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
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