Precision Drilling (PDS) Deferred Taxes (2010 - 2026)
Precision Drilling (PDS) reported Deferred Taxes of $6.2 million for Q1 2026, down 32.54% on a YoY basis from $9.2 million in Q1 2025, and up 351.33% quarter-over-quarter from -$2.5 million in Q4 2025.
Precision Drilling (PDS) Deferred Taxes (2010 - 2026) Analysis & Trends
Precision Drilling has reported Deferred Taxes for 17 years, with the latest figure at $6.2 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes fell 32.54% year-over-year to $6.2 million; the trailing twelve-month figure through Mar 2026 stood at $32.6 million (up 23.12% YoY), and the FY2025 full-year result was $35.4 million, up 35.7% from the prior year.
- Deferred Taxes for Q1 2026 stood at $6.2 million, up from -$2.5 million in the prior quarter.
- The five-year high for Deferred Taxes was $23.7 million in Q3 2025, with the low at -$50.7 million in Q4 2023.
- Historically, Deferred Taxes has averaged $3.5 million across 5 years, with a median of $5.5 million in 2022.
- Annual changes were most pronounced in 2022 — Deferred Taxes soared 9496.57% — and 2023, when it slumped 1019.95%.
- Precision Drilling's Deferred Taxes stood at $5.5 million in 2022, then tumbled by 1019.95% to -$50.7 million in 2023, then soared by 104.1% to $2.1 million in 2024, then sank by 218.72% to -$2.5 million in 2025, then surged by 351.33% to $6.2 million in 2026.
- The last three Deferred Taxes figures came in at $6.2 million (Q1 2026), -$2.5 million (Q4 2025), and $23.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 6.21 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 46.34 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | -73.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -3.79 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -13.17 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 17.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 5.06 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 200,000.00 |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 9.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.21 Mn |
| Dec 31, 2025 | -2.47 Mn |
| Sep 30, 2025 | 23.66 Mn |
| Jun 30, 2025 | 5.19 Mn |
| Mar 31, 2025 | 9.20 Mn |
| Dec 31, 2024 | 2.08 Mn |
| Sep 30, 2024 | 8.49 Mn |
| Jun 30, 2024 | 6.70 Mn |
| Mar 31, 2024 | 8.98 Mn |
| Dec 31, 2023 | -50.75 Mn |
| Sep 30, 2023 | 4.36 Mn |
| Jun 30, 2023 | 13.15 Mn |
| Mar 31, 2023 | 13.03 Mn |
| Dec 31, 2022 | 5.52 Mn |
| Sep 30, 2022 | 4.11 Mn |
| Jun 30, 2022 | 2.50 Mn |
| Mar 31, 2022 | -202,895.18 |
| Dec 31, 2021 | -58,706.87 |
| Sep 30, 2021 | -3.49 Mn |
| Jun 30, 2021 | -1.35 Mn |