Patterson Uti Energy (PTEN) Cost of Revenue (2009 - 2026)

Patterson Uti Energy has disclosed Cost of Revenue across 18 years of filings, most recently posting $581.5 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $581.5 million, down 11.59% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (down 68.82% YoY), and the FY2025 annual result was $977.2 million, down 63.24% from the prior year.
• Cost of Revenue came in at $581.5 million for Q1 2026 at Patterson Uti Energy, up from $228.4 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $2.6 billion in Q4 2024 to a low of $10.3 million in Q2 2024.
• The 5-year median for Cost of Revenue is $237.4 million (2025), against an average of $494.2 million.
• Across the five-year window, Cost of Revenue soared 2268.78% in 2024 and slumped 91.3% in 2025, its largest moves.
• Patterson Uti Energy's Cost of Revenue stood at $220.8 million in 2022, then soared by 392.52% to $1.1 billion in 2023, then soared by 141.58% to $2.6 billion in 2024, then plunged by 91.3% to $228.4 million in 2025, then jumped by 154.56% to $581.5 million in 2026.
• The last three Cost of Revenue figures came in at $581.5 million (Q1 2026), $228.4 million (Q4 2025), and $246.4 million (Q3 2025), per Business Quant data.