Precision Drilling (PDS) Cost of Revenue (2009 - 2026)
Precision Drilling's (PDS) quarterly Cost of Revenue came in at $238.1 million in Q2 2026, up 20.49% YoY from $197.6 million in Q2 2025, and down 9.41% on a QoQ basis from $262.8 million in Q1 2026.
Precision Drilling (PDS) Cost of Revenue (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has 18 years of Cost of Revenue data on file, last reported at $238.1 million in Q2 2026.
- Quarterly Cost of Revenue rose 20.49% year-over-year to $238.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $960.5 million (up 9.3% YoY) and the FY2025 annual result came in at $887.2 million, down 0.74% from the prior year.
- Cost of Revenue declined to $238.1 million in Q2 2026, from $262.8 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $262.8 million in Q1 2026 to a low of $188.7 million in Q2 2022.
- A 5-year average of $225.2 million and a median of $228.2 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 64.54% — and 2025, when it fell 8.98%.
- Tracing PDS's Cost of Revenue over 5 years: stood at $250.6 million in 2022, then slipped by 7.24% to $232.5 million in 2023, then dropped by 3.84% to $223.6 million in 2024, then climbed by 3.61% to $231.6 million in 2025, then rose by 2.78% to $238.1 million in 2026.
- The last three Cost of Revenue figures came in at $238.1 million (Q2 2026), $262.8 million (Q1 2026), and $231.6 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | 446.31 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 608.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | 630.72 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 684.91 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 215.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 507.55 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 238.05 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 415.50 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 238.05 Mn |
| Jun 30, 2026 | 238.05 Mn |
| Mar 31, 2026 | 262.78 Mn |
| Mar 31, 2026 | 262.78 Mn |
| Dec 31, 2025 | 231.63 Mn |
| Dec 31, 2025 | 231.63 Mn |
| Sep 30, 2025 | 228.04 Mn |
| Sep 30, 2025 | 228.04 Mn |
| Jun 30, 2025 | 197.57 Mn |
| Jun 30, 2025 | 197.57 Mn |
| Mar 31, 2025 | 229.33 Mn |
| Mar 31, 2025 | 229.33 Mn |
| Dec 31, 2024 | 223.56 Mn |
| Dec 31, 2024 | 223.56 Mn |
| Sep 30, 2024 | 228.32 Mn |
| Sep 30, 2024 | 228.32 Mn |
| Jun 30, 2024 | 208.67 Mn |
| Jun 30, 2024 | 208.67 Mn |
| Mar 31, 2024 | 251.95 Mn |
| Mar 31, 2024 | 251.95 Mn |