Precision Drilling (PDS) Operating Income (2009 - 2026)
Precision Drilling's (PDS) quarterly Operating Income came in at $70.2 million in Q2 2026, down 10.07% YoY from $78.0 million in Q2 2025, and down 22.37% on a QoQ basis from $90.4 million in Q1 2026.
Precision Drilling (PDS) Operating Income (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has 18 years of Operating Income data on file, last reported at $70.2 million in Q2 2026.
- Quarterly Operating Income fell 10.07% year-over-year to $70.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $336.7 million (down 7.65% YoY) and the FY2025 annual result came in at $350.4 million, down 6.08% from the prior year.
- Operating Income eased to $70.2 million in Q2 2026, from $90.4 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $150.3 million in Q1 2023 to a low of $29.1 million in Q1 2022.
- A 5-year average of $87.9 million and a median of $88.3 million in 2024 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income plunged 99.93% — and 2023, when it surged 416.63%.
- Tracing PDS's Operating Income over 5 years: stood at $67.1 million in 2022, then soared by 65.54% to $111.1 million in 2023, then dropped by 22.33% to $86.3 million in 2024, then increased by 5.04% to $90.6 million in 2025, then slipped by 22.58% to $70.2 million in 2026.
- The last three Operating Income figures came in at $70.2 million (Q2 2026), $90.4 million (Q1 2026), and $90.6 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 30.48 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 152.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | -6.96 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 188.21 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 72.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 300,000.00 |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | -492.67 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 70.16 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 51.10 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | -66.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 70.16 Mn |
| 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 | 50.68 Mn |
| Sep 30, 2021 | 36.07 Mn |