Precision Drilling (PDS) Intangibles (2009 - 2026)
Precision Drilling's (PDS) quarterly Intangibles came in at $5.6 million in Q2 2026, down 31.47% YoY from $8.1 million in Q2 2025, and down 11.14% on a QoQ basis from $6.3 million in Q1 2026.
Precision Drilling (PDS) Intangibles (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has 18 years of Intangibles data on file, last reported at $5.6 million in Q2 2026.
- Quarterly Intangibles fell 31.47% year-over-year to $5.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $5.6 million (down 31.47% YoY) and the FY2025 annual result came in at $6.8 million, down 27.15% from the prior year.
- Intangibles retreated to $5.6 million in Q2 2026, from $6.3 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $40.6 million in Q4 2022 to a low of $5.6 million in Q2 2026.
- A 5-year average of $13.0 million and a median of $12.2 million in 2024 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2022 — Intangibles decreased 7.13% — and 2023, when it slumped 68.68%.
- Tracing PDS's Intangibles over 5 years: stood at $40.6 million in 2022, then tumbled by 68.68% 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 18.12% to $5.6 million in 2026.
- The last three Intangibles figures came in at $5.6 million (Q2 2026), $6.3 million (Q1 2026), and $6.8 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.45 Bn | 6.99 Bn | 273.38 Mn | - |
| 2 | Transocean | 6.66 Bn | 5.87 Bn | 358.00 Mn | - |
| 3 | Patterson Uti Energy | 4.67 Bn | 4.46 Bn | 597.25 Mn | 755.24 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 423.63 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | - |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | - |
| 7 | Nabors Industries | 1.31 Bn | 801.86 Mn | 309.38 Mn | - |
| 8 | Precision Drilling | 1.19 Bn | 1.14 Bn | 89.29 Mn | 5.56 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 780.40 Mn | 758.80 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.56 Mn |
| 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 | 40.60 Mn |
| Sep 30, 2022 | 15.80 Mn |
| Jun 30, 2022 | 17.00 Mn |
| Mar 31, 2022 | 17.96 Mn |
| Dec 31, 2021 | 43.72 Mn |
| Sep 30, 2021 | 19.93 Mn |