| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash, cash equivalents and restricted cash | 186,913 | 185,891 | 225,204 | 115,482 |
| Accounts receivable, net of allowance for credit losses of 14,813 and 15,047 at september30, 2025 and december 31, 2024, respectively | 800,448 | 770,901 | 800,291 | 863,779 |
| Inventory | 155,933 | 163,687 | 167,767 | 172,750 |
| Other current assets | 134,207 | 120,644 | 124,148 | 150,239 |
| Total current assets | 1,277,501 | 1,241,123 | 1,317,410 | 1,302,250 |
| Property and equipment, net | 2,785,428 | 2,835,432 | 2,937,063 | 3,095,070 |
| Operating lease right of use asset | 43,216 | 41,686 | 42,787 | 47,424 |
| Finance lease right of use asset | 22,028 | 22,671 | 24,258 | 33,874 |
| Goodwill | 487,388 | 487,388 | 487,388 | 487,388 |
| Intangible assets, net | 842,972 | 871,950 | 900,959 | 962,595 |
| Deposits on equipment purchases | 11,147 | 19,017 | 19,895 | 10,982 |
| Other assets | 63,430 | 56,353 | 35,666 | 24,094 |
| Deferred tax assets, net | - | - | - | 0 |
| Total assets | 5,533,110 | 5,575,620 | 5,765,426 | 5,963,677 |
| Accounts payable | 461,265 | 426,509 | 513,963 | 493,360 |
| Accrued liabilities | 283,880 | 261,653 | 273,678 | 326,794 |
| Operating lease liability | 17,220 | 15,083 | 13,590 | 13,846 |
| Finance lease liability | 15,408 | 13,227 | 13,840 | 14,889 |
| Current maturities of long-term debt | 0 | 0 | 3,217 | 9,513 |
| Total current liabilities | 777,773 | 716,472 | 818,288 | 858,402 |
| Long-term operating lease liability | 29,140 | 29,591 | 32,060 | 36,794 |
| Long-term finance lease liability | 5,850 | 8,573 | 9,187 | 17,771 |
| Long-term debt, net of debt discount and issuance costs of 6,684 and 7,637 at september30, 2025 and december 31, 2024, respectively | 1,220,716 | 1,220,398 | 1,220,083 | 1,219,461 |
| Deferred tax liabilities, net | 232,803 | 240,142 | 238,512 | 245,687 |
| Other liabilities | 11,743 | 11,771 | 11,891 | 13,604 |
| Total liabilities | 2,278,025 | 2,226,947 | 2,330,021 | 2,391,719 |
| Common stock, par value 0.01 authorized 800,000,000 shares with 523,642,586 and 520,784,783 issued and 379,243,018 and 387,344,755 outstanding at september30, 2025 and december 31, 2024, respectively | 5,235 | 5,234 | 5,216 | 5,207 |
| Additional paid-in capital | 6,484,104 | 6,475,445 | 6,465,885 | 6,443,043 |
| Retained earnings (deficit) | -1,217,668 | -1,150,176 | -1,069,875 | -956,173 |
| Accumulated other comprehensive income (loss) | -1,825 | -1,025 | -2,873 | -51 |
| Treasury stock, at cost, 144,399,568 and 133,440,028 shares at september30, 2025 and december 31, 2024, respectively | 2,021,041 | 1,987,133 | 1,971,362 | 1,929,899 |
| Total stockholders equity attributable to controlling interests | 3,248,805 | 3,342,345 | 3,426,991 | 3,562,127 |
| Noncontrolling interest | 6,280 | 6,328 | 8,414 | 9,831 |
| Total equity | 3,255,085 | 3,348,673 | 3,435,405 | 3,571,958 |
| Total liabilities and stockholders equity | 5,533,110 | 5,575,620 | 5,765,426 | 5,963,677 |
PATTERSON UTI ENERGY INC (PTEN)
PATTERSON UTI ENERGY INC (PTEN)