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Patterson-UTI Energy PTEN Drilling Products — Revenue

Other segment segments

Completion Services
$766.08M
Drilling Services
$351.72M-14.8%
Other
$4.7M

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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$3.81B+29.4%
Enterprise value$4.74B+18.8%
P/S0.8×+0.2×

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:Revenues.

The official record: Patterson-UTI Energy’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Patterson-UTI Energy's drilling products — revenue?
Patterson-UTI Energy (PTEN) reported drilling products — revenue of $79.8M in Q1 2026.
How has Patterson-UTI Energy's drilling products — revenue changed year-over-year?
Patterson-UTI Energy's drilling products — revenue decreased by 6.8% year-over-year, from $85.66M to $79.8M.
What does drilling products — revenue mean?
Represents the total gross inflows of economic benefits generated from the sale of drilling-related products and services within the specified business segment. This metric reflects the market demand for the company's specialized drilling equipment and consumables. It serves as a primary indicator of the segment's top-line performance and market penetration.