Precision Drilling (PDS) Tax Provisions (2009 - 2026)
Precision Drilling's (PDS) quarterly Tax Provisions came in at $503156.0 in Q2 2026, down 34.72% YoY from $770788.9 in Q2 2025, and down 1.71% on a QoQ basis from $511902.4 in Q1 2026.
Precision Drilling (PDS) Tax Provisions (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has 18 years of Tax Provisions data on file, last reported at $503156.0 in Q2 2026.
- Quarterly Tax Provisions fell 34.72% year-over-year to $503156.0 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$631309.3 (down 112.05% YoY) and the FY2025 annual result came in at $52.8 million, up 22.2% from the prior year.
- Tax Provisions slipped to $503156.0 in Q2 2026, from $511902.4 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $2.0 million in Q4 2024 to a low of -$2.5 million in Q4 2025.
- A 5-year average of $722664.0 and a median of $768290.0 in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2024 — Tax Provisions surged 463.68% — and 2025, when it slumped 222.73%.
- Tracing PDS's Tax Provisions over 5 years: stood at $1.3 million in 2022, then sank by 73.06% to $356984.3 in 2023, then soared by 463.68% to $2.0 million in 2024, then tumbled by 222.73% to -$2.5 million in 2025, then soared by 120.37% to $503156.0 in 2026.
- The last three Tax Provisions figures came in at $503156.0 (Q2 2026), $511902.4 (Q1 2026), and -$2.5 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | 16.29 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 14.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | -8.65 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 72.40 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 12.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | 10.90 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 16.41 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 503,155.99 |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 33.60 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | 26.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 503,155.99 |
| Mar 31, 2026 | 511,902.40 |
| Dec 31, 2025 | -2.47 Mn |
| Sep 30, 2025 | 823,277.46 |
| Jun 30, 2025 | 770,788.95 |
| Mar 31, 2025 | 770,789.62 |
| Dec 31, 2024 | 2.01 Mn |
| Sep 30, 2024 | 1.68 Mn |
| Jun 30, 2024 | 983,384.04 |
| Mar 31, 2024 | 754,729.13 |
| Dec 31, 2023 | 356,984.27 |
| Sep 30, 2023 | 1.53 Mn |
| Jun 30, 2023 | 833,786.76 |
| Mar 31, 2023 | 622,084.64 |
| Dec 31, 2022 | 1.33 Mn |
| Sep 30, 2022 | 734,542.90 |
| Jun 30, 2022 | 498,056.32 |
| Mar 31, 2022 | 765,791.14 |
| Dec 31, 2021 | 587,862.04 |
| Sep 30, 2021 | 707,024.29 |