Q2 FY2026 EarningsQ2 FY26 results beat revenue expectations but missed on EPS, with revenue reaching $1,228.0M vs. $1,154.2M expected. The GAAP EPS of -$0.05 missed the -$0.034 consensus, primarily due to a $21M one-time charge related to exiting Colombian operations. Completion Services drove top-line strength, while management’s Q3 guidance for higher adjusted gross profit across all segments suggests a favorable activity recovery in North America.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Patterson-UTI Energy(PTEN) the Revenue is 1.228 B (+0.71%), Beat estimate;the EBIT is -6.962 M (+76.39%), Miss estimate;the EPS is -0.05 (+61.54%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
1.23B0.71%
1.15B5.34%
+0.07B6.05%
EBITMiss expectations
-0.01B76.39%
0.00B102.69%
-0.01B26.30%
EPSMiss expectations
-0.0561.54%
-0.034173.81%
-0.015912.27%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf