Patterson Uti Energy (PTEN) Gross Profit (2009 - 2026)
Patterson Uti Energy's (PTEN) quarterly Gross Profit came in at $535.8 million in Q1 2026, down 13.97% year-on-year from $622.9 million in Q1 2025, and down 41.91% quarter-over-quarter from $922.4 million in Q4 2025.
Patterson Uti Energy (PTEN) Gross Profit (2009 - 2026) Analysis & Trends
Patterson Uti Energy has disclosed Gross Profit across 18 years of filings, most recently posting $535.8 million for Q1 2026.
- Gross Profit for Q1 2026 came in at $535.8 million, down 13.97% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.6 billion (up 122.0% YoY), and the FY2025 annual result was $3.8 billion, up 41.54% from the prior year.
- Gross Profit came in at $535.8 million for Q1 2026 at Patterson Uti Energy, down from $922.4 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $1.3 billion in Q2 2024 to a low of -$1.5 billion in Q4 2024.
- The 5-year median for Gross Profit is $758.9 million (2023), against an average of $658.7 million.
- Across the five-year window, Gross Profit jumped 221.02% in 2022 and plunged 394.65% in 2024, its largest moves.
- Patterson Uti Energy's Gross Profit stood at $567.7 million in 2022, then dropped by 12.45% to $497.0 million in 2023, then slumped by 394.65% to -$1.5 billion in 2024, then soared by 162.98% to $922.4 million in 2025, then sank by 41.91% to $535.8 million in 2026.
- The last three Gross Profit figures came in at $535.8 million (Q1 2026), $922.4 million (Q4 2025), and $929.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 535.85 Mn |
| Mar 31, 2026 | 535.85 Mn |
| Dec 31, 2025 | 922.39 Mn |
| Dec 31, 2025 | 922.39 Mn |
| Sep 30, 2025 | 929.55 Mn |
| Sep 30, 2025 | 929.55 Mn |
| Jun 30, 2025 | 1.17 Bn |
| Jun 30, 2025 | 1.17 Bn |
| Mar 31, 2025 | 622.86 Mn |
| Mar 31, 2025 | 622.86 Mn |
| Dec 31, 2024 | -1.46 Bn |
| Dec 31, 2024 | -1.46 Bn |
| Sep 30, 2024 | 1.11 Bn |
| Sep 30, 2024 | 1.11 Bn |
| Jun 30, 2024 | 1.34 Bn |
| Jun 30, 2024 | 1.34 Bn |
| Mar 31, 2024 | 764.77 Mn |
| Mar 31, 2024 | 764.77 Mn |
| Dec 31, 2023 | 497.03 Mn |
| Dec 31, 2023 | 497.03 Mn |