Precision Drilling (PDS) Cost of Revenue (2009 - 2026)
Precision Drilling (PDS) reported Cost of Revenue of $268.37 million for Q3 2026, up 17.7% from $228.04 million a year earlier and up 12.7% from the prior quarter.
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Analysis
Precision Drilling (PDS) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Precision Drilling's Cost of Revenue came in at $1 billion, up 13.9% year-over-year; for FY2025, it was $887.24 million, down 2.7% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of 15.3% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $912.04 million in FY2024 (+2.2%), $892.77 million in FY2023 (+3.2%), $865 million in FY2022 (+55.3%) and $557.09 million in FY2021 (+27.9%).
- The Q3 2026 figure ranks as the highest quarterly Cost of Revenue since Q4 2014.
- Year over year, Cost of Revenue has now increased in each of the last four quarters, with growth averaging 4.8% over the last eight quarters.
- The high point for year-over-year Cost of Revenue in five years was Q4 2021 (growth of 74.8%); the low point was Q1 2025 (a decline of 9.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $238.05 million (Q2 2026), $262.78 million (Q1 2026) and $231.63 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 7.88 Bn |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 6.07 Bn |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 4.86 Bn |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 2.17 Bn |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 500.54 Mn |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 1.79 Bn |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 769.00 Mn |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 589.00 Mn |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 417.30 Mn |
| 10 | Precision Drilling | 1.32 Bn | 1.17 Bn | 111.41 Mn | 268.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 268.37 Mn |
| Jun 30, 2026 | 238.05 Mn |
| Mar 31, 2026 | 262.78 Mn |
| Dec 31, 2025 | 231.63 Mn |
| Sep 30, 2025 | 228.04 Mn |
| Jun 30, 2025 | 197.57 Mn |
| Mar 31, 2025 | 229.33 Mn |
| Dec 31, 2024 | 223.56 Mn |
| Sep 30, 2024 | 228.32 Mn |
| Jun 30, 2024 | 208.67 Mn |
| Mar 31, 2024 | 251.95 Mn |
| Dec 31, 2023 | 232.49 Mn |
| Sep 30, 2023 | 214.83 Mn |
| Jun 30, 2023 | 193.68 Mn |
| Mar 31, 2023 | 251.40 Mn |
| Dec 31, 2022 | 250.63 Mn |
| Sep 30, 2022 | 218.42 Mn |
| Jun 30, 2022 | 188.67 Mn |
| Mar 31, 2022 | 204.45 Mn |
| Dec 31, 2021 | 168.30 Mn |
API Access
Precision Drilling Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "PDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();