Patterson Uti Energy (PTEN) Gross Margin (2009 - 2026)

Patterson Uti Energy has disclosed Gross Margin across 18 years of filings, most recently posting 47.96% for Q1 2026.

• Gross Margin for Q1 2026 came in at 47.96%, down 68.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 76.29% (up 4516.0% YoY), and the FY2025 annual result was 79.75%, up 2918.0% from the prior year.
• Gross Margin came in at 47.96% for Q1 2026 at Patterson Uti Energy, down from 80.15% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 100.0% in Q3 2022 to a low of 126.02% in Q4 2024.
• The 5-year median for Gross Margin is 80.15% (2025), against an average of 65.95%.
• Across the five-year window, Gross Margin soared 120240 bps in 2022 and plunged 15739 bps in 2024, its largest moves.
• Patterson Uti Energy's Gross Margin stood at 72.0% in 2022, then tumbled by 56 bps to 31.37% in 2023, then plunged by 502 bps to 126.02% in 2024, then jumped by 164 bps to 80.15% in 2025, then tumbled by 40 bps to 47.96% in 2026.
• The last three Gross Margin figures came in at 47.96% (Q1 2026), 80.15% (Q4 2025), and 79.05% (Q3 2025), per Business Quant data.