Precision Drilling (PDS) Long-Term Deferred Tax (2017 - 2026)
Precision Drilling's (PDS) quarterly Long-Term Deferred Tax came in at $3.0 million in Q2 2026, up 97.59% YoY from $1.5 million in Q2 2025, and up 84.97% on a QoQ basis from $1.6 million in Q1 2026.
Precision Drilling (PDS) Long-Term Deferred Tax (2017 - 2026) Analysis & Trends
Precision Drilling (PDS) has 10 years of Long-Term Deferred Tax data on file, last reported at $3.0 million in Q2 2026.
- Quarterly Long-Term Deferred Tax rose 97.59% year-over-year to $3.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.0 million (up 97.59% YoY) and the FY2025 annual result came in at $1.6 million, down 65.93% from the prior year.
- Long-Term Deferred Tax rose to $3.0 million in Q2 2026, from $1.6 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $54.1 million in Q4 2023 to a low of $335199.8 in Q4 2022.
- A 5-year average of $8.5 million and a median of $1.6 million in 2025 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2023 — Long-Term Deferred Tax soared 16041.82% — and 2025, when it tumbled 95.45%.
- Tracing PDS's Long-Term Deferred Tax over 5 years: stood at $335199.8 in 2022, then soared by 16041.82% to $54.1 million in 2023, then slumped by 91.32% to $4.7 million in 2024, then plunged by 65.87% to $1.6 million in 2025, then jumped by 88.1% to $3.0 million in 2026.
- The last three Long-Term Deferred Tax figures came in at $3.0 million (Q2 2026), $1.6 million (Q1 2026), and $1.6 million (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.01 Mn |
| Mar 31, 2026 | 1.63 Mn |
| Dec 31, 2025 | 1.60 Mn |
| Sep 30, 2025 | 1.62 Mn |
| Jun 30, 2025 | 1.53 Mn |
| Mar 31, 2025 | 1.70 Mn |
| Dec 31, 2024 | 4.70 Mn |
| Sep 30, 2024 | 20.35 Mn |
| Jun 30, 2024 | 21.63 Mn |
| Mar 31, 2024 | 37.32 Mn |
| Dec 31, 2023 | 54.11 Mn |
| Sep 30, 2023 | 338,652.43 |
| Jun 30, 2023 | 337,981.42 |
| Mar 31, 2023 | 335,822.15 |
| Dec 31, 2022 | 335,199.84 |
| Sep 30, 2022 | 602,662.55 |
| Jun 30, 2022 | 658,846.15 |
| Mar 31, 2022 | 684,475.17 |
| Dec 31, 2021 | 687,822.38 |
| Sep 30, 2021 | 872,261.42 |