PTEN
Patterson-UTI Energy, Inc.
NASDAQ · Energy · Oil & Gas Drilling · US
$12.42
−1.04%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 4.7B | 4.8B | 5.4B | 4.1B | 2.6B |
| Cost of Revenue | 4.0B | 4.6B | 5.1B | 3.5B | 2.3B |
| Gross Profit | 663.3M | 229.9M | 286.2M | 603.7M | 317.1M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 260.3M | 255.1M | 268.3M | 170.0M | 116.6M |
| General & Admin Expense | 136.3M | — | 268.3M | 170.0M | 116.6M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 456.4M | — | 907.6M | 81.8M | (10.5M) |
| Total Operating Expenses | 716.7M | 255.1M | 1.2B | 251.8M | 106.1M |
| Cost and Expenses | 4.7B | 4.9B | 6.3B | 3.8B | 2.4B |
| Operating Income (EBIT) | (53.4M) | (25.2M) | (889.7M) | 352.0M | 211.0M |
| Non-Operating | |||||
| Interest Income | 9.6M | 6.6M | 5.7M | 6.1M | 360.0K |
| Interest Expense | 73.0M | 70.5M | 72.0M | 52.9M | 40.3M |
| Net Interest Income | (63.5M) | (63.9M) | (66.2M) | (46.7M) | (39.9M) |
| Other Non-Op Income/Expense | (32.8M) | (77.8M) | (67.2M) | (44.9M) | (43.2M) |
| Non-Operating Income (excl Interest) | (12.3M) | 7.3M | (4.8M) | (8.0M) | 2.9M |
| EBT (Pre-Tax Income) | (86.2M) | (103.0M) | (956.9M) | 307.1M | 167.9M |
| Income Tax Expense | 3.2M | (9.9M) | 9.5M | 61.2M | 13.2M |
| Bottom Line | |||||
| Net Income | (89.7M) | (93.6M) | (968.0M) | 246.3M | 154.7M |
| Earnings from Cont. Ops | (89.4M) | (93.1M) | (966.4M) | 246.0M | 154.7M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (89.7M) | (93.6M) | (968.0M) | 246.3M | 154.7M |
| Per Share | |||||
| Basic EPS | ($0.23) | ($0.24) | ($2.44) | $0.88 | $0.72 |
| Diluted EPS | ($0.23) | ($0.24) | ($2.44) | $0.88 | $0.70 |
| Revenue Per Share | $12.30 | $12.59 | $13.54 | $14.84 | $12.26 |
| Shares | |||||
| Basic Shares Outstanding | 379.9M | 383.5M | 397.2M | 279.5M | 215.9M |
| Diluted Shares Outstanding | 379.9M | 383.5M | 397.2M | 280.1M | 219.5M |
| Profitability Metrics | |||||
| EBITDA | 841.6M | 907.8M | 286.9M | 1.1B | 692.1M |
| D&A | 882.7M | 940.3M | 1.2B | 731.4M | 483.9M |
| EBIT | (41.1M) | (32.5M) | (885.0M) | 360.0M | 208.1M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026