Precision Drilling (PDS) Gross Profit (2009 - 2026)
Precision Drilling (PDS) reported Gross Profit of $120.8 million for Q1 2026, up 3.65% on a YoY basis from $116.6 million in Q1 2025, and up 8.36% quarter-over-quarter from $111.5 million in Q4 2025.
Precision Drilling (PDS) Gross Profit (2009 - 2026) Analysis & Trends
Precision Drilling has reported Gross Profit for 18 years, with the latest figure at $120.8 million in Q1 2026.
- For the quarter ending Q1 2026, Gross Profit rose 3.65% year-over-year to $120.8 million; the trailing twelve-month figure through Mar 2026 stood at $436.1 million (down 4.11% YoY), and the FY2025 full-year result was $432.3 million, down 9.44% from the prior year.
- Gross Profit for Q1 2026 stood at $120.8 million, up from $111.5 million in the prior quarter.
- The five-year high for Gross Profit was $161.8 million in Q1 2023, with the low at $67.0 million in Q2 2022.
- Historically, Gross Profit has averaged $114.7 million across 5 years, with a median of $116.6 million in 2025.
- Annual changes were most pronounced in 2023 — Gross Profit surged 121.89% — and 2024, when it retreated 20.2%.
- Precision Drilling's Gross Profit stood at $125.5 million in 2022, then gained by 11.45% to $139.8 million in 2023, then dropped by 20.2% to $111.6 million in 2024, then declined by 0.06% to $111.5 million in 2025, then gained by 8.36% to $120.8 million in 2026.
- The last three Gross Profit figures came in at $120.8 million (Q1 2026), $111.5 million (Q4 2025), and $107.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 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 |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 120.82 Mn |
| Mar 31, 2026 | 120.82 Mn |
| Dec 31, 2025 | 111.51 Mn |
| Dec 31, 2025 | 111.51 Mn |
| Sep 30, 2025 | 107.85 Mn |
| Sep 30, 2025 | 107.85 Mn |
| Jun 30, 2025 | 95.89 Mn |
| Jun 30, 2025 | 95.89 Mn |
| Mar 31, 2025 | 116.57 Mn |
| Mar 31, 2025 | 116.57 Mn |
| Dec 31, 2024 | 111.58 Mn |
| Dec 31, 2024 | 111.58 Mn |
| Sep 30, 2024 | 121.46 Mn |
| Sep 30, 2024 | 121.46 Mn |
| Jun 30, 2024 | 105.14 Mn |
| Jun 30, 2024 | 105.14 Mn |
| Mar 31, 2024 | 139.73 Mn |
| Mar 31, 2024 | 139.73 Mn |
| Dec 31, 2023 | 139.83 Mn |
| Dec 31, 2023 | 139.83 Mn |