Precision Drilling (PDS) Gross Margin (2009 - 2026)

Precision Drilling (PDS) has reported Gross Margin for 18 consecutive years, with 27.28% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Gross Margin fell 540.0% year-over-year to 27.28%; the trailing twelve-month figure through Jun 2026 stood at 30.9% (down 274.0% YoY), and the FY2025 full-year result was 32.76%, down 160.0% from the prior year.
• Gross Margin retreated to 27.28% in Q2 2026 per PDS's latest filing, from 31.5% in the prior quarter.
• Across five years, Gross Margin topped out at 39.16% in Q1 2023 and bottomed at 26.21% in Q2 2022.
• Historically, Gross Margin has averaged 33.2% across 5 years, with a median of 33.43% in 2024.
• The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 579 bps in 2022, then surged 1287 bps in 2023.
• Over 5 years, Gross Margin stood at 33.36% in 2022, then advanced by 13 bps to 37.56% in 2023, then decreased by 11 bps to 33.29% in 2024, then retreated by 2 bps to 32.5% in 2025, then retreated by 16 bps to 27.28% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 27.28%, 31.5%, and 32.5% for Q2 2026, Q1 2026, and Q4 2025 respectively.