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

Precision Drilling (PDS) has 18 years of Operating Expenses data on file, last reported at $30.4 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 46.74% year-over-year to $30.4 million; the trailing twelve-month figure through Mar 2026 stood at $91.6 million (up 8.92% YoY), and the FY2025 full-year result was $81.9 million, down 13.59% from the prior year.
• Operating Expenses for Q1 2026 stood at $30.4 million, up from $20.9 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.
• The 5-year median for Operating Expenses is $21.0 million (2024), against an average of $25.7 million.
• The widest annual swing landed in 2022, when Operating Expenses surged 283.59%; it then slumped 73.8% in 2023.
• A 5-year view of Operating Expenses shows it stood at $58.4 million in 2022, then sank by 50.74% to $28.7 million in 2023, then dropped by 11.98% to $25.3 million in 2024, then retreated by 17.48% to $20.9 million in 2025, then jumped by 45.81% to $30.4 million in 2026.
• The last three Operating Expenses figures came in at $30.4 million (Q1 2026), $20.9 million (Q4 2025), and $22.4 million (Q3 2025), per Business Quant data.

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