Filing Flows › Patterson UTI Energy (PTEN) › Q2 2026 › vs Q2 2025
Patterson UTI Energy (PTEN) Q2 2026 vs Q2 2025 (year over year)
Patterson UTI Energy's revenue rose $8.6M (+0.7%) from $1.2B in Q2 2025 to $1.2B in Q2 2026. The biggest changes: Completion Services +$34.3M (+5%); Drilling Services −$30.3M (-8%); Drilling Products +$2.9M (+3%).
Patterson UTI Energy, Q2 2026: revenue $1.2B (+0.7% year over year), operating margin -0.6%, net loss $19.3M, operating cash flow $56.1M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Completion Services | $754M | $719M | $34.3M | +5% |
| Drilling Services | $374M | $404M | −$30.3M | -8% |
| Drilling Products | $91.3M | $88.4M | $2.9M | +3% |
| Other | $9.5M | $7.8M | $1.7M | +22% |
| Revenue | $1.2B | $1.2B | $8.6M | +0.7% |
| Income tax benefit | $8.6M | −$1.2M | $9.8M | — |
| Net loss | $19.3M | $48.7M | −$29.4M | -60% |
| Costs & expenses | $1.3B | $1.3B | −$12.1M | -1% |
| Operating costs | $1.2B | $1.2B | −$13.9M | -1% |
| Interest & other, net | $21.0M | $18.0M | $2.9M | +16% |
| Other operating costs | $1.2B | $1.2B | −$17.3M | -1% |
| Operating cash sources | $224M | $239M | −$15.4M | -6% |
| Depreciation & amortization | $215M | $229M | −$14.3M | -6% |
| Share-based compensation | $8.5M | $9.6M | −$1.1M | -11% |
| Net loss absorbed | $19.3M | $48.7M | −$29.4M | -60% |
| Working capital & other | $148M | $50.6M | $97.7M | +193% |
| Operating cash flow | $56.1M | $140M | −$83.7M | -60% |
| Capital expenditures | $156M | $144M | $11.7M | +8% |
| Negative free cash flow (OCF − capex) | $99.8M | $4.5M | $95.4M | 22× |
Questions
How much did Patterson UTI Energy's revenue grow year over year in Q2 2026?
Patterson UTI Energy's revenue rose $8.6M (+0.7%) from $1.2B in Q2 2025 to $1.2B in Q2 2026.
What drove Patterson UTI Energy's revenue change in Q2 2026?
Completion Services +$34.3M (+5%); Drilling Services −$30.3M (-8%); Drilling Products +$2.9M (+3%).