Patterson Uti Energy PTEN
NASDAQ PTEN
$12.34 +0.16 (+1.31%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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