Precision Drilling (PDS) Operating Expenses (2009 - 2026)

Precision Drilling (PDS) has reported Operating Expenses for 18 consecutive years, with $19.1 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 6.97% year-over-year to $19.1 million; the trailing twelve-month figure through Jun 2026 stood at $92.8 million (up 14.62% YoY), and the FY2025 full-year result was $81.9 million, down 15.32% from the prior year.
• Operating Expenses retreated to $19.1 million in Q2 2026 per PDS's latest filing, from $30.4 million in the prior quarter.
• Across five years, Operating Expenses topped out at $58.4 million in Q4 2022 and bottomed at $11.5 million in Q1 2023.
• Historically, Operating Expenses has averaged $25.4 million across 5 years, with a median of $20.9 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 283.59% in 2022, then sank 73.8% in 2023.
• Over 5 years, Operating Expenses stood at $58.4 million in 2022, then plunged by 50.74% to $28.7 million in 2023, then declined by 11.98% to $25.3 million in 2024, then decreased by 17.48% to $20.9 million in 2025, then decreased by 8.4% to $19.1 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $19.1 million, $30.4 million, and $20.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.