PTEN · XBRL financial data

Patterson-UTI Energy financial statements, every fiscal year

The same tables from 8 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 years (PTEN's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	—	—	2,648	4,146	5,378	4,827
Revenue from contracts with customers	1,124	1,357	2,648	4,146	5,312	4,794
Selling, general and administrative	98	92	117	170	268	255
Other operating income (expense)	(7)	(1)	13	17	11	(15)
Operating income (loss)	(892)	(678)	211	352	(890)	(41)
Interest income	1	0	0	6	6	7
Interest expense	41	42	40	53	72	71
Other income (expense)	1	(0)	(3)	2	(1)	2
Income tax expense (benefit)	(127)	(63)	13	61	9	(10)
Net income (loss)	(804)	(655)	155	246	(968)	(94)
Earnings per share, basic USD per share	(4.27)	(3.36)	0.72	0.88	(2.44)	(0.24)
Earnings per share, diluted USD per share	(4.27)	(3.36)	0.70	0.88	(2.44)	(0.24)
Weighted average shares, basic millions of shares	188	0	0	0	397	383
Weighted average shares, diluted millions of shares	188	0	0	0	397	383

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	225	118	138	193	239	419
Accounts receivable	160	356	566	971	764	723
Inventory	33	42	58	181	167	160
Prepaid and other current assets	—	—	—	—	—	114
Total current assets	478	584	829	1,486	1,295	1,418
Property and equipment, net	2,761	2,332	2,261	3,340	3,010	2,711
Right-of-use asset	17	19	21	48	44	43
Goodwill	—	0	0	1,380	487	487
Total assets	3,299	2,958	3,144	7,420	5,833	5,570
Accounts payable	92	190	237	534	421	471
Accrued liabilities	175	239	304	446	386	366
Current portion of long-term debt	—	—	0	12	6	0
Total current liabilities	274	436	551	1,050	842	864
Long-term debt	901	852	831	1,225	1,220	1,221
Lease liability, non-current	19	18	20	38	34	28
Total liabilities	1,283	1,348	1,478	2,599	2,358	2,346
Retained earnings (accumulated deficit)	472	(198)	(87)	57	(1,039)	(1,258)
Total stockholders' equity	2,016	1,609	1,666	4,812	3,466	3,219
Total liabilities and equity	3,299	2,958	3,144	7,420	5,833	5,570
Common shares outstanding (cover page) millions of shares	188	215	214	408	386	380

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(804)	(655)	155	246	(968)	(94)
Stock-based compensation	27	22	21	47	46	39
Net cash from operating activities	279	95	566	1,006	1,176	961
Purchases of property and equipment	145	166	437	616	678	589
Net cash from investing activities	(125)	(132)	(413)	(1,018)	(655)	(567)
Share repurchases	21	6	70	201	290	70
Dividends paid	19	16	43	100	127	122
Net cash from financing activities	(103)	(72)	(133)	66	(475)	(211)
Net change in cash	51	(107)	20	55	49	179

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.