Precision Drilling (PDS) Deferred Taxes (2010 - 2026)
Precision Drilling posted quarterly Deferred Taxes of $6.2 million for Q1 2026, down 32.54% year-on-year from $9.2 million in Q1 2025, and up 351.33% on a QoQ basis from -$2.5 million in Q4 2025.
Precision Drilling (PDS) has 17 years of Deferred Taxes data on file, last reported 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 38.46% from the prior year.
- Deferred Taxes for Q1 2026 stood at $6.2 million, up from -$2.5 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $23.7 million in Q3 2025 and bottomed at -$50.7 million in Q4 2023.
- The 5-year median for Deferred Taxes is $5.5 million (2022), against an average of $3.5 million.
- The widest annual swing landed in 2022, when Deferred Taxes soared 9496.57%; it then plunged 1019.95% in 2023.
- A 5-year view of Deferred Taxes shows it stood at $5.5 million in 2022, then slumped by 1019.95% to -$50.7 million in 2023, then jumped by 104.1% to $2.1 million in 2024, then plunged by 218.72% to -$2.5 million in 2025, then soared 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 | 157.47 Bn | 157.41 Bn | 120.82 Mn | 6.21 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 46.34 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | -73.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -3.79 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -13.17 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 17.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 5.06 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 1.90 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 |
| Mar 31, 2021 | -1.96 Mn |
| Dec 31, 2020 | 6.75 Mn |
| Sep 30, 2020 | -1.54 Mn |
| Jun 30, 2020 | 1.10 Mn |
| Mar 31, 2020 | -1.94 Mn |
| Dec 31, 2019 | -6.48 Mn |
| Sep 30, 2019 | -4.92 Mn |
| Jun 30, 2019 | -5.66 Mn |
| Mar 31, 2019 | 4.95 Mn |
| Dec 31, 2018 | -3.42 Mn |
| Sep 30, 2018 | -8.04 Mn |
| Jun 30, 2018 | -12.91 Mn |
| Mar 31, 2018 | -4.92 Mn |
| Dec 31, 2017 | -12.31 Mn |
| Sep 30, 2017 | -18.06 Mn |
| Jun 30, 2017 | -26.95 Mn |
| Mar 31, 2017 | -18.25 Mn |
| Dec 31, 2016 | -33.23 Mn |
| Sep 30, 2016 | -20.23 Mn |
| Jun 30, 2016 | -30.30 Mn |
| Mar 31, 2016 | -8.80 Mn |
| Dec 31, 2015 | -111.44 Mn |
| Sep 30, 2015 | -36.09 Mn |
| Jun 30, 2015 | -35.63 Mn |
| Mar 31, 2015 | 20.76 Mn |
| Dec 31, 2014 | -33.59 Mn |
| Sep 30, 2014 | 6.12 Mn |
| Jun 30, 2014 | 5.02 Mn |
| Mar 31, 2014 | 3.42 Mn |
| Dec 31, 2013 | 5.11 Mn |
| Sep 30, 2013 | -12.91 Mn |
| Jun 30, 2013 | -6.06 Mn |
| Mar 31, 2013 | -385,000.00 |
| Dec 31, 2012 | -85.36 Mn |
| Sep 30, 2012 | -7.29 Mn |
| Jun 30, 2012 | -12.83 Mn |
| Mar 31, 2012 | 9.54 Mn |
| Dec 31, 2011 | -13.02 Mn |
| Sep 30, 2011 | -593,826.73 |
| Jun 30, 2011 | 7.14 Mn |
| Mar 31, 2011 | 10.68 Mn |
| Dec 31, 2010 | -23.72 Mn |
| Sep 30, 2010 | -2.40 Mn |
| Jun 30, 2010 | 3.78 Mn |