Filing Flows › Patterson UTI Energy (PTEN) › Guidance history
Patterson UTI Energy (PTEN) guidance history: what it guided and what it reported
Patterson UTI Energy gave guidance in 12 earnings releases on file since Feb 15, 2024. Its releases raised guidance once and lowered it once.
Adjusted gross profit
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $140M (Oct 29, 2026) | — | to be reported | — |
| Q3 2026 | $140M (Jul 30, 2026) | — | — | — |
| Q2 2026 | $130M (Apr 23, 2026) | — | — | — |
| Q1 2026 | $95.0M (Feb 5, 2026) | — | — | — |
| Q4 2025 | $85.0M (Oct 23, 2025) | — | — | — |
| FY2025 | $130M (Jul 24, 2025) | — | — | — |
| Q4 2024 | $159M (Oct 24, 2024) | — | — | — |
| FY2024 | $168M (Jul 25, 2024) | — | — | — |
| Q2 2024 | $170M (May 2, 2024) | — | — | — |
| Q1 2024 | $40.0M (Feb 15, 2024) | — | — | — |
Tax rate
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | 24.0% (Feb 15, 2024) | — | — | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $500M (Feb 5, 2026) | — | to be reported | — |
| Q4 2025 | $140M (Oct 23, 2025) | $139M (GAAP) | not judged | — |
| FY2025 | $600M (Feb 6, 2025) → reaffirmed $600M (Jul 24, 2025) → reaffirmed $600M (Oct 23, 2025) | $589M (GAAP) | not judged | — |
| Q4 2024 | $150M (Oct 24, 2024) | — | — | — |
| FY2024 | $740M (Feb 15, 2024) → lowered $700M (Oct 24, 2024) | $678M (GAAP) | not judged | — |
EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q2 2026 | $260.00 (Apr 23, 2026) | — | — | — |
| FY2026 | $260.00 (Feb 5, 2026) | — | to be reported | — |
| Q4 2025 | $260.00 (Oct 23, 2025) | — | — | — |
| FY2025 | $260.00 (Feb 6, 2025) → reaffirmed $260.00 (Jul 24, 2025) | — | — | — |
| Q4 2024 | $260.00 (Oct 24, 2024) | — | — | — |
| Q2 2024 | $260.00 (May 2, 2024) | — | — | — |
| Q1 2024 | $260.00 (Feb 15, 2024) | — | — | — |
The latest quarter
Patterson UTI Energy, Q3 2026: revenue $1.3B (+14% year over year), operating margin 4.7%, net earnings $28.6M, operating cash flow $301M. The chart follows the revenue to costs, profit and cash.
Questions
Does Patterson UTI Energy beat its guidance?
Patterson UTI Energy gave guidance in 12 earnings releases on file since Feb 15, 2024. Its releases raised guidance once and lowered it once.
How often does Patterson UTI Energy raise guidance?
Its earnings releases raised guidance once and lowered it once since Feb 15, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.