Precision Drilling (PDS) Revenue (2009 - 2026)
Precision Drilling's (PDS) quarterly Revenue came in at $327.3 million in Q2 2026, up 11.55% YoY from $293.5 million in Q2 2025, and down 14.67% on a QoQ basis from $383.6 million in Q1 2026.
Precision Drilling (PDS) Revenue (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has 18 years of Revenue data on file, last reported at $327.3 million in Q2 2026.
- Quarterly Revenue rose 11.55% year-over-year to $327.3 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.4 billion (up 4.96% YoY) and the FY2025 annual result came in at $1.6 billion, down 2.58% from the prior year.
- Revenue declined to $327.3 million in Q2 2026, from $383.6 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $413.2 million in Q1 2023 to a low of $255.7 million in Q2 2022.
- A 5-year average of $342.6 million and a median of $339.5 million in 2025 frame the typical range for Revenue.
- Annual changes were most pronounced in 2022 — Revenue surged 88.05% — and 2025, when it retreated 11.69%.
- Tracing PDS's Revenue over 5 years: stood at $376.1 million in 2022, then fell by 1.0% to $372.3 million in 2023, then fell by 9.98% to $335.1 million in 2024, then grew by 2.38% to $343.1 million in 2025, then slipped by 4.6% to $327.3 million in 2026.
- The last three Revenue figures came in at $327.3 million (Q2 2026), $383.6 million (Q1 2026), and $343.1 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 719.69 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 966.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 1.23 Bn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 1.03 Bn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 449.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 232.30 Mn |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 816.93 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 327.34 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 539.20 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | 137.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 327.34 Mn |
| Mar 31, 2026 | 383.60 Mn |
| Dec 31, 2025 | 343.13 Mn |
| Sep 30, 2025 | 335.89 Mn |
| Jun 30, 2025 | 293.46 Mn |
| Mar 31, 2025 | 345.90 Mn |
| Dec 31, 2024 | 335.14 Mn |
| Sep 30, 2024 | 349.78 Mn |
| Jun 30, 2024 | 313.82 Mn |
| Mar 31, 2024 | 391.68 Mn |
| Dec 31, 2023 | 372.31 Mn |
| Sep 30, 2023 | 333.25 Mn |
| Jun 30, 2023 | 316.86 Mn |
| Mar 31, 2023 | 413.20 Mn |
| Dec 31, 2022 | 376.09 Mn |
| Sep 30, 2022 | 329.19 Mn |
| Jun 30, 2022 | 255.71 Mn |
| Mar 31, 2022 | 351.34 Mn |
| Dec 31, 2021 | 234.19 Mn |
| Sep 30, 2021 | 201.63 Mn |