PDS revenueFY2025C$1.84B
- FY YoY
- -3.1%
- 5Y CAGR
- +14.5%
PDS revenue was C$1.84B for fiscal 2025 (ended Dec 31, 2025), down 3.1% from fiscal 2024. Compound annual growth was +14.5% over 5 years. It rose in 6 of the last 9 fiscal years.
Precision Drilling Corporation (PDS) financials
For fiscal 2025 (ended Dec 31, 2025), Precision Drilling Corporation reported C$1.84B of revenue and C$1.84M of net income. Figures are in CAD, the currency of its SEC filings.
- Revenue, FY2025
- C$1.84B
- Revenue growth, YoY
- -3.1%
- Net income, FY2025
- C$1.84M
- Net income growth, YoY
- -98.3%
- Net margin
- 0.1%
- Free cash flow, FY2025
- C$149.42M
- EPS, diluted, FY2025
- C$0.14
- EPS growth, YoY
- -98.2%
- Cash
- C$85.78M
- Total debt
- C$679.29M
FY2016FY2025
FY2016FY2025
FY2016FY2025
PDS revenue and earnings growth
PDS net incomeFY2025C$1.84M
- FY YoY
- -98.3%
PDS net income was C$1.84M for fiscal 2025 (ended Dec 31, 2025), down 98.3% from fiscal 2024.
PDS EPSFY2025C$0.14
- FY YoY
- -98.2%
PDS diluted EPS was C$0.14 for fiscal 2025 (ended Dec 31, 2025), down 98.2% from fiscal 2024.
PDS free cash flowFY2025C$149.42M
- FY YoY
- -43.7%
- 5Y CAGR
- -1.9%
PDS free cash flow was C$149.42M for fiscal 2025 (ended Dec 31, 2025), down 43.7% from fiscal 2024. Compound annual growth was -1.9% over 5 years. It rose in 3 of the last 8 fiscal years.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$1.84B | C$1.90B | C$1.94B | C$1.62B | C$986.85M | C$935.75M | C$1.54B | C$1.54B | C$1.32B | C$1.00B |
| Cost of revenue | C$1.24B | C$1.25B | C$1.20B | C$1.12B | C$698.14M | C$583.42M | C$1.04B | C$1.07B | C$926.17M | - |
| Gross profit | C$604.05M | C$653.64M | C$733.31M | C$492.59M | C$288.70M | C$352.33M | C$502.35M | C$473.93M | C$395.05M | - |
| Selling, general and admin | C$114.44M | C$132.42M | C$122.19M | C$180.99M | C$95.93M | C$70.87M | C$104.01M | C$111.83M | C$90.07M | C$107.69M |
| Operating income | - | - | C$611.12M | C$311.61M | C$192.77M | C$40.99M | C$94.58M | -C$198.07M | -C$88.08M | -C$155.98M |
| Interest expense | C$57.20M | C$69.75M | C$83.41M | C$87.81M | C$91.43M | C$107.47M | C$118.45M | C$127.18M | C$137.93M | C$146.36M |
| Pre-tax income | C$55.92M | C$154.56M | C$265.78M | -C$14.14M | -C$182.78M | -C$109.18M | -C$8.34M | -C$323.60M | -C$232.06M | -C$308.59M |
| Income tax | C$52.83M | C$43.23M | -C$23.46M | C$20.15M | -C$5.40M | C$10.95M | -C$14.96M | -C$29.33M | -C$100.02M | -C$153.03M |
| Net income | C$1.84M | C$111.19M | C$289.24M | -C$34.29M | -C$177.39M | -C$120.14M | C$6.62M | -C$294.27M | -C$132.04M | -C$155.56M |
| EPS, basic | C$0.14 | C$7.81 | C$21.03 | -C$2.53 | -C$13.32 | -C$8.76 | C$0.46 | -C$1.00 | -C$0.45 | -C$0.53 |
| EPS, diluted | C$0.14 | C$7.81 | C$19.53 | -C$2.53 | -C$13.32 | -C$8.76 | C$0.45 | -C$1.00 | -C$0.45 | -C$0.53 |
| Diluted shares | 13.3M | 14.2M | 15.3M | 13.5M | 13.3M | 13.7M | 14.9M | 293.6M | 293.2M | 293.1M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | C$85.78M | C$73.77M | C$54.18M | C$21.59M | C$40.59M | C$108.77M | C$74.70M | C$96.63M | C$65.08M | C$115.70M |
| Receivables | C$352.14M | C$378.71M | C$421.43M | C$413.93M | C$255.74M | C$207.21M | C$310.20M | C$372.34M | C$322.58M | C$293.68M |
| Inventory | C$48.99M | C$43.30M | C$35.27M | C$35.16M | C$23.43M | C$26.28M | C$31.72M | C$34.08M | C$24.63M | C$24.14M |
| Current assets | C$486.92M | C$501.28M | C$510.88M | C$470.67M | C$319.76M | C$342.26M | C$417.76M | C$522.70M | C$441.75M | C$471.61M |
| Goodwill | - | - | - | - | - | - | - | C$0 | C$205.17M | C$207.40M |
| Total assets | C$2.73B | C$2.96B | C$3.02B | C$2.88B | C$2.66B | C$2.90B | C$3.27B | C$3.64B | C$3.89B | C$4.32B |
| Current liabilities | C$300.10M | C$338.69M | C$374.01M | C$410.03M | C$238.12M | C$166.84M | C$216.07M | C$282.16M | C$209.63M | C$240.74M |
| Long-term debt | C$679.29M | C$812.47M | C$914.83M | C$1.09B | C$1.11B | C$1.24B | C$1.43B | C$1.71B | C$1.73B | C$1.91B |
| Total debt | C$679.29M | C$812.47M | C$914.83M | C$1.09B | C$1.11B | C$1.24B | C$1.43B | C$1.71B | C$1.73B | C$1.91B |
| Total liabilities | C$1.14B | C$1.27B | C$1.44B | C$1.65B | C$1.44B | C$1.49B | C$1.74B | C$2.08B | C$2.08B | C$2.36B |
| Shareholders' equity | C$1.58B | C$1.68B | C$1.58B | C$1.23B | C$1.23B | C$1.41B | C$1.53B | C$1.56B | C$1.81B | C$1.96B |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | C$412.90M | C$482.08M | C$500.57M | C$237.10M | C$139.22M | C$226.12M | C$288.16M | C$293.33M | C$116.56M | C$122.51M |
| Capital expenditures | C$263.47M | C$216.65M | C$224.96M | C$184.25M | C$75.94M | C$61.53M | C$159.89M | C$114.58M | C$74.82M | C$203.47M |
| Free cash flow | C$149.42M | C$265.44M | C$275.61M | C$52.85M | C$63.28M | C$164.58M | C$128.27M | C$178.76M | C$41.73M | -C$80.96M |
| Investing cash flow | -C$208.32M | -C$202.99M | -C$214.78M | -C$144.41M | -C$56.61M | -C$40.52M | -C$74.50M | -C$100.79M | -C$91.15M | -C$213.93M |
| Financing cash flow | -C$192.28M | -C$261.38M | -C$251.97M | -C$113.17M | -C$149.91M | -C$145.62M | -C$231.81M | -C$169.09M | -C$73.78M | -C$218.32M |
| Depreciation and amortization | C$317.90M | C$309.31M | C$297.56M | C$279.04M | C$282.33M | C$316.32M | C$333.62M | C$377.04M | C$377.75M | C$391.66M |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -3.1% | -1.8% | 19.8% | 63.9% | 5.5% | -39.3% | 0.0% | 16.6% | 31.7% | - |
| Net income growth, YoY | -98.3% | -61.6% | - | - | - | - | - | - | - | - |
| EPS growth, YoY | -98.2% | -60.0% | - | - | - | - | - | - | - | - |
| Gross margin | 32.8% | 34.4% | 37.8% | 30.5% | 29.3% | 37.7% | 32.6% | 30.8% | 29.9% | - |
| Operating margin | - | - | 31.5% | 19.3% | 19.5% | 4.4% | 6.1% | -12.9% | -6.7% | -15.5% |
| Net margin | 0.1% | 5.8% | 14.9% | -2.1% | -18.0% | -12.8% | 0.4% | -19.1% | -10.0% | -15.5% |
| Free cash flow margin | 8.1% | 14.0% | 14.2% | 3.3% | 6.4% | 17.6% | 8.3% | 11.6% | 3.2% | -8.1% |
| Return on equity | 0.1% | 6.6% | 18.4% | -2.8% | -14.5% | -8.5% | 0.4% | -18.9% | -7.3% | -7.9% |
| Return on assets | 0.1% | 3.8% | 9.6% | -1.2% | -6.7% | -4.1% | 0.2% | -8.1% | -3.4% | -3.6% |
| Current ratio | 1.62 | 1.48 | 1.37 | 1.15 | 1.34 | 2.05 | 1.93 | 1.85 | 2.11 | 1.96 |
| Debt to equity | 0.43 | 0.48 | 0.58 | 0.88 | 0.90 | 0.88 | 0.93 | 1.10 | 0.96 | 0.97 |
Source: XBRL data Precision Drilling Corporation files with the SEC, latest filing dated Mar 9, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
PDS peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| PDS | C$1.84B | -3.1% | C$1.84M | 0.1% | $1.16B |
| SHEL | $273.73B | -5.3% | $17.84B | 6.5% | $273.51B |
| TTE | $201.20B | -6.2% | $13.13B | 6.5% | $192.00B |
| PBR | $89.19B | -2.4% | $19.63B | 22.0% | $118.25B |
| CNQ | C$38.76B | +8.7% | C$10.82B | 27.9% | $98.26B |
| E | €82.15B | -7.5% | €2.61B | 3.2% | $87.98B |
| EOG | $29.73B | +31.7% | $8.19B | 27.5% | $76.96B |
| OXY | $25.75B | +36.9% | $7.50B | 29.1% | $55.74B |
| OKE | $43.19B | +36.8% | $4.07B | 9.4% | $54.21B |
PDS FAQ
9 questionsWhat is PDS revenue?
Precision Drilling Corporation (PDS) reported C$1.84B of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 3.1% from the year before.Is PDS profitable?
Yes. Precision Drilling Corporation earned C$1.84M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 0.1%.How much cash and debt does PDS have?
Precision Drilling Corporation reported C$85.78M in cash and cash equivalents and C$679.29M of debt on its most recent balance sheet in SEC filings.How fast is PDS revenue growing?
Precision Drilling Corporation's revenue changed -3.1% in fiscal 2025, to C$1.84B. Its compound annual growth rate was +14.5% over 5 years.What is PDS gross margin?
Precision Drilling Corporation's gross profit was C$604.05M on C$1.84B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 32.8%.What is PDS free cash flow?
Precision Drilling Corporation generated C$149.42M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of C$412.90M less capital expenditures.What is PDS earnings per share?
Diluted earnings per share were C$0.14 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did PDS last report financial results?
The latest statements here come from Precision Drilling Corporation's 40-F filed on Mar 9, 2026, covering the period ended Dec 31, 2025.Where does this PDS financial data come from?
Quantisnow builds these statements from the structured XBRL data Precision Drilling Corporation files with the SEC. It is provided for information only and is not investment advice.