Precision Drilling (PDS) Change in Taxes (2010 - 2026)
Precision Drilling posted quarterly Change in Taxes of $6.7 million for Q1 2026, down 32.62% year-on-year from $10.0 million in Q1 2025, and up 372.06% on a QoQ basis from -$2.5 million in Q4 2025.
Precision Drilling (PDS) has 17 years of Change in Taxes data on file, last reported at $6.7 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Taxes fell 32.62% year-over-year to $6.7 million; the trailing twelve-month figure through Mar 2026 stood at $34.7 million (up 8.7% YoY), and the FY2025 full-year result was $37.8 million, up 22.18% from the prior year.
- Change in Taxes for Q1 2026 stood at $6.7 million, up from -$2.5 million in the prior quarter.
- Across five years, Change in Taxes topped out at $24.5 million in Q3 2025 and bottomed at -$50.4 million in Q4 2023.
- The 5-year median for Change in Taxes is $6.7 million (2026), against an average of $4.4 million.
- Peak annual rise in Change in Taxes reached 2325.15% in 2023, while the deepest fall reached 836.53% in 2023.
- A 5-year view of Change in Taxes shows it stood at $6.8 million in 2022, then plunged by 836.53% to -$50.4 million in 2023, then soared by 108.12% to $4.1 million in 2024, then sank by 160.35% to -$2.5 million in 2025, then surged by 372.06% to $6.7 million in 2026.
- The last three Change in Taxes figures came in at $6.7 million (Q1 2026), -$2.5 million (Q4 2025), and $24.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 6.72 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | - |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | - |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | - |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 3.21 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.72 Mn |
| Mar 31, 2026 | 6.72 Mn |
| Dec 31, 2025 | -2.47 Mn |
| Dec 31, 2025 | -2.47 Mn |
| Sep 30, 2025 | 24.49 Mn |
| Sep 30, 2025 | 24.49 Mn |
| Jun 30, 2025 | 5.97 Mn |
| Jun 30, 2025 | 5.97 Mn |
| Mar 31, 2025 | 9.97 Mn |
| Mar 31, 2025 | 9.97 Mn |
| Dec 31, 2024 | 4.09 Mn |
| Dec 31, 2024 | 4.09 Mn |
| Sep 30, 2024 | 10.17 Mn |
| Sep 30, 2024 | 10.17 Mn |
| Jun 30, 2024 | 7.69 Mn |
| Jun 30, 2024 | 7.69 Mn |
| Mar 31, 2024 | 9.74 Mn |
| Mar 31, 2024 | 9.74 Mn |
| Dec 31, 2023 | -50.39 Mn |
| Dec 31, 2023 | -50.39 Mn |
| Sep 30, 2023 | 5.89 Mn |
| Sep 30, 2023 | 5.89 Mn |
| Jun 30, 2023 | 13.98 Mn |
| Jun 30, 2023 | 13.98 Mn |
| Mar 31, 2023 | 13.65 Mn |
| Mar 31, 2023 | 13.65 Mn |
| Dec 31, 2022 | 6.84 Mn |
| Dec 31, 2022 | 6.84 Mn |
| Sep 30, 2022 | 4.85 Mn |
| Sep 30, 2022 | 4.85 Mn |
| Jun 30, 2022 | 3.00 Mn |
| Jun 30, 2022 | 3.00 Mn |
| Mar 31, 2022 | 562,895.96 |
| Mar 31, 2022 | 562,895.96 |
| Dec 31, 2021 | 529,155.17 |
| Dec 31, 2021 | 529,155.17 |
| Sep 30, 2021 | -2.79 Mn |
| Sep 30, 2021 | -2.79 Mn |
| Jun 30, 2021 | -704,514.52 |
| Jun 30, 2021 | -704,514.52 |
| Mar 31, 2021 | -1.34 Mn |
| Mar 31, 2021 | -1.34 Mn |
| Dec 31, 2020 | 6.11 Mn |
| Dec 31, 2020 | 6.11 Mn |
| Sep 30, 2020 | 666,376.22 |
| Sep 30, 2020 | 666,376.22 |
| Jun 30, 2020 | 2.63 Mn |
| Jun 30, 2020 | 2.63 Mn |
| Mar 31, 2020 | -1.15 Mn |
| Mar 31, 2020 | -1.15 Mn |
| Dec 31, 2019 | -9.11 Mn |
| Dec 31, 2019 | -9.11 Mn |
| Sep 30, 2019 | -3.75 Mn |
| Sep 30, 2019 | -3.75 Mn |
| Jun 30, 2019 | -4.61 Mn |
| Jun 30, 2019 | -4.61 Mn |
| Mar 31, 2019 | 6.16 Mn |
| Mar 31, 2019 | 6.16 Mn |
| Dec 31, 2018 | -1.77 Mn |
| Dec 31, 2018 | -1.77 Mn |
| Sep 30, 2018 | -7.10 Mn |
| Sep 30, 2018 | -7.10 Mn |
| Jun 30, 2018 | -10.12 Mn |
| Jun 30, 2018 | -10.12 Mn |
| Mar 31, 2018 | -3.68 Mn |
| Mar 31, 2018 | -3.68 Mn |
| Dec 31, 2017 | -13.62 Mn |
| Dec 31, 2017 | -13.62 Mn |
| Sep 30, 2017 | -17.99 Mn |
| Sep 30, 2017 | -17.99 Mn |
| Jun 30, 2017 | -27.43 Mn |
| Jun 30, 2017 | -27.43 Mn |
| Mar 31, 2017 | -17.58 Mn |
| Mar 31, 2017 | -17.58 Mn |
| Dec 31, 2016 | -38.36 Mn |
| Dec 31, 2016 | -38.36 Mn |
| Sep 30, 2016 | -27.90 Mn |
| Sep 30, 2016 | -27.90 Mn |
| Jun 30, 2016 | -39.14 Mn |
| Jun 30, 2016 | -39.14 Mn |
| Mar 31, 2016 | -10.96 Mn |
| Mar 31, 2016 | -10.96 Mn |
| Dec 31, 2015 | -109.23 Mn |
| Dec 31, 2015 | -109.23 Mn |
| Sep 30, 2015 | -35.47 Mn |
| Sep 30, 2015 | -35.47 Mn |
| Jun 30, 2015 | -34.64 Mn |
| Jun 30, 2015 | -34.64 Mn |
| Mar 31, 2015 | 25.86 Mn |
| Mar 31, 2015 | 25.86 Mn |
| Dec 31, 2014 | -30.78 Mn |
| Dec 31, 2014 | -30.78 Mn |
| Sep 30, 2014 | 7.35 Mn |
| Sep 30, 2014 | 7.35 Mn |
| Jun 30, 2014 | 5.21 Mn |
| Jun 30, 2014 | 5.21 Mn |
| Mar 31, 2014 | 8.36 Mn |
| Mar 31, 2014 | 8.36 Mn |
| Dec 31, 2013 | 19.11 Mn |
| Dec 31, 2013 | 19.11 Mn |
| Sep 30, 2013 | -3.49 Mn |
| Sep 30, 2013 | -3.49 Mn |
| Jun 30, 2013 | -3.66 Mn |
| Jun 30, 2013 | -3.66 Mn |
| Mar 31, 2013 | 17.59 Mn |
| Mar 31, 2013 | 17.59 Mn |
| Dec 31, 2012 | -61.73 Mn |
| Dec 31, 2012 | -61.73 Mn |
| Sep 30, 2012 | 7.90 Mn |
| Sep 30, 2012 | 7.90 Mn |
| Jun 30, 2012 | -3.73 Mn |
| Jun 30, 2012 | -3.73 Mn |
| Mar 31, 2012 | 32.34 Mn |
| Mar 31, 2012 | 32.34 Mn |
| Dec 31, 2011 | -10.19 Mn |
| Dec 31, 2011 | -10.19 Mn |
| Sep 30, 2011 | 38.99 Mn |
| Sep 30, 2011 | 38.99 Mn |
| Jun 30, 2011 | 8.18 Mn |
| Jun 30, 2011 | 8.18 Mn |
| Mar 31, 2011 | 11.84 Mn |
| Mar 31, 2011 | 11.84 Mn |
| Dec 31, 2010 | -20.87 Mn |
| Dec 31, 2010 | -20.87 Mn |
| Sep 30, 2010 | -1.82 Mn |
| Sep 30, 2010 | -1.82 Mn |
| Jun 30, 2010 | 6.07 Mn |
| Jun 30, 2010 | 6.07 Mn |
| Mar 31, 2010 | -522,200.04 |
| Mar 31, 2010 | -522,200.04 |