Precision Drilling (PDS) Revenue (2009 - 2026)
Precision Drilling (PDS) reported Revenue of $383.6 million for Q1 2026, up 10.9% on a YoY basis from $345.9 million in Q1 2025, and up 11.79% quarter-over-quarter from $343.1 million in Q4 2025.
Precision Drilling (PDS) Revenue (2009 - 2026) Analysis & Trends
Precision Drilling has reported Revenue for 18 years, with the latest figure at $383.6 million in Q1 2026.
- For the quarter ending Q1 2026, Revenue rose 10.9% year-over-year to $383.6 million; the trailing twelve-month figure through Mar 2026 stood at $1.4 billion (up 0.85% YoY), and the FY2025 full-year result was $1.3 billion, down 5.03% from the prior year.
- Revenue for Q1 2026 stood at $383.6 million, up from $343.1 million in the prior quarter.
- The five-year high for Revenue was $413.2 million in Q1 2023, with the low at $255.7 million in Q2 2022.
- Historically, Revenue has averaged $339.2 million across 5 years, with a median of $335.9 million in 2025.
- Annual changes were most pronounced in 2022 — Revenue surged 63.26% — and 2025, when it retreated 11.69%.
- Precision Drilling's Revenue 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 grew by 11.79% to $383.6 million in 2026.
- The last three Revenue figures came in at $383.6 million (Q1 2026), $343.1 million (Q4 2025), and $335.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 383.60 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 785.69 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 1.08 Bn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 1.12 Bn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 932.36 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 358.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 1.27 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 783.55 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 247.00 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 465.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 277.37 Mn |
| Dec 31, 2021 | 234.19 Mn |
| Sep 30, 2021 | 201.63 Mn |
| Jun 30, 2021 | 163.81 Mn |