Patterson Uti Energy PTEN
NASDAQ PTEN
$12.34 +0.16 (+1.31%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Patterson Uti Energy (PTEN) posted Cost of Revenue of $46.9 million for Q1 2026, up 137.56% sequentially from -$124.9 million in Q4 2025, and little changed YoY from $46.9 million in Q1 2025.

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

Patterson Uti Energy has reported Cost of Revenue for 18 years, with the latest figure at $46.9 million in Q1 2026.

  • Quarterly Cost of Revenue changed 0.03% year-over-year to $46.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $770.9 million (down 60.66% YoY) and the FY2025 annual result came in at $21.6 million, down 99.19% from the prior year.
  • Cost of Revenue climbed to $46.9 million in Q1 2026 per PTEN's latest filing, from -$124.9 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $1.1 billion in Q4 2023 and troughed at -$124.9 million in Q4 2025.
  • A 5-year average of $372.1 million and a median of $254.8 million in 2025 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2025: Cost of Revenue soared 2085.48% in 2022, then tumbled 122.49% in 2025.
  • Over 5 years, Cost of Revenue stood at $781.4 million in 2022, then jumped by 39.15% to $1.1 billion in 2023, then slumped by 48.91% to $555.5 million in 2024, then sank by 122.49% to -$124.9 million in 2025, then surged by 137.56% to $46.9 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $46.9 million, -$124.9 million, and $594.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Noble 7.43 Bn 6.98 Bn 273.38 Mn 446.31 Mn
2 Transocean 6.68 Bn 5.88 Bn 358.00 Mn 608.00 Mn
3 Patterson Uti Energy 4.70 Bn 4.50 Bn 597.25 Mn 630.72 Mn
4 Helmerich & Payne 4.37 Bn 4.13 Bn 349.94 Mn 684.91 Mn
5 Seadrill 2.95 Bn 2.59 Bn 234.00 Mn 215.00 Mn
6 Borr Drilling 1.39 Bn 1.17 Bn - -
7 Nabors Industries 1.32 Bn 807.28 Mn 309.38 Mn 507.55 Mn
8 Precision Drilling 1.18 Bn 1.14 Bn 89.29 Mn 238.05 Mn
9 Valaris 827.45 Mn 286.25 Mn 123.70 Mn 415.50 Mn
10 Sable Offshore 774.26 Mn 752.66 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2026 630.72 Mn
Jun 30, 2026 630.72 Mn
Mar 31, 2026 46.92 Mn
Mar 31, 2026 46.92 Mn
Dec 31, 2025 -124.94 Mn
Dec 31, 2025 -124.94 Mn
Sep 30, 2025 594.12 Mn
Sep 30, 2025 594.12 Mn
Jun 30, 2025 254.77 Mn
Jun 30, 2025 254.77 Mn
Mar 31, 2025 46.94 Mn
Mar 31, 2025 46.94 Mn
Dec 31, 2024 555.53 Mn
Dec 31, 2024 555.53 Mn
Sep 30, 2024 703.81 Mn
Sep 30, 2024 703.81 Mn
Jun 30, 2024 653.24 Mn
Jun 30, 2024 653.24 Mn
Mar 31, 2024 48.63 Mn
Mar 31, 2024 48.63 Mn