Patterson Uti Energy (PTEN) Revenue (2009 - 2026)
Patterson Uti Energy (PTEN) posted Revenue of $1.1 billion for Q1 2026, down 2.91% sequentially from $1.2 billion in Q4 2025, and down 12.75% YoY from $1.3 billion in Q1 2025.
Patterson Uti Energy (PTEN) Revenue (2009 - 2026) Analysis & Trends
Patterson Uti Energy has reported Revenue for 18 years, with the latest figure at $1.1 billion in Q1 2026.
- Quarterly Revenue fell 12.75% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.7 billion (down 9.41% YoY) and the FY2025 annual result came in at $4.8 billion, down 10.25% from the prior year.
- Revenue retreated to $1.1 billion in Q1 2026 per PTEN's latest filing, from $1.2 billion in the prior quarter.
- Over five years, Revenue peaked at $1.6 billion in Q4 2023 and troughed at $509.4 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 Revenue.
- The sharpest annual moves came in 2022 and 2024: Revenue surged 1799.94% in 2022, then declined 26.65% in 2024.
- Over 5 years, Revenue stood at $788.5 million in 2022, then jumped by 100.93% to $1.6 billion in 2023, then slipped by 26.65% to $1.2 billion in 2024, then dropped by 0.97% to $1.2 billion in 2025, then declined by 2.91% to $1.1 billion in 2026.
- According to Business Quant data, Revenue 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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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | 719.69 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 966.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | 1.23 Bn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 1.03 Bn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 449.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | 232.30 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 816.93 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 327.34 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 539.20 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | 137.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.23 Bn |
| 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 |