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
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