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Patterson-UTI Energy PTEN Operating Income

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Segments

By segment

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Drilling Services$44.3M-41.9%

Other financials

Income statement

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Revenue$1.1B-12.7%
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:OperatingIncomeLoss.

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
General and administrative68,76366,930
Other operating expense (income), net(4,664)3,382
Total operating costs and expenses1,131,6481,263,592
Operating income (loss)(14,317)16,945
Other income (expense):
Interest income2,7651,464
Interest expense, net of amount capitalized(17,485)(17,697)
Other income (expense)9651,968

ITEM 1. Financial Statements

FAQ

What is Patterson-UTI Energy's operating income?
Patterson-UTI Energy (PTEN) reported operating income of -$14.32M in Q1 2026.
How has Patterson-UTI Energy's operating income changed year-over-year?
Patterson-UTI Energy's operating income decreased by 184.5% year-over-year, from $16.95M to -$14.32M.
What is the long-term trend for Patterson-UTI Energy's operating income?
Over 4 years (2021 to 2025), Patterson-UTI Energy's operating income has grown at a -50.5% compound annual growth rate (CAGR), from -$677.75M to -$40.83M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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