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Patterson-UTI Energy PTEN Drilling Products — Operating Income (Loss)
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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
| For the three months ended March 31, 2026 | Drilling Services | Completion Services | Drilling Products | Total |
|---|---|---|---|---|
| General and administrative | 7,097 | 7,330 | 7,923 | 22,350 |
| Depreciation, amortization and impairment (1) | 83,944 | 111,472 | 19,846 | 215,262 |
| Other segment items (2) | (1,488) | — | — | (1,488) |
| Segment operating income (loss) (3) | $44,303 | $(20,701) | $5,104 | $28,706 |
| Reconciliation of revenue: | ||||
| Total segment revenues from external customers | $1,111,101 | |||
| Other revenues (4) | 6,230 | |||
| Total consolidated revenues | $1,117,331 |
ITEM 1. Financial Statements
FAQ
- What is Patterson-UTI Energy's drilling products — operating income (loss)?
- Patterson-UTI Energy (PTEN) reported drilling products — operating income (loss) of $5.1M in Q1 2026.
- How has Patterson-UTI Energy's drilling products — operating income (loss) changed year-over-year?
- Patterson-UTI Energy's drilling products — operating income (loss) decreased by 24.1% year-over-year, from $6.73M to $5.1M.
- What does drilling products — operating income (loss) mean?
- Calculated as the segment's total revenue minus its operating costs, expenses, and depreciation, representing the core profitability of the drilling products business. This metric is the primary measure of the segment's ability to generate profit from its operations before interest and taxes. It is a critical indicator of the segment's competitive health and operational success.
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