Precision Drilling (PDS) Consolidated Net Income (2009 - 2026)
Precision Drilling (PDS) reported Consolidated Net Income of $13.0 million for Q1 2026, down 46.57% on a YoY basis from $24.4 million in Q1 2025, and up 143.34% quarter-over-quarter from -$30.0 million in Q4 2025.
Precision Drilling (PDS) Consolidated Net Income (2009 - 2026) Analysis & Trends
Precision Drilling has reported Consolidated Net Income for 18 years, with the latest figure at $13.0 million in Q1 2026.
- For the quarter ending Q1 2026, Consolidated Net Income fell 46.57% year-over-year to $13.0 million; the trailing twelve-month figure through Mar 2026 stood at -$9.8 million (down 112.44% YoY), and the FY2025 full-year result was $2.2 million, down 97.28% from the prior year.
- Consolidated Net Income for Q1 2026 stood at $13.0 million, up from -$30.0 million in the prior quarter.
- The five-year high for Consolidated Net Income was $107.8 million in Q4 2023, with the low at -$34.6 million in Q1 2022.
- Historically, Consolidated Net Income has averaged $16.6 million across 5 years, with a median of $14.8 million in 2023.
- Annual changes were most pronounced in 2023 — Consolidated Net Income soared 4100.12% — and 2025, when it sank 380.91%.
- Precision Drilling's Consolidated Net Income stood at $2.6 million in 2022, then soared by 4100.12% to $107.8 million in 2023, then slumped by 90.08% to $10.7 million in 2024, then slumped by 380.91% to -$30.0 million in 2025, then surged by 143.34% to $13.0 million in 2026.
- The last three Consolidated Net Income figures came in at $13.0 million (Q1 2026), -$30.0 million (Q4 2025), and -$4.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 13.01 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 120.73 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 71.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -24.48 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -55.86 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | -7.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -197.03 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 9.32 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -6.80 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | -8.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.01 Mn |
| Dec 31, 2025 | -30.02 Mn |
| Sep 30, 2025 | -4.70 Mn |
| Jun 30, 2025 | 11.90 Mn |
| Mar 31, 2025 | 24.36 Mn |
| Dec 31, 2024 | 10.69 Mn |
| Sep 30, 2024 | 28.72 Mn |
| Jun 30, 2024 | 15.14 Mn |
| Mar 31, 2024 | 27.10 Mn |
| Dec 31, 2023 | 107.77 Mn |
| Sep 30, 2023 | 14.76 Mn |
| Jun 30, 2023 | 20.03 Mn |
| Mar 31, 2023 | 70.89 Mn |
| Dec 31, 2022 | 2.57 Mn |
| Sep 30, 2022 | 23.52 Mn |
| Jun 30, 2022 | -19.30 Mn |
| Mar 31, 2022 | -34.61 Mn |
| Dec 31, 2021 | -21.69 Mn |
| Sep 30, 2021 | -30.21 Mn |
| Jun 30, 2021 | -61.76 Mn |