Patterson-UTI Energy

PTEN

12.2502.34% ( +0.280 )

Closed: Oct 26, 16:00:00 (EDT)

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%

Upcoming earnings report - Q3 FY2026

Available dateOct 29, 2026

Estimate Revenue$1.307 B

Estimate EBIT$34.75 M

Estimate EPS$0.0375

Revenue

ActualEstimateUnit: USD

Quarterly

EBIT

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Quarterly

Net income

ActualEstimateUnit: USD

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EPS

ActualEstimateUnit: USD

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