Patterson Uti Energy (PTEN) Operating Expenses (2016 - 2025)

Patterson Uti Energy's Operating Expenses history spans 17 years, with the latest figure at $1.2 billion for Q4 2025.

For Q4 2025, Operating Expenses fell 3.55% year-over-year to $1.2 billion; the TTM value through Dec 2025 reached $4.9 billion, down 22.34%, while the annual FY2025 figure was $4.9 billion, 22.34% down from the prior year.
Operating Expenses for Q4 2025 was $1.2 billion at Patterson Uti Energy, down from $1.2 billion in the prior quarter.
Across five years, Operating Expenses topped out at $2.3 billion in Q3 2024 and bottomed at $358.5 million in Q1 2021.
The 5-year median for Operating Expenses is $914.5 million (2021), against an average of $970.0 million.
The largest YoY upside for Operating Expenses was 139.8% in 2021 against a maximum downside of 61.88% in 2021.
A 5-year view of Operating Expenses shows it stood at $827.3 million in 2021, then fell by 18.81% to $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.
Per Business Quant, the three most recent readings for PTEN's Operating Expenses are $1.2 billion (Q4 2025), $1.2 billion (Q3 2025), and $1.2 billion (Q2 2025).

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