Q3 FY2026 · ended Sep 30, 2026 · Revenue $1.34B, +14.0% YoY · Filed Nov 2, 2026
Patterson-UTI Energy, Inc. (PTEN) files with the SEC under industry code 1381, Drilling Oil & Gas Wells. In Q3 of fiscal 2026, the quarter ended Sep 30, 2026, it reported revenue of $1.3 billion and net income of $28.4 million. Free cash flow was $159.6 million. As of Sep 30, 2026 it held $337.1 million in cash and investments and $1.3 billion in total debt.
Revenue
$1.34B
+14.0% vs year-ago quarter
Net income
$28.35M
+177.9% vs year-ago quarter
Operating cash flow
$300.94M
+39.4% vs year-ago quarter
Free cash flow
$159.58M
+123.7% vs year-ago quarter
EPS
$0.07
+170.0% vs year-ago quarter
Dividend per share
$0.10
+25.0% vs year-ago quarter
Shares outstanding
379.42M
+0.0% vs year-ago quarter
Net cash
$-949.92M
Q3 FY2026
Operating margin
0.9%
TTM
Company profile
- Industry
- Drilling Oil & Gas Wells (SIC 1381)
- Listed as
- PTEN (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 889900
- Former names
- PATTERSON ENERGY INC (until Apr 23, 2001)
Other Drilling Oil & Gas Wells companies
- Noble Corp plc NE
- Transocean Ltd. RIG
- Valaris Ltd VAL
- Helmerich & Payne, Inc. HP
- Baytex Energy Corp. BTE
- SEADRILL Ltd SDRL
- Nabors Industries Ltd NBR
- PRECISION DRILLING Corp PDS
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q3 FY2026 Sep 30, 2026 |
Q2 FY2026 Jun 30, 2026 |
Q1 FY2026 Mar 31, 2026 |
Q4 FY2025 Dec 31, 2025 |
Q3 FY2025 Sep 30, 2025 |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.1B | $1.1B | $1.2B |
| Operating income | $63.3M | -$7.0M | -$14.3M | -$235,000 | -$28.1M |
| Net income | $28.4M | -$19.6M | -$24.6M | -$9.1M | -$36.4M |
| Diluted EPS | $0.07 | -$0.05 | -$0.06 | -$0.02 | -$0.10 |
| Operating cash flow | $300.9M | $56.1M | $63.9M | $397.5M | $215.8M |
| Free cash flow | $159.6M | -$99.8M | -$52.8M | $259.0M | $71.3M |
| Total assets | $5.5B | $5.4B | $5.4B | $5.6B | $5.5B |
| Total liabilities | $2.4B | $2.3B | $2.2B | $2.3B | $2.3B |
| Stockholders' equity | $3.1B | $3.1B | $3.2B | $3.2B | $3.2B |
| Cash and investments | $337.1M | $201.0M | $335.1M | $418.5M | $184.8M |
| Total debt | $1.3B | $1.3B | $1.3B | $1.3B | $1.3B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 2, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Other events
|
Oct 29, 2026 | Oct 28, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 8, 2026 | Sep 8, 2026 |
| 10-Q | Quarterly report | Aug 4, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Other events
|
Jul 30, 2026 | Jul 29, 2026 |
| 8-K |
Current report
Officer or director change, Shareholder vote results, Other events
|
Jun 4, 2026 | Jun 4, 2026 |
All 1000 Patterson-UTI Energy, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.