Precision Drilling Corporation (PDS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 527.41M | 478.12M | 462.25M | 406.62M | 496.33M | 468.17M | 477.15M | 429.21M | 527.79M | 506.87M | 328.86M | 425.62M | 558.61M | 510.5M | 310.24M | 253.14M | 280.79M | 233.39M | 253.81M | 162.61M |
| Revenue Growth % | 6.26% | 2.12% | -3.12% | -5.27% | -5.96% | -7.64% | 45.1% | 0.84% | -5.52% | -0.71% | 6% | 68.14% | 98.94% | 118.74% | 22.23% | 55.67% | 49.24% | 47.42% | 53.99% | 16.71% |
| Cost of Goods Sold | 445.84M | 411.2M | 313.83M | 74.86M | 75.04M | 82.21M | 75.07M | 359.23M | 78.21M | 78.73M | 265.87M | 334.26M | 411.41M | 411.58M | 256.03M | 240.95M | 261.68M | 224M | 253.85M | 174.96M |
| COGS % of Revenue | 84.53% | 86% | 67.89% | 18.41% | 15.12% | 17.56% | 15.73% | 83.69% | 14.82% | 15.53% | 80.85% | 78.53% | 73.65% | 80.62% | 82.53% | 95.18% | 93.2% | 95.98% | 100.02% | 107.6% |
| Gross Profit | 81.57M | 66.92M | 148.42M | 331.76M | 421.3M | 385.96M | 402.08M | 69.99M | 449.57M | 428.14M | 62.98M | 91.36M | 147.2M | 98.92M | 54.21M | 12.2M | 19.11M | 9.39M | -40K | -12.36M |
| Gross Margin % | 15.47% | 14% | 32.11% | 81.59% | 84.88% | 82.44% | 84.27% | 16.31% | 85.18% | 84.47% | 19.15% | 21.47% | 26.35% | 19.38% | 17.47% | 4.82% | 6.8% | 4.02% | -0.02% | -7.6% |
| Gross Profit Growth % | -80.64% | -82.66% | -63.09% | 374.03% | -6.29% | -9.85% | 538.42% | -23.4% | 205.42% | 332.79% | 16.18% | 649.13% | 670.37% | 953.42% | 135621.82% | 198.71% | 565.32% | 240.72% | 99.75% | -329.62% |
| Operating Expenses | 41.85M | 29.09M | 30.79M | 298.51M | 358.83M | 347.64M | 334.73M | 28.68M | 384.64M | 365.23M | 32.52M | 23.36M | 15.52M | 79.21M | 18M | 16.59M | 44.36M | 15.16M | 23.98M | 27.02M |
| OpEx % of Revenue | 7.94% | 6.08% | 6.66% | 73.41% | 72.3% | 74.26% | 70.15% | 6.68% | 72.88% | 72.06% | 9.89% | 5.49% | 2.78% | 15.52% | 5.8% | 6.55% | 15.8% | 6.5% | 9.45% | 16.62% |
| Selling, General & Admin | 41.85M | 29.09M | 30.79M | 24.77M | 29.77M | 35.34M | 23.26M | 28.68M | 45.13M | 39.13M | 32.52M | 23.36M | 15.52M | 79.21M | 18M | 16.59M | 44.36M | 15.16M | 23.98M | 27.02M |
| SG&A % of Revenue | 7.94% | 6.08% | 6.66% | 6.09% | 6% | 7.55% | 4.88% | 6.68% | 8.55% | 7.72% | 9.89% | 5.49% | 2.78% | 15.52% | 5.8% | 6.55% | 15.8% | 6.5% | 9.45% | 16.62% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 39.72M | 37.83M | 117.63M | 33.24M | 62.46M | 38.32M | 67.35M | 41.3M | 64.94M | 62.91M | 30.46M | 68M | 131.68M | 19.72M | 36.21M | -4.39M | -25.26M | -5.77M | -24.02M | -39.38M |
| Operating Margin % | 7.53% | 7.91% | 25.45% | 8.18% | 12.58% | 8.18% | 14.12% | 9.62% | 12.3% | 12.41% | 9.26% | 15.98% | 23.57% | 3.86% | 11.67% | -1.74% | -8.99% | -2.47% | -9.46% | -24.22% |
| Operating Income Growth % | -36.41% | -1.26% | 74.65% | -19.52% | -3.81% | -39.09% | 121.1% | -39.26% | -50.69% | 219.04% | -15.88% | 1647.94% | 621.36% | 441.77% | 250.74% | 88.84% | -15.54% | 80.88% | 13.79% | -111.43% |
| EBITDA | 124.27M | 126.28M | 197.12M | 108.1M | 137.5M | 120.53M | 142.43M | 115.12M | 143.15M | 141.64M | 84.34M | 142.09M | 203.22M | 91.09M | 86.39M | 49.77M | 29.45M | 50.5M | 45.41M | 16.91M |
| EBITDA Margin % | 23.56% | 26.41% | 42.64% | 26.59% | 27.7% | 25.74% | 29.85% | 26.82% | 27.12% | 27.94% | 25.65% | 33.38% | 36.38% | 17.84% | 27.85% | 19.66% | 10.49% | 21.64% | 17.89% | 10.4% |
| EBITDA Growth % | -9.62% | 4.78% | 38.4% | -6.1% | -3.95% | -14.91% | 68.87% | -18.98% | -29.56% | 55.49% | -2.38% | 185.49% | 589.94% | 80.36% | 90.26% | 194.27% | -16.88% | 77.43% | -8.67% | -58.69% |
| D&A (Non-Cash Add-back) | 84.55M | 88.45M | 79.49M | 74.86M | 75.04M | 82.21M | 75.07M | 73.82M | 78.21M | 78.73M | 53.88M | 74.09M | 71.54M | 71.37M | 50.18M | 54.16M | 54.71M | 56.27M | 69.43M | 56.29M |
| EBIT | 39.72M | 37.83M | 40.98M | 39.61M | 64.79M | 35.44M | 69.98M | 49.05M | 67.8M | 97.3M | 35.08M | 66.29M | 131.68M | 19.72M | 43.12M | 201.88K | -17.88M | -4.73M | -21.72M | -39.59M |
| Net Interest Income | -12.39M | -12.82M | -13.75M | -14.86M | -10.95M | -16.28M | -16.91M | -18.19M | -18.37M | -19.47M | -19.62M | -21.41M | -22.92M | -23.52M | -16.27M | -16.34M | -16.57M | -20.65M | -20.64M | -22.37M |
| Interest Income | 0 | 0 | 0 | 0 | 346.73K | -1.49M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 105.5K | 0 | 27.17K | 0 | 0 | 48.45K |
| Interest Expense | 12.39M | 12.82M | 13.75M | 14.86M | 11.3M | 14.79M | 16.91M | 18.19M | 18.37M | 19.47M | 19.62M | 21.41M | 22.92M | 23.52M | 16.38M | 16.34M | 16.59M | 20.65M | 20.64M | 22.42M |
| Other Income/Expense | -12.59M | -83.11M | -90.41M | -8.49M | -13.21M | -17.67M | -14.29M | -10.09M | -15.3M | 15.21M | -10.08M | -22.32M | -17.39M | -6.95M | -9.47M | -11.74M | -9.21M | -15.32M | -17.52M | -22.63M |
| Pretax Income | 27.13M | -45.28M | 27.23M | 24.75M | 49.26M | 20.65M | 53.06M | 31.21M | 49.64M | 78.12M | 20.38M | 45.69M | 114.28M | 12.77M | 26.74M | -16.14M | -34.47M | -21.08M | -41.54M | -62M |
| Pretax Margin % | 5.14% | -9.47% | 5.89% | 6.09% | 9.92% | 4.41% | 11.12% | 7.27% | 9.4% | 15.41% | 6.2% | 10.73% | 20.46% | 2.5% | 8.62% | -6.37% | -12.28% | -9.03% | -16.37% | -38.13% |
| Income Tax | 9.24M | -3.44M | 33.7M | 8.27M | 14.31M | 5.72M | 13.88M | 10.51M | 13.12M | -68.6M | 5.81M | 18.79M | 18.45M | 9.29M | 4.57M | 2.97M | 569.83K | 527.33K | -3.51M | -699.35K |
| Effective Tax Rate % | 34.05% | 7.6% | 123.77% | 33.39% | 29.05% | 27.69% | 26.16% | 33.68% | 26.44% | -87.82% | 28.52% | 41.12% | 16.15% | 72.73% | 17.09% | -18.42% | -1.65% | -2.5% | 8.44% | 1.13% |
| Net Income | 17.42M | -42.14M | -6.76M | 16.27M | 34.51M | 14.79M | 39.18M | 20.7M | 36.52M | 146.72M | 14.57M | 26.9M | 95.83M | 3.48M | 22.17M | -19.11M | -35.04M | -21.61M | -38.03M | -61.3M |
| Net Margin % | 3.3% | -8.81% | -1.46% | 4% | 6.95% | 3.16% | 8.21% | 4.82% | 6.92% | 28.95% | 4.43% | 6.32% | 17.16% | 0.68% | 7.15% | -7.55% | -12.48% | -9.26% | -14.98% | -37.7% |
| Net Income Growth % | -49.52% | -384.83% | -117.25% | -21.42% | -5.49% | -89.92% | 168.95% | -23.04% | -61.9% | 4112.52% | -34.28% | 240.77% | 373.49% | 116.12% | 158.29% | 68.83% | -21.97% | 26.61% | -33.56% | -70.86% |
| Net Income (Continuing) | 17.89M | -41.83M | -6.47M | 16.49M | 34.95M | 14.93M | 39.18M | 20.7M | 36.52M | 146.72M | 14.57M | 26.9M | 95.83M | 3.48M | 22.17M | -19.11M | -35.04M | -21.61M | -38.03M | -61.3M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 5.13M | 4.82M | 4.64M | 4.66M | 4.96M | 4.53M | 4.39M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.35 | -3.22 | -0.48 | 1.07 | 2.20 | 1.06 | 2.31 | 1.44 | 2.53 | 9.81 | 1.45 | 1.63 | 5.57 | 0.26 | 2.04 | -1.81 | -3.25 | -2.05 | -2.86 | -5.71 |
| EPS Growth % | -38.64% | -403.77% | -120.78% | -25.69% | -13.04% | -89.19% | 59.31% | -11.66% | -54.58% | 3673.08% | -28.92% | 190.06% | 271.38% | 112.68% | 171.33% | 68.3% | -21.27% | 25.18% | -38.16% | -60.39% |
| EPS (Basic) | 1.35 | -3.22 | -0.50 | 1.21 | 2.52 | 1.06 | 2.77 | 1.44 | 2.53 | 10.42 | 1.45 | 1.97 | 7.02 | 0.26 | 2.04 | -1.81 | -3.25 | -2.05 | -2.86 | -5.71 |
| Diluted Shares Outstanding | 12.94M | 13.05M | 13.99M | 13.99M | 14.29M | 13.99M | 14.89M | 14.39M | 14.41M | 15.51M | 13.61M | 14.75M | 14.84M | 13.54M | 15.04M | 13.59M | 13.48M | 13.3M | 13.3M | 13.3M |
| Basic Shares Outstanding | 12.93M | 13.05M | 13.4M | 13.4M | 13.68M | 13.98M | 14.14M | 14.39M | 14.41M | 14.08M | 13.61M | 13.67M | 13.65M | 13.54M | 15.04M | 13.59M | 13.48M | 13.3M | 13.3M | 13.29M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |