Patterson-UTI Energy PTEN Drilling Products — Operating Income (Loss)

Other segment segments

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Questions, answered.

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.