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Other financials

Income statement

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Revenue$1.1B-12.7%
Operating income-$14.3M-184%
Net income-$24.6M-2,550%
EPS (diluted)-$0.06

Balance sheet

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Cash & equivalents$337.2M+49.8%
Total debt$1.3B-1.8%
Total equity$3.2B-7.8%
Total assets$5.4B-7.0%

Cash flow

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Operating cash flow$63.9M-69.3%
CapEx$116.6M-27.9%
Free cash flow-$52.8M-214%

Valuation

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Market cap$3.83B+82.9%
Enterprise value$4.76B+49.1%
P/S0.8×+0.4×

Profitability

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Operating margin-1.5%-0.7pp
Net margin-2.6%-1.2pp
FCF margin6%-1.9pp

Returns & leverage

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Return on equity-3.6%-1.7pp
Debt / equity0.4×0.0×
Current ratio1.8×+0.2×

Where this comes from

Reported directly by Patterson-UTI Energy in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

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 itemThree Months Ended March 31, 20262025
Total other income (expense)(13,755)(14,265)
Income (loss) before income taxes(28,072)2,680
Income tax expense (benefit)(3,596)1,390
Net income (loss)(24,476)1,290
Net income (loss) attributable to noncontrolling interest151285
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

ITEM 1. Financial Statements

FAQ

What is Patterson-UTI Energy's net income?
Patterson-UTI Energy (PTEN) reported net income of -$24.48M in Q1 2026.
How has Patterson-UTI Energy's net income changed year-over-year?
Patterson-UTI Energy's net income decreased by 1997.4% year-over-year, from $1.29M to -$24.48M.
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 -38.6% compound annual growth rate (CAGR), from -$654.55M to -$93.05M.
What does net income mean?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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