pten: the income statement

MyFinsight

PATTERSON UTI ENERGY INC (PTEN)

For the quarter ending 2025-06-30, PTEN made $1,219,320K in revenue. -$49,144K in net income. Net profit margin of -4.03%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Revenues	1,219,320	1,280,537	1,357,222	1,348,194
Credit loss expense	-	-	721	-273
Impairment of goodwill	-	-	885,240	-
Selling, general and administrative	64,108	66,930	65,696	64,578
Other operating expense (income), net	7,011	-2,950	-2,908	10,786
Operating costs and expenses-Other	6,173	9,164	10,077	10,280
Operating costs and expenses-Drilling Services	254,772	247,629	250,877	261,497
Operating costs and expenses-Drilling Products	49,335	46,940	47,144	46,147
Operating costs and expenses-Completion Services	619,083	657,681	703,809	653,240
Merger and integration expense	488	432	6,699	10,645
Depreciation, depletion, amortization and impairment	261,858	231,866	374,680	267,638
Total operating costs and expenses	1,248,806	1,263,592	2,347,851	1,302,966
Operating income (loss)	-29,486	16,945	-990,629	45,228
Other income (expense)	-1,644	1,968	-716	224
Interest income	1,272	1,464	745	1,867
Interest expense, net of amount capitalized	17,645	17,697	17,990	17,913
Total other expense	-18,017	-14,265	-17,961	-15,822
Income (loss) before income taxes	-47,503	2,680	-1,008,590	29,406
Income tax expense	1,194	1,390	-30,256	17,785
Net income (loss)	-48,697	1,290	-978,334	11,621
Net income attributable to noncontrolling interest	447	285	427	544
Net income (loss) attributable to common stockholders	-49,144	1,005	-978,761	11,077

Basic (in shares)	385,365,000	386,521,000	391,732,000	399,558,000
Basic (in usd per share)	-0.13	-	-2.5	0.03
Diluted (in shares)	385,365,000	387,044,000	391,732,000	399,558,000
Diluted (in usd per share)	-0.13	-	-2.5	0.03

Unit: Thousand (K) dollars (except for numbers of shares and EPS)