Patterson Uti Energy (PTEN) Operating Expenses (2009 - 2026)

Patterson Uti Energy's Operating Expenses history runs 18 years deep, the most recent figure standing at $1.1 billion for Q1 2026.

• In Q1 2026, Operating Expenses fell 10.44% year-over-year to $1.1 billion; the TTM figure through Mar 2026 stood at $4.7 billion (down 22.47% YoY), while the FY2025 annual figure was $4.9 billion, down 22.34% from the prior year.
• Operating Expenses came in at $1.1 billion for Q1 2026 at Patterson Uti Energy, down from $1.2 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $2.3 billion in Q3 2024 to a low of $528.3 million in Q1 2022.
• A 5-year average of $1.1 billion and a median of $1.2 billion in 2025 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses soared 134.38% in 2024 and tumbled 48.72% in 2025, its largest moves.
• Patterson Uti Energy's Operating Expenses stood at $671.7 million in 2022, then surged by 119.25% to $1.5 billion in 2023, then decreased by 18.96% to $1.2 billion in 2024, then dropped by 3.55% to $1.2 billion in 2025, then retreated by 1.69% to $1.1 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $1.1 billion, $1.2 billion, and $1.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

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