PTEN · XBRL financial data

Patterson-UTI Energy financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (PTEN's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue	1,584*	1,510	1,348	1,357	1,162*	1,281	1,219	1,176	1,151*	1,117	1,228	1,342
Revenue from contracts with customers	1,584*	1,493	1,332	1,342	1,146*	1,265	1,212	1,171	1,146*	1,111	1,218	1,336
Selling, general and administrative	61*	65	65	66	73*	67	64	62	62*	—	—	—
General and administrative	—	—	—	—	—	67	64	62	—	69	68	70
Other operating income (expense)	7*	11	11	(3)	(8)*	(3)	7	(23)	4*	5	(2)	18
Operating income (loss)	112*	87	45	(991)	(31)*	17	(29)	(28)	(0)*	(14)	(7)	63
Interest income	2*	2	2	1	1*	1	1	1	2*	3	3	3
Interest expense	19*	18	18	18	18*	18	18	17	18*	17	20	20
Other income (expense)	(1)*	1	0	(1)	(1)*	2	(2)	1	0*	1	(3)	1
Income tax expense (benefit)	31*	20	18	(30)	2*	1	1	(7)	(6)*	(4)	(9)	19
Net income (loss)	62*	51	11	(979)	(52)*	1	(49)	(36)	(9)*	(25)	(20)	28
Earnings per share, basic USD per share	—	0.13	0.03	(2.50)	(0.13)*	0.00	(0.13)	(0.10)	(0.02)*	(0.06)	(0.05)	0.07
Earnings per share, diluted USD per share	—	0.13	0.03	(2.50)	(0.13)*	0.00	(0.13)	(0.10)	(0.02)*	(0.06)	(0.05)	0.07
Weighted average shares, basic millions of shares	—	408	400	392	389*	387	385	383	379*	380	380	381
Weighted average shares, diluted millions of shares	—	410	400	392	388*	387	385	383	379*	380	380	384

Balance sheet

CSV

Fiscal quarters (PTEN's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	193	168	72	113	239	223	184	185	419	335	201	337
Accounts receivable	971	873	867	864	764	800	771	800	723	742	920	946
Inventory	181	183	172	173	167	168	164	156	160	151	141	144
Prepaid and other current assets	—	—	—	—	—	—	—	—	114	—	109	89
Total current assets	1,486	1,355	1,279	1,302	1,295	1,317	1,241	1,278	1,418	1,322	1,372	1,518
Property and equipment, net	3,340	3,319	3,236	3,095	3,010	2,937	2,835	2,785	2,711	2,628	2,598	2,558
Right-of-use asset	48	51	49	47	44	43	42	43	43	38	42	38
Goodwill	1,380	1,380	1,377	487	487	487	487	487	487	487	487	487
Total assets	7,420	7,226	7,022	5,964	5,833	5,765	5,576	5,533	5,570	5,361	5,373	5,452
Accounts payable	534	545	476	493	421	514	427	461	471	442	513	554
Accrued liabilities	446	324	329	327	386	274	262	284	366	256	248	294
Current portion of long-term debt	12	12	13	10	6	3	0	0	0	—	—	—
Total current liabilities	1,050	917	851	858	842	818	716	778	864	720	784	877
Long-term debt	1,225	1,221	1,219	1,219	1,220	1,220	1,220	1,221	1,221	1,221	1,234	1,234
Lease liability, non-current	38	40	38	37	34	32	30	29	28	25	28	23
Total liabilities	2,599	2,474	2,414	2,392	2,358	2,330	2,227	2,278	2,346	2,195	2,266	2,375
Retained earnings (accumulated deficit)	57	75	54	(956)	(1,039)	(1,070)	(1,150)	(1,218)	(1,258)	(1,320)	(1,379)	(1,389)
Total stockholders' equity	4,812	4,743	4,599	3,562	3,466	3,427	3,342	3,249	3,219	3,159	3,100	3,071
Total liabilities and equity	7,420	7,226	7,022	5,964	5,833	5,765	5,576	5,533	5,570	5,361	5,373	5,452
Common shares outstanding (cover page) millions of shares	408	402	393	390	386	386	385	379	380	380	381	379

Cash flows

CSV

Fiscal quarters (PTEN's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	62*	51	11	(979)	(52)*	1	(49)	(36)	(9)*	(25)	(20)	28
Stock-based compensation	13*	12	11*	13*	11*	12	10*	9*	9*	4	9*	6*
Net cash from operating activities	453*	366	198*	296*	316*	208	140*	216*	398*	64	56*	301*
Purchases of property and equipment	205*	227	131*	181*	140*	162	144*	144*	139*	117	156*	141*
Net cash from investing activities	(204)*	(227)	(122)*	(175)*	(130)*	(165)	(125)*	(148)*	(130)*	(106)	(153)*	(97)*
Share repurchases	76*	98	132*	40*	20*	20	16*	34*	0*	0	9*	24*
Dividends paid	33*	33	32*	31*	31*	31	31*	30*	30*	38	38*	38*
Net cash from financing activities	(123)*	(162)	(171)*	(79)*	(64)*	(59)	(54)*	(66)*	(32)*	(40)	(37)*	(64)*
Net change in cash	126*	(22)	(95)*	40*	126*	(16)	(39)*	1*	234*	(83)	(134)*	136*

Compare with peers

SIC 1381 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 1381 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Patterson Uti Energy	337	1,336	301*	379.4M	—	Q3 FY26 10-QSep 30, 2026
Transocean	499	937	174*	1.1B	—	Q3 FY26 10-QSep 30, 2026
Valaris	525	594	67*	69.4M	—	Q3 FY26 10-QSep 30, 2026
Helmerich & Payne	204	1,035	154*	99.9M	—	Q3 FY26 10-QJun 30, 2026
Oceaneering International	735	785	163*	99.4M	—	Q3 FY26 10-QSep 30, 2026
Liberty Energy	119	1,196	223*	not reported	—	Q3 FY26 10-QSep 30, 2026
Noble	337	729	144*	159.7M	—	Q3 FY26 10-QSep 30, 2026
Hornbeck Offshore Services	652	304	54*	147.4M	—	Q2 FY26 10-QJun 30, 2026
SEADRILL	337	449	(18)*	62.5M	18.7 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.