# Patterson-UTI Energy (PTEN) — Earnings

PTEN · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/pten/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| 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 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/889900/000088990026000056/pten-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/5224c551-1af0-96ed-e118-d75db4b1da74.html) |

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

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 30, 2026 | −$0.04 | $0.00 | 106.06% | $1.2B | $1.2B |
| Q1 2026 | Apr 23, 2026 | −$0.10 | −$0.07 | 31.05% | $1.1B | $1.1B |
| Q4 2025 | Feb 5, 2026 | −$0.11 | −$0.04 | 67.22% | $1.1B | $1.2B |
| Q3 2025 | Oct 23, 2025 | −$0.09 | −$0.06 | 34.86% | $1.2B | $1.2B |
| Q2 2025 | Jul 24, 2025 | −$0.04 | −$0.13 | -209.36% | $1.2B | $1.2B |
| Q1 2025 | Apr 24, 2025 | −$0.04 | $0.00 | 111.16% | $1.2B | $1.3B |
| Q4 2024 | Feb 6, 2025 | −$0.10 | −$0.12 | -21.04% | $1.2B | $1.2B |
| Q3 2024 | Oct 24, 2024 | $0.01 | $0.00 | -100.00% | $1.3B | $1.4B |
| Q2 2024 | Jul 25, 2024 | $0.08 | $0.03 | -60.68% | $1.4B | $1.3B |
| Q1 2024 | May 2, 2024 | $0.13 | $0.15 | 19.90% | $1.5B | $1.5B |
| Q4 2023 | Feb 15, 2024 | $0.18 | $0.19 | 3.49% | $1.5B | $1.6B |
| Q3 2023 | Nov 8, 2023 | $0.25 | $0.20 | -18.70% | $1.0B | $1.0B |
| Q2 2023 | Jul 26, 2023 | $0.44 | $0.40 | -9.34% | $781.7M | $758.9M |
| Q1 2023 | Apr 27, 2023 | $0.35 | $0.46 | 30.02% | $756.0M | $791.8M |
| Q4 2022 | Feb 8, 2023 | $0.42 | $0.46 | 9.94% | $761.4M | $788.5M |
| Q3 2022 | Oct 26, 2022 | $0.18 | $0.29 | 63.10% | $677.7M | $727.5M |
| Q2 2022 | Jul 27, 2022 | −$0.02 | $0.11 | 548.55% | $567.7M | $622.2M |
| Q1 2022 | Apr 27, 2022 | −$0.21 | −$0.13 | 39.39% | $511.0M | $509.4M |
| Q4 2021 | Feb 10, 2022 | −$0.35 | −$0.38 | -7.83% | $436.5M | $466.5M |
| Q3 2021 | Oct 28, 2021 | −$0.44 | −$0.44 | 1.92% | $353.0M | $357.9M |

## 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.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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Data provided by [AInvest](https://www.ainvest.com).