Patterson Uti Energy (PTEN) Gross Profit (2009 - 2026)
Patterson Uti Energy (PTEN) posted Gross Profit of $1.1 billion for Q1 2026, down 16.1% sequentially from $1.3 billion in Q4 2025, and down 13.23% YoY from $1.2 billion in Q1 2025.
Patterson Uti Energy (PTEN) Gross Profit (2009 - 2026) Analysis & Trends
Patterson Uti Energy has reported Gross Profit for 18 years, with the latest figure at $1.1 billion in Q1 2026.
- Quarterly Gross Profit fell 13.23% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.9 billion (up 22.08% YoY) and the FY2025 annual result came in at $4.8 billion, up 76.67% from the prior year.
- Gross Profit retreated to $1.1 billion in Q1 2026 per PTEN's latest filing, from $1.3 billion in the prior quarter.
- Over five years, Gross Profit peaked at $1.5 billion in Q1 2024 and troughed at $7.1 million in Q4 2022.
- A 5-year average of $737.3 million and a median of $653.4 million in 2024 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2022 and 2023: Gross Profit tumbled 91.23% in 2022, then soared 6909.29% in 2023.
- Over 5 years, Gross Profit stood at $7.1 million in 2022, then jumped by 6909.29% to $497.0 million in 2023, then increased by 22.05% to $606.6 million in 2024, then surged by 110.31% to $1.3 billion in 2025, then slipped by 16.1% to $1.1 billion in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $1.1 billion, $1.3 billion, and $581.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 597.25 Mn |
| Jun 30, 2026 | 597.25 Mn |
| Mar 31, 2026 | 1.07 Bn |
| Mar 31, 2026 | 1.07 Bn |
| Dec 31, 2025 | 1.28 Bn |
| Dec 31, 2025 | 1.28 Bn |
| Sep 30, 2025 | 581.84 Mn |
| Sep 30, 2025 | 581.84 Mn |
| Jun 30, 2025 | 964.55 Mn |
| Jun 30, 2025 | 964.55 Mn |
| Mar 31, 2025 | 1.23 Bn |
| Mar 31, 2025 | 1.23 Bn |
| Dec 31, 2024 | 606.61 Mn |
| Dec 31, 2024 | 606.61 Mn |
| Sep 30, 2024 | 653.41 Mn |
| Sep 30, 2024 | 653.41 Mn |
| Jun 30, 2024 | 694.95 Mn |
| Jun 30, 2024 | 694.95 Mn |
| Mar 31, 2024 | 1.46 Bn |
| Mar 31, 2024 | 1.46 Bn |