Short answer
PATTERSON UTI ENERGY INC (PTEN) filed its Q2 2026 10-Q quarterly report on Aug 4, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $1.2B (up 0.6% year over year) with net income of −$20M.
Q2 2026 key financials · XBRL
- Revenue
- $1.2B
- +0.6% YoY · +9.7% QoQ
- Net income
- −$20M
- +60.1% YoY · +20.4% QoQ
- Operating margin
- -0.6%
- EPS (diluted)
- −$0.06
- +50.0% YoY · +0.0% QoQ
Source: XBRL data from the PATTERSON UTI ENERGY INC (PTEN) Q2 2026 10-Q on SEC EDGAR. USD.
PATTERSON UTI ENERGY INC Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Completion Services largest segment, revenue $753.641M; adjusted gross profit $122.925M, up 25.3% sequentially
- Drilling Products fastest sequential revenue growth, $91.333M, up 14.5%; operating income $8.317M, up 63.0%
- $500M 6.05% senior notes issued; approximately $483M of 2028 Notes redeemed
- Q3 outlook: higher adjusted gross profit across all segments; U.S. average rig count approximately 100 and geopolitical volatility remains a headwind
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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