Precision Drilling Corp income statement

In fiscal 2025, Precision Drilling Corp reported revenue of $1.32bn, down 5.0% on the year before and net income of $1.3m, or $0.10 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Precision Drilling Corp: income statement, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	758	1,019	1,190	1,162	698	788	1,244	1,436	1,389	1,320
Cost of revenue	—	714	824	783	435	557	865	893	912	887
Gross profit	—	305	366	379	263	230	379	544	477	432
Operating income	−118	−68	−153	71	31	154	240	453	—	—
Interest expense	105	99	94	86	76	65	65	60	50	40
Income before tax	−233	−179	−250	−6	−81	−146	−11	197	113	40
Income tax	−116	−77	−23	−11	8	−4	15	−17	32	38
Net income	−118	−102	−227	5	−90	−142	−26	214	81	1
Diluted EPS	−$8.01	−$6.94	−$15.44	$0.34	−$6.53	−$10.63	−$1.95	$14.47	$5.70	$0.10
Diluted shares (average)	15m	15m	15m	15m	14m	13m	14m	15m	14m	13m
EBITDA	178	223	138	323	266	379	454	673	—	—

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Precision Drilling Corp's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Precision Drilling Corp.