Precision Drilling (PDS) Cost of Revenue (2009 - 2026)
Precision Drilling (PDS) reported Cost of Revenue of $262.8 million for Q1 2026, up 14.58% on a YoY basis from $229.3 million in Q1 2025, and up 13.45% quarter-over-quarter from $231.6 million in Q4 2025.
Precision Drilling (PDS) Cost of Revenue (2009 - 2026) Analysis & Trends
Precision Drilling has reported Cost of Revenue for 18 years, with the latest figure 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 2.72% from the prior year.
- Cost of Revenue for Q1 2026 stood at $262.8 million, up from $231.6 million in the prior quarter.
- The five-year high for Cost of Revenue was $262.8 million in Q1 2026, with the low at $188.7 million in Q2 2022.
- Historically, Cost of Revenue has averaged $224.5 million across 5 years, with a median of $228.0 million in 2025.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 64.54% — and 2025, when it fell 8.98%.
- Precision Drilling's Cost of Revenue 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 gained 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 | 156.90 Bn | 156.84 Bn | 120.82 Mn | 262.78 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 30.11 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 606.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 581.49 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 24.80 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 181.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 68.03 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 493.47 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 373.40 Mn |
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 |