Q2 23
1.0x
—
Q3 23
1.0x
—
Q4 23
1.1x
—
Q1 24
1.1x
11.1x
Q2 24
1.1x
3.6x
Q3 24
1.0x
3.6x
Q4 24
1.0x
23.5x
Q1 25
0.9x
18.0x
Q2 25
0.9x
12.3x
Q3 25
0.9x
12.6x
Q4 25
0.8x
6.3x
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
-$2M
-$2M
Q2 23
$509K
-$245K
Q3 23
-$404K
-$1M
Q4 23
$6M
$6M
Q1 24
-$2M
-$2M
Q2 24
$6M
$6M
Q3 24
-$2M
-$2M
Q4 24
$11M
$10M
Q1 25
-$2M
-$2M
Q2 25
$4M
$3M
Q3 25
$7M
$7M
Q4 25
$13M
$13M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$564K
Q2 23
$754K
Q3 23
$649K
Q4 23
$225K
Q1 24
$312K
Q2 24
$374K
Q3 24
$467K
Q4 24
$226K
Q1 25
$464K
Q2 25
$281K
Q3 25
$292K
Q4 25
$225K
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+11.4%
+2.3%
Q2 23
-7.5%
-2.6%
Q3 23
-21.7%
-18.8%
Q4 23
-12.3%
-4.1%
Q1 24
+0.7%
-2.2%
Q2 24
+16.9%
+4.1%
Q3 24
+15.0%
+12.5%
Q4 24
+27.7%
+14.3%
Q1 25
+14.0%
+10.5%
Q2 25
+22.8%
+13.7%
Q3 25
+5.8%
+6.1%
Q4 25
+15.0%
+7.6%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$1M
2.9%
Q2 23
$1M
5.0%
Q3 23
$2M
4.3%
Q4 23
$1M
3.3%
Q1 24
$902K
2.1%
Q2 24
$1M
4.0%
Q3 24
$1M
3.0%
Q4 24
$2M
4.0%
Q1 25
$1M
2.9%
Q2 25
$1M
3.8%
Q3 25
$2M
4.6%
Q4 25
$1M
2.3%
marketcaparena.com
OpEx Breakdown
R&D
G&A
SG&A
Quarter
R&D
G&A
SG&A
Q1 23
—
—
$16M
Q2 23
—
—
$14M
Q3 23
—
—
$13M
Q4 23
$3M
—
$13M
Q1 24
—
$14M
—
Q2 24
—
$15M
—
Q3 24
—
—
$14M
Q4 24
$2M
—
$15M
Q1 25
—
$16M
—
Q2 25
—
$14M
—
Q3 25
—
$15M
—
Q4 25
—
—
$14M
marketcaparena.com
Revenue Segments
Product
Service
Quarter
Product
Service
Q3 23
$27M
$11M
Q1 24
$32M
$12M
Q2 24
$19M
$11M
Q3 24
$32M
$12M
Q4 24
$31M
$14M
Q1 25
$35M
$15M
Q2 25
$28M
$9M
Q3 25
$31M
$15M
Q4 25
$34M
$17M
marketcaparena.com
Revenue by Geography
Canada
Other Countries
United States
Quarter
Canada
Other Countries
United States
Q1 24
$32M
$2M
$10M
Q2 24
$12M
$6M
$12M
Q3 24
$29M
$4M
$11M
Q4 24
$30M
$4M
$11M
Q1 25
$38M
$3M
$9M
Q2 25
$18M
$5M
$14M
Q3 25
$24M
$6M
$17M
Q4 25
$28M
$5M
$18M
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$14M
$0
$14M
Q2 23
$14M
$0
$14M
Q3 23
$11M
$0
$11M
Q4 23
$17M
$0
$17M
Q1 24
$14M
$0
$14M
Q2 24
$19M
$0
$19M
Q3 24
$15M
$0
$15M
Q4 24
$26M
$0
$26M
Q1 25
$23M
$0
$23M
Q2 25
$25M
$0
$25M
Q3 25
$25M
$0
$25M
Q4 25
$37M
$0
$37M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
2M
+0.0%
Q2 23
2M
+1.0%
Q3 23
2M
+0.5%
Q4 23
3M
+0.8%
Q1 24
3M
+1.2%
Q2 24
3M
+0.4%
Q3 24
3M
+1.6%
Q4 24
3M
+1.5%
Q1 25
3M
+2.2%
Q2 25
3M
+0.7%
Q3 25
3M
+0.9%
Q4 25
3M
+2.6%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 15
—
—
FY 16
—
—
FY 17
$555K
363
FY 18
$543K
418
FY 19
$520K
395
FY 20
$509K
210
FY 21
$529K
224
FY 22
$594K
262
FY 23
$586K
243
FY 24
$645K
252
FY 25
$679K
272
marketcaparena.com