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Patterson-UTI Energy PTEN Net Income
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Where this comes from
Reported directly by Patterson-UTI Energy in its filing.
Tagged under the XBRL concept us-gaap:NetIncomeLoss.
The source filing: Patterson-UTI Energy’s 10-Q, filed April 28, 2026.
- Filed
- Apr 28, 2026, 4:06 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000889900-26-000033
| Line item | Three Months Ended March 31, 2026 | 2025 |
|---|---|---|
| Income tax expense (benefit) | (3,596) | 1,390 |
| Net income (loss) | (24,476) | 1,290 |
| Net income (loss) attributable to noncontrolling interest | 151 | 285 |
| Net income (loss) attributable to common stockholders | $(24,627) | $1,005 |
| Net income (loss) attributable to common stockholder per common share: | ||
| Basic | $(0.06) | $0.00 |
| Diluted | $(0.06) | $0.00 |
| Weighted average number of common shares outstanding: |
ITEM 1. Financial Statements
FAQ
- What is Patterson-UTI Energy's net income?
- Patterson-UTI Energy (PTEN) reported net income of -$24.63M in Q1 2026.
- How has Patterson-UTI Energy's net income changed year-over-year?
- Patterson-UTI Energy's net income decreased by 2550.4% year-over-year, from $1.01M to -$24.63M.
- What is the long-term trend for Patterson-UTI Energy's net income?
- Over 4 years (2021 to 2025), Patterson-UTI Energy's net income has grown at a -38.5% compound annual growth rate (CAGR), from -$654.55M to -$93.64M.
- What does net income mean?
- The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.
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