Patterson Uti Energy Inc (PTEN) financials
Patterson Uti Energy revenue and earnings by year
Patterson Uti Energy's revenue was $4.83 billion in the fiscal year to December 31, 2025, down 10.3% from the year before. Net income was -$93.6 million, -1.9% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 20.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.83 | 5.38 | 4.15 | 2.65 | 1.36 | 1.12 | 2.47 | 3.33 | 2.36 | 0.92 |
| Revenue growth | -10.3% | 29.7% | 56.6% | 95.1% | 20.7% | -54.5% | -25.7% | 41.2% | 157.3% | — |
| Gross profit | 1.19 | 1.50 | 1.38 | 0.84 | 0.30 | 0.36 | 0.78 | 1.00 | 0.69 | 0.28 |
| Gross margin | 24.7% | 27.9% | 33.2% | 31.7% | 22.3% | 32.4% | 31.6% | 30.1% | 29.3% | 30.1% |
| Operating income | -0.04 | -0.89 | 0.35 | 0.21 | -0.68 | -0.89 | -0.46 | -0.32 | -0.29 | -0.46 |
| Operating margin | -0.8% | -16.5% | 8.5% | 8.0% | -49.9% | -79.4% | -18.7% | -9.7% | -12.4% | -49.8% |
| Net income | -0.09 | -0.97 | 0.25 | 0.15 | -0.65 | -0.80 | -0.43 | -0.32 | 0.01 | -0.32 |
| Net margin | -1.9% | -18.0% | 5.9% | 5.8% | -48.2% | -71.5% | -17.2% | -9.7% | 0.3% | -34.8% |
| Diluted EPS | -$0.24 | -$2.44 | $0.88 | $0.70 | -$3.36 | -$4.26 | -$2.13 | -$1.48 | — | -$2.17 |
| Free cash flow | 0.42 | 0.52 | 0.42 | 0.16 | -0.05 | 0.15 | 0.39 | 0.14 | -0.21 | 0.21 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open PTEN in Markets.
How Patterson Uti Energy makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Completion Services | $754M | 61.9% |
| Drilling Services | $374M | 30.7% |
| Drilling Products | $91.3M | 7.5% |
See also: PTEN returns
No forecast, no recommendation. This page describes Patterson Uti Energy Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.