Patterson Uti Energy (PTEN) Revenue (2009 - 2026)
Patterson Uti Energy's (PTEN) quarterly Revenue came in at $1.1 billion in Q1 2026, down 12.75% year-on-year from $1.3 billion in Q1 2025, and down 2.91% quarter-over-quarter from $1.2 billion in Q4 2025.
Patterson Uti Energy (PTEN) Revenue (2009 - 2026) Analysis & Trends
Patterson Uti Energy has disclosed Revenue across 18 years of filings, most recently posting $1.1 billion for Q1 2026.
- Revenue for Q1 2026 came in at $1.1 billion, down 12.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.7 billion (down 9.41% YoY), and the FY2025 annual result was $4.8 billion, down 10.25% from the prior year.
- Revenue 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, Revenue ranged from a high of $1.6 billion in Q4 2023 to a low of $509.4 million in Q1 2022.
- The 5-year median for Revenue is $1.2 billion (2025), against an average of $1.1 billion.
- Across the five-year window, Revenue soared 1799.94% in 2022 and slipped 26.65% in 2024, its largest moves.
- Patterson Uti Energy's Revenue stood at $788.5 million in 2022, then surged by 100.93% to $1.6 billion in 2023, then retreated by 26.65% to $1.2 billion in 2024, then decreased by 0.97% to $1.2 billion in 2025, then slipped by 2.91% to $1.1 billion in 2026.
- The last three Revenue figures came in at $1.1 billion (Q1 2026), $1.2 billion (Q4 2025), and $1.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 383.60 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 785.69 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 1.08 Bn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 1.12 Bn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 932.36 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 358.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 1.27 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 783.55 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 247.00 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 465.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.12 Bn |
| Dec 31, 2025 | 1.15 Bn |
| Sep 30, 2025 | 1.18 Bn |
| Jun 30, 2025 | 1.22 Bn |
| Mar 31, 2025 | 1.28 Bn |
| Dec 31, 2024 | 1.16 Bn |
| Sep 30, 2024 | 1.36 Bn |
| Jun 30, 2024 | 1.35 Bn |
| Mar 31, 2024 | 1.51 Bn |
| Dec 31, 2023 | 1.58 Bn |
| Sep 30, 2023 | 1.01 Bn |
| Jun 30, 2023 | 758.89 Mn |
| Mar 31, 2023 | 791.80 Mn |
| Dec 31, 2022 | 788.48 Mn |
| Sep 30, 2022 | 727.50 Mn |
| Jun 30, 2022 | 622.24 Mn |
| Mar 31, 2022 | 509.38 Mn |
| Dec 31, 2021 | 41.50 Mn |
| Sep 30, 2021 | 357.89 Mn |
| Jun 30, 2021 | 291.77 Mn |