Precision Drilling (PDS) Change in Taxes (2009 - 2026)
Precision Drilling's (PDS) quarterly Change in Taxes came in at $2.9 million in Q2 2026, down 51.09% YoY from $6.0 million in Q2 2025, and down 56.57% on a QoQ basis from $6.7 million in Q1 2026.
Precision Drilling (PDS) Change in Taxes (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has 18 years of Change in Taxes data on file, last reported at $2.9 million in Q2 2026.
- Quarterly Change in Taxes fell 51.09% year-over-year to $2.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $31.7 million (up 4.8% YoY) and the FY2025 annual result came in at $37.8 million, up 22.18% from the prior year.
- Change in Taxes retreated to $2.9 million in Q2 2026, from $6.7 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $24.5 million in Q3 2025 to a low of -$50.4 million in Q4 2023.
- A 5-year average of $4.3 million and a median of $6.3 million in 2025 frame the typical range for Change in Taxes.
- The widest YoY moves for Change in Taxes: up 2325.15% in 2023, down 836.53% in 2023.
- Tracing PDS's Change in Taxes over 5 years: stood at $6.8 million in 2022, then sank by 836.53% to -$50.4 million in 2023, then surged by 108.12% to $4.1 million in 2024, then slumped by 160.35% to -$2.5 million in 2025, then soared by 218.14% to $2.9 million in 2026.
- The last three Change in Taxes figures came in at $2.9 million (Q2 2026), $6.7 million (Q1 2026), and -$2.5 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | - |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | - |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | - |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | - |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | - |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | -5.45 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 2.92 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.92 Mn |
| Jun 30, 2026 | 2.92 Mn |
| 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 |