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
DateValue
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