Precision Drilling (PDS) Net Income (2009 - 2026)
Precision Drilling's (PDS) quarterly Net Income came in at $1.8 million in Q2 2026, down 89.65% YoY from $17.1 million in Q2 2025, and down 90.8% on a QoQ basis from $19.2 million in Q1 2026.
Precision Drilling (PDS) Net Income (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has 18 years of Net Income data on file, last reported at $1.8 million in Q2 2026.
- Quarterly Net Income fell 89.65% year-over-year to $1.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $9.9 million (down 90.14% YoY) and the FY2025 annual result came in at -$12.8 million, down 112.16% from the prior year.
- Net Income fell to $1.8 million in Q2 2026, from $19.2 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $83.9 million in Q1 2023 to a low of -$30.0 million in Q4 2025.
- A 5-year average of $23.4 million and a median of $20.5 million in 2024 frame the typical range for Net Income.
- Annual changes were most pronounced in 2023 — Net Income soared 605.54% — and 2025, when it sank 335.14%.
- Tracing PDS's Net Income over 5 years: stood at $8.1 million in 2022, then soared by 605.54% to $57.0 million in 2023, then slumped by 77.61% to $12.8 million in 2024, then slumped by 335.14% to -$30.0 million in 2025, then soared by 105.89% to $1.8 million in 2026.
- The last three Net Income figures came in at $1.8 million (Q2 2026), $19.2 million (Q1 2026), and -$30.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | -36.68 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 170.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | -19.28 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 78.12 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 29.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | -241.40 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | -1.52 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 12.90 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 47.00 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | -64.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.77 Mn |
| Mar 31, 2026 | 19.22 Mn |
| Dec 31, 2025 | -30.02 Mn |
| Sep 30, 2025 | 18.96 Mn |
| Jun 30, 2025 | 17.09 Mn |
| Mar 31, 2025 | 33.56 Mn |
| Dec 31, 2024 | 12.77 Mn |
| Sep 30, 2024 | 37.21 Mn |
| Jun 30, 2024 | 21.84 Mn |
| Mar 31, 2024 | 36.08 Mn |
| Dec 31, 2023 | 57.02 Mn |
| Sep 30, 2023 | 19.13 Mn |
| Jun 30, 2023 | 33.18 Mn |
| Mar 31, 2023 | 83.91 Mn |
| Dec 31, 2022 | 8.08 Mn |
| Sep 30, 2022 | 27.64 Mn |
| Jun 30, 2022 | -19.30 Mn |
| Mar 31, 2022 | 43.84 Mn |
| Dec 31, 2021 | -21.69 Mn |
| Sep 30, 2021 | -30.21 Mn |