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

Patterson Uti Energy's Cost of Revenue history runs 18 years deep, the most recent figure standing at $581.5 million for Q1 2026.

• In Q1 2026, Cost of Revenue fell 11.59% year-over-year to $581.5 million; the TTM figure through Mar 2026 stood at $1.1 billion (down 68.82% YoY), while the FY2025 annual figure 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.
• A 5-year average of $494.2 million and a median of $237.4 million in 2025 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue jumped 2268.78% in 2024 and sank 91.3% in 2025, its largest moves.
• Patterson Uti Energy's Cost of Revenue stood at $220.8 million in 2022, then jumped by 392.52% to $1.1 billion in 2023, then jumped by 141.58% to $2.6 billion in 2024, then tumbled by 91.3% to $228.4 million in 2025, then surged by 154.56% to $581.5 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $581.5 million, $228.4 million, and $246.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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