Patterson-UTI Energy (PTEN) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $0.00
- EPS estimate
- −$0.04
- EPS surprise
- +106.06%
- Revenue surprise
- +6.33%
- Revenue
- $1.2B
- Revenue estimate
- $1.2B
- Reported
- Jul 30, 2026
Patterson-UTI reported Q2 2026 results on July 30, 2026. EPS was $0.00, breakeven, against an expected loss of $0.04, which the source records as a 106.06% beat. Revenue of $1.2 billion beat consensus by 6.33%. A year earlier, Q2 2025 was a loss of $0.13 per share on revenue of $1.2 billion.
Earnings in the table rose and then fell back. After losses in late 2021 and early 2022, EPS turned positive and peaked at $0.46 in Q4 2022 and Q1 2023. Annual EPS was $0.73 in 2022 and $1.25 in 2023, then $0.06 in 2024 and a loss of $0.23 in 2025. Quarterly revenue stepped up from under $800 million in mid-2023 to a high of $1.6 billion in Q4 2023, and has run between $1.1 billion and $1.5 billion since. Q2 2025 through Q1 2026 were four straight losses. Patterson-UTI beat the EPS estimate in 13 of the last 20 quarters, including each of the last four.
Q3 results arrived between October 23 and November 8 over the past five years. That points to late October or early November 2026 for the next report, which will show whether earnings stay at or above breakeven.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 30, 2026 | −$0.04 | $0.00 | +106.06% | $1.2B | SEC |
| Q1 2026 | Apr 23, 2026 | −$0.10 | −$0.07 | +31.05% | $1.1B | SEC |
| Q4 2025 | Feb 5, 2026 | −$0.11 | −$0.04 | +67.22% | $1.2B | SEC |
| Q3 2025 | Oct 23, 2025 | −$0.09 | −$0.06 | +34.86% | $1.2B | SEC |
| Q2 2025 | Jul 24, 2025 | −$0.04 | −$0.13 | −209.36% | $1.2B | SEC |
| Q1 2025 | Apr 24, 2025 | −$0.04 | $0.00 | +111.16% | $1.3B | SEC |
| Q4 2024 | Feb 6, 2025 | −$0.10 | −$0.12 | −21.04% | $1.2B | SEC |
| Q3 2024 | Oct 24, 2024 | $0.01 | $0.00 | −100.00% | $1.4B | SEC |
| Q2 2024 | Jul 25, 2024 | $0.08 | $0.03 | −60.68% | $1.3B | SEC |
| Q1 2024 | May 2, 2024 | $0.13 | $0.15 | +19.90% | $1.5B | SEC |
| Q4 2023 | Feb 15, 2024 | $0.18 | $0.19 | +3.49% | $1.6B | SEC |
| Q3 2023 | Nov 8, 2023 | $0.25 | $0.20 | −18.70% | $1.0B | SEC |
| Q2 2023 | Jul 26, 2023 | $0.44 | $0.40 | −9.34% | $758.9M | SEC |
| Q1 2023 | Apr 27, 2023 | $0.35 | $0.46 | +30.02% | $791.8M | SEC |
| Q4 2022 | Feb 8, 2023 | $0.42 | $0.46 | +9.94% | $788.5M | SEC |
| Q3 2022 | Oct 26, 2022 | $0.18 | $0.29 | +63.10% | $727.5M | SEC |
| Q2 2022 | Jul 27, 2022 | −$0.02 | $0.11 | +548.55% | $622.2M | SEC |
| Q1 2022 | Apr 27, 2022 | −$0.21 | −$0.13 | +39.39% | $509.4M | SEC |
| Q4 2021 | Feb 10, 2022 | −$0.35 | −$0.38 | −7.83% | $466.5M | SEC |
| Q3 2021 | Oct 28, 2021 | −$0.44 | −$0.44 | +1.92% | $357.9M | SEC |
Quarterly revenue
Frequently asked questions
When did Patterson-UTI Energy (PTEN) last report earnings?
Patterson-UTI Energy last reported on Jul 30, 2026, covering fiscal Q2 2026.
Did PTEN beat earnings estimates?
Yes. Patterson-UTI Energy reported EPS of $0.00 for Q2 2026 against a −$0.04 estimate — a 106.06% beat.
How much revenue did PTEN report last quarter?
Patterson-UTI Energy reported $1.2B in revenue for Q2 2026, against a consensus estimate of $1.2B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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