Precision Drilling (PDS) Receivables (2009 - 2026)
Precision Drilling's (PDS) quarterly Receivables came in at $251.9 million in Q2 2026, up 9.56% YoY from $229.9 million in Q2 2025, and down 15.79% on a QoQ basis from $299.2 million in Q1 2026.
Precision Drilling (PDS) Receivables (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has 18 years of Receivables data on file, last reported at $251.9 million in Q2 2026.
- Quarterly Receivables rose 9.56% year-over-year to $251.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $251.9 million (up 9.56% YoY) and the FY2025 annual result came in at $252.0 million, down 7.44% from the prior year.
- Receivables retreated to $251.9 million in Q2 2026, from $299.2 million in the prior quarter.
- In the past five years, Receivables ranged from a high of $355.5 million in Q4 2023 to a low of $229.9 million in Q2 2025.
- A 5-year average of $285.0 million and a median of $276.3 million in 2024 frame the typical range for Receivables.
- Annual changes were most pronounced in 2022 — Receivables jumped 62.14% — and 2024, when it retreated 23.4%.
- Tracing PDS's Receivables over 5 years: stood at $313.6 million in 2022, then climbed by 13.35% to $355.5 million in 2023, then dropped by 23.4% to $272.3 million in 2024, then slipped by 7.27% to $252.5 million in 2025, then retreated by 0.23% to $251.9 million in 2026.
- The last three Receivables figures came in at $251.9 million (Q2 2026), $299.2 million (Q1 2026), and $252.5 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 547.81 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 604.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 919.67 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 869.46 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 335.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 292.90 Mn |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 512.37 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 251.92 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 471.90 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | 50.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 251.92 Mn |
| Mar 31, 2026 | 299.17 Mn |
| Dec 31, 2025 | 252.52 Mn |
| Sep 30, 2025 | 265.30 Mn |
| Jun 30, 2025 | 229.94 Mn |
| Mar 31, 2025 | 277.15 Mn |
| Dec 31, 2024 | 272.31 Mn |
| Sep 30, 2024 | 294.43 Mn |
| Jun 30, 2024 | 275.36 Mn |
| Mar 31, 2024 | 321.09 Mn |
| Dec 31, 2023 | 355.48 Mn |
| Sep 30, 2023 | 293.36 Mn |
| Jun 30, 2023 | 263.17 Mn |
| Mar 31, 2023 | 323.44 Mn |
| Dec 31, 2022 | 313.60 Mn |
| Sep 30, 2022 | 321.43 Mn |
| Jun 30, 2022 | 248.27 Mn |
| Mar 31, 2022 | 271.71 Mn |
| Dec 31, 2021 | 212.16 Mn |
| Sep 30, 2021 | 198.25 Mn |