Patterson-UTI reported third-quarter 2026 revenue of $1.3 billion, up 9% from the prior quarter, and net income attributable to common stockholders of $28 million, or $0.07 per diluted share, compared with a loss of $36 million in the same quarter of 2025. The company also declared a $0.10 quarterly dividend and gave fourth-quarter adjusted gross profit targets for its drilling and completion segments, with Drilling Products expected to decline.
Q3 2026 revenue of $1.3 billion, up 9% sequentially; Q3 2026 Adjusted EBITDA of $264 million
Net income attributable to common stockholders of $28 million ($0.07 per diluted share) versus a $20 million loss in Q2 2026
Q4 2026 outlook: Drilling Services adjusted gross profit of $150 million and Completion Services of $140 million; Drilling Products expected to fall 5-10% sequentially
Declared a $0.10 per share dividend payable December 15, 2026 to holders of record as of December 1, 2026
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
From Patterson-UTI Energy, Inc.'s 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$4.79B
-9.8%
$-0.24
—
-2.0%
FY2024
$5.31B
+30.5%
$-2.44
-377.3%
-18.2%
FY2023
$4.07B
+58.6%
$0.88
+25.7%
6.0%
FY2022
$2.57B
+89.2%
$0.70
—
6.0%
FY2021
$1.36B
+20.7%
$-3.36
—
-48.2%
Frequently asked questions
When is Patterson-UTI Energy's next earnings date?
Patterson-UTI Energy has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Patterson-UTI Energy earn last quarter?
For the quarter ended Sep 2026, Patterson-UTI Energy reported diluted EPS of $0.07 on revenue of $1.34B (+14.0%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.