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
Download Data| Date | Value |
|---|---|
| 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 |