PATTERSON UTI ENERGY INC Revenue (ASC 606)

Quick Answer

PATTERSON UTI ENERGY INC reported Revenue (ASC 606) of $4.15 billion for fiscal year 2023.

PATTERSON UTI ENERGY INC Revenue (ASC 606) — Annual History

Fiscal Year Revenue (ASC 606) YoY Change
2023 $4.15B +56.6%
2022 $2.65B +95.1%
2021 $1.36B +20.7%
2020 $1.12B -54.5%
2019 $2.47B -25.7%
2018 $3.33B +41.2%
2017 $2.36B +157.3%
2016 $915.87M

Quarterly Revenue (ASC 606)

Quarter Ending Revenue (ASC 606) YoY QoQ
September 30, 2023 $1.01B +39.0% +33.3%
June 30, 2023 $758.88M +22.0% -4.2%
March 31, 2023 $791.80M +55.4% +8.8%
September 30, 2022 $727.50M +103.3% +16.9%
June 30, 2022 $622.24M +113.3% +22.2%
March 31, 2022 $509.38M +111.4% +42.3%
September 30, 2021 $357.88M +72.8% +22.7%
June 30, 2021 $291.77M +16.5% +21.1%
  • PATTERSON UTI ENERGY INC showed an increase of +56.6% in Revenue (ASC 606) compared to the prior fiscal year.
  • Over the 2016–2023 period, PATTERSON UTI ENERGY INC’s revenue (asc 606) has grown by 352.7% (from $915.87 million to $4.15 billion).
  • The most recent figure is from PATTERSON UTI ENERGY INC’s fiscal year 2023 report (Form 10-K), filed with the SEC on February 27, 2024.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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