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
DateValue
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