KPIs & Operating Metrics(New)
Cash Flow Statement
Growth Metrics

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

Patterson Uti Energy recorded quarterly Gross Profit of $535.8 million in Q1 2026, down 41.91% quarter-over-quarter from $922.4 million in Q4 2025, and down 13.97% year-over-year from $622.9 million in Q1 2025.

Patterson Uti Energy's Gross Profit history runs 18 years deep, the most recent figure standing at $535.8 million for Q1 2026.

  • In Q1 2026, Gross Profit fell 13.97% year-over-year to $535.8 million; the TTM figure through Mar 2026 stood at $3.6 billion (up 122.0% YoY), while the FY2025 annual figure 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.
  • A 5-year average of $658.7 million and a median of $758.9 million in 2023 frame the typical range for Gross Profit.
  • Across the five-year window, Gross Profit surged 221.02% in 2022 and tumbled 394.65% in 2024, its largest moves.
  • Patterson Uti Energy's Gross Profit stood at $567.7 million in 2022, then declined by 12.45% to $497.0 million in 2023, then sank by 394.65% to -$1.5 billion in 2024, then jumped by 162.98% to $922.4 million in 2025, then plunged by 41.91% to $535.8 million in 2026.
  • According to Business Quant data, Gross Profit over the past three periods registered $535.8 million, $922.4 million, and $929.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn -

Historic Data

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DateValue
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
Sep 30, 2023 1.00 Bn
Sep 30, 2023 1.00 Bn
Jun 30, 2023 758.89 Mn
Jun 30, 2023 758.89 Mn
Mar 31, 2023 791.80 Mn
Mar 31, 2023 791.80 Mn
Dec 31, 2022 567.72 Mn
Dec 31, 2022 567.72 Mn
Sep 30, 2022 727.50 Mn
Sep 30, 2022 727.50 Mn
Jun 30, 2022 576.80 Mn
Jun 30, 2022 576.80 Mn
Mar 31, 2022 351.91 Mn
Mar 31, 2022 351.91 Mn
Dec 31, 2021 -469.12 Mn
Dec 31, 2021 -469.12 Mn
Sep 30, 2021 329.53 Mn
Sep 30, 2021 329.53 Mn
Jun 30, 2021 191.64 Mn
Jun 30, 2021 191.64 Mn
Mar 31, 2021 230.70 Mn
Mar 31, 2021 230.70 Mn
Dec 31, 2020 206.10 Mn
Dec 31, 2020 206.10 Mn
Sep 30, 2020 148.02 Mn
Sep 30, 2020 148.02 Mn
Jun 30, 2020 194.11 Mn
Jun 30, 2020 194.11 Mn
Mar 31, 2020 282.51 Mn
Mar 31, 2020 282.51 Mn
Dec 31, 2019 898.84 Mn
Dec 31, 2019 898.84 Mn
Sep 30, 2019 422.15 Mn
Sep 30, 2019 422.15 Mn
Jun 30, 2019 473.97 Mn
Jun 30, 2019 473.97 Mn
Mar 31, 2019 501.42 Mn
Mar 31, 2019 501.42 Mn
Dec 31, 2018 188.72 Mn
Dec 31, 2018 188.72 Mn
Sep 30, 2018 524.98 Mn
Sep 30, 2018 524.98 Mn
Jun 30, 2018 836.91 Mn
Jun 30, 2018 836.91 Mn
Mar 31, 2018 791.42 Mn
Mar 31, 2018 791.42 Mn
Dec 31, 2017 763.46 Mn
Dec 31, 2017 763.46 Mn
Sep 30, 2017 394.67 Mn
Sep 30, 2017 394.67 Mn
Jun 30, 2017 566.52 Mn
Jun 30, 2017 566.52 Mn
Mar 31, 2017 301.92 Mn
Mar 31, 2017 301.92 Mn
Dec 31, 2016 -53.33 Mn
Dec 31, 2016 -53.33 Mn
Sep 30, 2016 204.29 Mn
Sep 30, 2016 204.29 Mn
Jun 30, 2016 192.26 Mn
Jun 30, 2016 192.26 Mn
Mar 31, 2016 266.85 Mn
Mar 31, 2016 266.85 Mn
Dec 31, 2015 335.16 Mn
Dec 31, 2015 335.16 Mn
Sep 30, 2015 419.73 Mn
Sep 30, 2015 419.73 Mn
Jun 30, 2015 469.98 Mn
Jun 30, 2015 469.98 Mn
Mar 31, 2015 654.90 Mn
Mar 31, 2015 654.90 Mn
Dec 31, 2014 897.54 Mn
Dec 31, 2014 897.54 Mn
Sep 30, 2014 842.35 Mn
Sep 30, 2014 842.35 Mn
Jun 30, 2014 754.40 Mn
Jun 30, 2014 754.40 Mn
Mar 31, 2014 674.89 Mn
Mar 31, 2014 674.89 Mn
Dec 31, 2013 -2.00 Bn
Dec 31, 2013 -2.00 Bn
Sep 30, 2013 727.31 Mn
Sep 30, 2013 727.31 Mn
Jun 30, 2013 656.10 Mn
Jun 30, 2013 656.10 Mn
Mar 31, 2013 13.86 Mn
Mar 31, 2013 13.86 Mn
Dec 31, 2012 2.68 Bn
Dec 31, 2012 2.68 Bn
Sep 30, 2012 640.93 Mn
Sep 30, 2012 640.93 Mn
Jun 30, 2012 678.53 Mn
Jun 30, 2012 678.53 Mn
Mar 31, 2012 743.19 Mn
Mar 31, 2012 743.19 Mn
Dec 31, 2011 40.51 Mn
Dec 31, 2011 40.51 Mn
Sep 30, 2011 9.53 Mn
Sep 30, 2011 9.53 Mn
Jun 30, 2011 597.96 Mn
Jun 30, 2011 597.96 Mn
Mar 31, 2011 8.39 Mn
Mar 31, 2011 8.39 Mn
Dec 31, 2010 7.17 Mn
Dec 31, 2010 7.17 Mn
Sep 30, 2010 377.18 Mn
Sep 30, 2010 377.18 Mn
Jun 30, 2010 5.88 Mn
Jun 30, 2010 5.88 Mn
Mar 31, 2010 5.04 Mn
Mar 31, 2010 5.04 Mn
Dec 31, 2009 4.20 Mn
Dec 31, 2009 4.20 Mn
Sep 30, 2009 157.89 Mn
Sep 30, 2009 157.89 Mn
Jun 30, 2009 3.35 Mn
Jun 30, 2009 3.35 Mn
Mar 31, 2009 2.42 Mn
Mar 31, 2009 2.42 Mn