Growth Metrics

Precision Drilling (PDS) Cost of Revenue (2009 - 2026)

Precision Drilling posted quarterly Cost of Revenue of $262.8 million for Q1 2026, up 14.58% year-on-year from $229.3 million in Q1 2025, and up 13.45% on a QoQ basis from $231.6 million in Q4 2025.

Precision Drilling (PDS) has 18 years of Cost of Revenue data on file, last reported at $262.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 14.58% year-over-year to $262.8 million; the trailing twelve-month figure through Mar 2026 stood at $920.0 million (up 3.38% YoY), and the FY2025 full-year result was $887.2 million, down 0.74% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $262.8 million, up from $231.6 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $262.8 million in Q1 2026 and bottomed at $188.7 million in Q2 2022.
  • The 5-year median for Cost of Revenue is $228.0 million (2025), against an average of $224.5 million.
  • The widest annual swing landed in 2022, when Cost of Revenue surged 64.54%; it then fell 8.98% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $250.6 million in 2022, then dropped by 7.24% to $232.5 million in 2023, then declined by 3.84% to $223.6 million in 2024, then grew by 3.61% to $231.6 million in 2025, then advanced by 13.45% to $262.8 million in 2026.
  • The last three Cost of Revenue figures came in at $262.8 million (Q1 2026), $231.6 million (Q4 2025), and $228.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 262.78 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 30.11 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 606.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 581.49 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 24.80 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn 181.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 68.03 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn 493.47 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn - -

Historic Data

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DateValue
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
Dec 31, 2023 232.49 Mn
Dec 31, 2023 232.49 Mn
Sep 30, 2023 214.83 Mn
Sep 30, 2023 214.83 Mn
Jun 30, 2023 193.68 Mn
Jun 30, 2023 193.68 Mn
Mar 31, 2023 251.40 Mn
Mar 31, 2023 251.40 Mn
Dec 31, 2022 250.63 Mn
Dec 31, 2022 250.63 Mn
Sep 30, 2022 218.42 Mn
Sep 30, 2022 218.42 Mn
Jun 30, 2022 188.67 Mn
Jun 30, 2022 188.67 Mn
Mar 31, 2022 204.45 Mn
Mar 31, 2022 204.45 Mn
Dec 31, 2021 168.30 Mn
Dec 31, 2021 168.30 Mn
Sep 30, 2021 146.51 Mn
Sep 30, 2021 146.51 Mn
Jun 30, 2021 114.67 Mn
Jun 30, 2021 114.67 Mn
Mar 31, 2021 126.91 Mn
Mar 31, 2021 126.91 Mn
Dec 31, 2020 96.26 Mn
Dec 31, 2020 96.26 Mn
Sep 30, 2020 77.40 Mn
Sep 30, 2020 77.40 Mn
Jun 30, 2020 76.85 Mn
Jun 30, 2020 76.85 Mn
Mar 31, 2020 185.15 Mn
Mar 31, 2020 185.15 Mn
Dec 31, 2019 183.10 Mn
Dec 31, 2019 183.10 Mn
Sep 30, 2019 194.40 Mn
Sep 30, 2019 194.40 Mn
Jun 30, 2019 188.38 Mn
Jun 30, 2019 188.38 Mn
Mar 31, 2019 217.02 Mn
Mar 31, 2019 217.02 Mn
Dec 31, 2018 216.09 Mn
Dec 31, 2018 216.09 Mn
Sep 30, 2018 207.76 Mn
Sep 30, 2018 207.76 Mn
Jun 30, 2018 182.84 Mn
Jun 30, 2018 182.84 Mn
Mar 31, 2018 217.24 Mn
Mar 31, 2018 217.24 Mn
Dec 31, 2017 184.05 Mn
Dec 31, 2017 184.05 Mn
Sep 30, 2017 174.58 Mn
Sep 30, 2017 174.58 Mn
Jun 30, 2017 139.88 Mn
Jun 30, 2017 139.88 Mn
Mar 31, 2017 195.70 Mn
Mar 31, 2017 195.70 Mn
Dec 31, 2016 154.87 Mn
Dec 31, 2016 154.87 Mn
Sep 30, 2016 99.31 Mn
Sep 30, 2016 99.31 Mn
Jun 30, 2016 86.67 Mn
Jun 30, 2016 86.67 Mn
Mar 31, 2016 125.19 Mn
Mar 31, 2016 125.19 Mn
Dec 31, 2015 147.84 Mn
Dec 31, 2015 147.84 Mn
Sep 30, 2015 173.08 Mn
Sep 30, 2015 173.08 Mn
Jun 30, 2015 171.56 Mn
Jun 30, 2015 171.56 Mn
Mar 31, 2015 242.83 Mn
Mar 31, 2015 242.83 Mn
Dec 31, 2014 315.88 Mn
Dec 31, 2014 315.88 Mn
Sep 30, 2014 319.76 Mn
Sep 30, 2014 319.76 Mn
Jun 30, 2014 278.89 Mn
Jun 30, 2014 278.89 Mn
Mar 31, 2014 358.76 Mn
Mar 31, 2014 358.76 Mn
Dec 31, 2013 319.83 Mn
Dec 31, 2013 319.83 Mn
Sep 30, 2013 300.86 Mn
Sep 30, 2013 300.86 Mn
Jun 30, 2013 253.03 Mn
Jun 30, 2013 253.03 Mn
Mar 31, 2013 341.84 Mn
Mar 31, 2013 341.84 Mn
Dec 31, 2012 329.81 Mn
Dec 31, 2012 329.81 Mn
Sep 30, 2012 301.62 Mn
Sep 30, 2012 301.62 Mn
Jun 30, 2012 257.11 Mn
Jun 30, 2012 257.11 Mn
Mar 31, 2012 356.59 Mn
Mar 31, 2012 356.59 Mn
Dec 31, 2011 314.37 Mn
Dec 31, 2011 314.37 Mn
Sep 30, 2011 288.60 Mn
Sep 30, 2011 288.60 Mn
Jun 30, 2011 230.02 Mn
Jun 30, 2011 230.02 Mn
Mar 31, 2011 308.65 Mn
Mar 31, 2011 308.65 Mn
Dec 31, 2010 252.49 Mn
Dec 31, 2010 252.49 Mn
Sep 30, 2010 214.11 Mn
Sep 30, 2010 214.11 Mn
Jun 30, 2010 173.94 Mn
Jun 30, 2010 173.94 Mn
Mar 31, 2010 220.87 Mn
Mar 31, 2010 220.87 Mn
Dec 31, 2009 160.85 Mn
Dec 31, 2009 160.85 Mn
Sep 30, 2009 130.31 Mn
Sep 30, 2009 130.31 Mn
Jun 30, 2009 107.53 Mn
Jun 30, 2009 107.53 Mn
Mar 31, 2009 204.18 Mn
Mar 31, 2009 204.18 Mn