Short answer
PATTERSON UTI ENERGY INC (PTEN) filed its Q1 2026 10-Q quarterly report on Apr 28, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $1.1B (down 12.1% year over year) with net income of −$25M.
Q1 2026 key financials · XBRL
- Revenue
- $1.1B
- −12.1% YoY
- Net income
- −$25M
- −2550.4% YoY
- Operating margin
- -1.3%
- EPS (diluted)
- −$0.06
Source: XBRL data from the PATTERSON UTI ENERGY INC (PTEN) Q1 2026 10-Q on SEC EDGAR. USD.
PATTERSON UTI ENERGY INC Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $1.117B, down 12.7% YoY from $1.281B
- Completion Services largest segment: $680M revenue, down 11.3% YoY; Drilling Products weakest adjusted gross profit, $32.9M, down 15.1%
- Effective tax rate 12.8% vs 51.9% YoY
- Cash $335M; operating cash flow $63.9M vs $208.1M YoY, with $117M capital expenditures
- Second-quarter outlook: drilling adjusted gross profit down slightly; completion services higher; drilling products down slightly
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other PATTERSON UTI ENERGY INC quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.