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

Precision Drilling (PDS) reported Operating Income of $90.4 million for Q1 2026, down 5.68% on a YoY basis from $95.8 million in Q1 2025, and little changed quarter-over-quarter from $90.6 million in Q4 2025.

Precision Drilling (PDS) Operating Income (2009 - 2026) Analysis & Trends

Precision Drilling has reported Operating Income for 18 years, with the latest figure at $90.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 5.68% year-over-year to $90.4 million; the trailing twelve-month figure through Mar 2026 stood at $344.5 million (down 7.06% YoY), and the FY2025 full-year result was $350.4 million, down 7.95% from the prior year.
  • Operating Income for Q1 2026 stood at $90.4 million, roughly flat from $90.6 million in the prior quarter.
  • The five-year high for Operating Income was $150.3 million in Q1 2023, with the low at $29.1 million in Q1 2022.
  • Historically, Operating Income has averaged $89.0 million across 5 years, with a median of $90.4 million in 2026.
  • Annual changes were most pronounced in 2022 — Operating Income surged 1790.06% — and 2024, when it declined 29.33%.
  • Precision Drilling's Operating Income stood at $67.1 million in 2022, then soared by 65.54% to $111.1 million in 2023, then decreased by 22.33% to $86.3 million in 2024, then gained by 5.04% to $90.6 million in 2025, then dropped by 0.27% to $90.4 million in 2026.
  • The last three Operating Income figures came in at $90.4 million (Q1 2026), $90.6 million (Q4 2025), and $85.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 90.38 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 225.31 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 287.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn -14.32 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn -36.92 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn 24.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -118.75 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn -475.21 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - 46.00 Mn
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn 20.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 90.38 Mn
Dec 31, 2025 90.63 Mn
Sep 30, 2025 85.48 Mn
Jun 30, 2025 78.02 Mn
Mar 31, 2025 95.82 Mn
Dec 31, 2024 86.28 Mn
Sep 30, 2024 104.41 Mn
Jun 30, 2024 84.17 Mn
Mar 31, 2024 106.23 Mn
Dec 31, 2023 111.08 Mn
Sep 30, 2023 85.46 Mn
Jun 30, 2023 105.78 Mn
Mar 31, 2023 150.32 Mn
Dec 31, 2022 67.11 Mn
Sep 30, 2022 91.67 Mn
Jun 30, 2022 50.28 Mn
Mar 31, 2022 29.10 Mn
Dec 31, 2021 -3.97 Mn
Sep 30, 2021 -16.49 Mn
Jun 30, 2021 -32.42 Mn