Precision Drilling (PDS) Intangibles (2009 - 2026)

Precision Drilling (PDS) reported Intangibles of $6.3 million for Q1 2026, down 33.67% on a YoY basis from $9.4 million in Q1 2025, and down 7.86% quarter-over-quarter from $6.8 million in Q4 2025.

Precision Drilling (PDS) Intangibles (2009 - 2026) Analysis & Trends

Precision Drilling has reported Intangibles for 18 years, with the latest figure at $6.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Intangibles fell 33.67% year-over-year to $6.3 million; the trailing twelve-month figure through Mar 2026 stood at $6.3 million (down 33.67% YoY), and the FY2025 full-year result was $6.8 million, down 28.6% from the prior year.
  • Intangibles for Q1 2026 stood at $6.3 million, down from $6.8 million in the prior quarter.
  • The five-year high for Intangibles was $18.0 million in Q1 2022, with the low at -$26.2 million in Q4 2022.
  • Historically, Intangibles has averaged $9.5 million across 5 years, with a median of $12.1 million in 2024.
  • Annual changes were most pronounced in 2022 — Intangibles slumped 103.96% — and 2023, when it soared 148.57%.
  • Precision Drilling's Intangibles stood at -$26.2 million in 2022, then surged by 148.57% to $12.7 million in 2023, then declined by 26.83% to $9.3 million in 2024, then fell by 27.01% to $6.8 million in 2025, then declined by 7.86% to $6.3 million in 2026.
  • The last three Intangibles figures came in at $6.3 million (Q1 2026), $6.8 million (Q4 2025), and $7.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 6.26 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 784.22 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn 444.06 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
DateValue
Mar 31, 2026 6.26 Mn
Dec 31, 2025 6.79 Mn
Sep 30, 2025 7.52 Mn
Jun 30, 2025 8.11 Mn
Mar 31, 2025 9.43 Mn
Dec 31, 2024 9.30 Mn
Sep 30, 2024 11.41 Mn
Jun 30, 2024 12.18 Mn
Mar 31, 2024 12.15 Mn
Dec 31, 2023 12.71 Mn
Sep 30, 2023 13.46 Mn
Jun 30, 2023 13.57 Mn
Mar 31, 2023 13.72 Mn
Dec 31, 2022 -26.18 Mn
Sep 30, 2022 15.80 Mn
Jun 30, 2022 17.00 Mn
Mar 31, 2022 17.96 Mn
Dec 31, 2021 -12.84 Mn
Sep 30, 2021 19.93 Mn
Jun 30, 2021 21.35 Mn