Precision Drilling annual operating expenses
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Precision Drilling Operating Expenses Growth & History (PDS)
Precision Drilling's operating expenses was $1.42B for fiscal 2025.
View full Precision Drilling company overviewPrecision Drilling annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.42B | $40.1M | +2.90% |
| 2024 | 2024-12-31 | $1.38B | $1.26B | +1030.31% |
| 2023 | 2023-12-31 | $122.2M | −$58.8M | −32.49% |
| 2022 | 2022-12-31 | $181.0M | $85.1M | +88.66% |
| 2021 | 2021-12-31 | $95.9M | −$215.4M | −69.19% |
| 2020 | 2020-12-31 | $311.3M | −$96.4M | −23.65% |
| 2019 | 2019-12-31 | $407.8M | −$264.2M | −39.32% |
| 2018 | 2018-12-31 | $672.0M | −$254.2M | −27.44% |
| 2017 | 2017-12-31 | $926.2M | $264.5M | +39.97% |
| 2016 | 2016-12-31 | $661.7M | — | — |
Precision Drilling quarterly operating expenses
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $355.7M | $57.2M | +19.17% |
| Q1 2026 | 2026-03-31 | $402.1M | — | — |
| Q4 2025 | 2025-12-31 | $419.2M | — | — |
| Q3 2025 | 2025-09-30 | $344.6M | — | — |
| Q2 2025 | 2025-06-30 | $298.5M | — | — |
Precision Drilling operating expenses trends
Over the last five fiscal years, Precision Drilling's operating expenses increased from $311.3M to $1.42B, a change of $1.11B. The latest reported quarter, Q2 2026, shows $355.7M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Precision Drilling source filings ↗