Patterson-UTI Energy financials
$10.55−2.77%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.23B | $1.12B | $1.15B | $1.18B | $1.22B | $1.28B | $1.16B | $1.36B | $1.35B | $1.51B | $1.58B | $1.01B |
| Gross profit | $280.6M | $268.2M | $278.9M | $282.1M | $290.0M | $319.1M | $302.5M | $345.3M | $1.35B | $433.2M | $465.2M | $320.0M |
| Gross margin | 22.9% | 24.0% | 24.2% | 24.0% | 23.8% | 24.9% | 26.0% | 25.4% | 100.0% | 28.7% | 29.4% | 31.6% |
| Operating income | -$7.0M | -$14.3M | -$18.7M | -$5.5M | -$29.5M | $16.9M | -$18.0M | -$987.0M | $45.2M | $87.0M | $33.6M | $79.9M |
| Net income | -$19.6M | -$24.6M | -$9.1M | -$36.4M | -$49.1M | $1.0M | -$51.6M | -$978.8M | $11.1M | $51.2M | $62.0M | $50.0K |
| Net margin | −1.6% | −2.2% | −0.8% | −3.1% | −4.0% | 0.1% | −4.4% | −72.1% | 0.8% | 3.4% | 3.9% | 0.0% |
| Diluted EPS | $-0.05 | $-0.06 | $-0.02 | $-0.10 | $-0.13 | $0.00 | $-0.13 | $-2.50 | $0.03 | $0.13 | $0.15 | $0.00 |
| EBITDA | $210.8M | $204.1M | $202.3M | $221.1M | $232.4M | $248.8M | $240.1M | $286.3M | $316.8M | $374.2M | $131.7M | $277.5M |
| Operating cash flow | $56.1M | $63.9M | $397.5M | $215.8M | $139.7M | $208.1M | $315.8M | $296.3M | $197.5M | $365.9M | $452.6M | $156.1M |
| Free cash flow | -$99.8M | -$52.8M | $259.0M | $71.3M | -$4.5M | $46.3M | $175.5M | $115.7M | $67.0M | $138.9M | $247.4M | -$4.3M |
| Diluted shares | 380.2M | 379.6M | 378.6M | 382.8M | 385.4M | 387.0M | 387.7M | 391.7M | 399.6M | 409.8M | 413.4M | 282.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $203.2M | $337.2M | $420.6M | $186.9M | $185.9M | $225.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $1.24B | $1.23B | $1.23B | $1.24B | $1.24B | $1.25B |
| Total assets | $5.37B | $5.36B | $5.57B | $5.53B | $5.58B | $5.77B |
| Total liabilities | $2.27B | $2.19B | $2.35B | $2.28B | $2.23B | $2.33B |
| Shareholders' equity | $3.11B | $3.17B | $3.22B | $3.26B | $3.35B | $3.44B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology