Precision Drilling Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,873	1,844	1,902	1,938	1,617	986.85
Revenue Growth (YoY)	0.14%	-3.08%	-1.83%	19.83%	63.87%	5.46%
Cost of Revenue	1,271	1,240	1,249	1,205	1,125	698.14
Gross Profit	602.48	604.06	653.64	733.31	492.59	288.7
Selling, General & Admin	126.42	114.44	132.42	122.19	180.99	95.93
Depreciation & Amortization Expenses	327.2	317.9	309.31	297.56	279.04	282.33
Other Operating Expenses	67.08	67.08	-	9.59	-	-
Total Operating Expenses	520.7	499.42	441.74	429.34	460.02	378.26
Operating Income	148.87	104.63	211.91	303.97	32.57	-89.55
Interest Expense	-53.79	-57.2	-69.75	-83.41	-87.81	-91.43
Other Non-Operating Income (Expense)	5.73	8.49	12.41	45.22	41.1	-1.8
Total Non-Operating Income (Expense)	-48.06	-48.71	-57.35	-38.19	-46.71	-93.23
Pretax Income	33.73	55.92	154.56	265.78	-14.14	-182.78
Provision for Income Taxes	47.73	52.83	43.23	-23.47	20.15	-5.4
Net Income	-15.29	1.84	111.2	289.24	-34.29	-177.39
Minority Interest in Earnings	-1.29	-1.25	-0.14	-	-	-
Net Income to Common	-15.29	1.84	111.2	289.24	-34.29	-177.39
Net Income Growth	-	-98.34%	-61.56%	-	-	-
Shares Outstanding (Basic)	13	13	14	14	14	13
Shares Outstanding (Diluted)	13	13	14	15	14	13
Shares Change (YoY)	-10.89%	-6.27%	-6.89%	12.85%	1.74%	-2.97%
EPS (Basic)	-1.10	0.14	7.81	21.03	-2.53	-13.32
EPS (Diluted)	-1.05	0.14	7.81	19.53	-2.53	-13.32
EPS Growth	-	-98.21%	-60.01%	-	-	-
Shares Outstanding	12.93	13.17	14.07	14.08	13.56	13.3
Free Cash Flow	144.12	149.42	265.44	275.61	52.85	63.28
Free Cash Flow Growth	-3.55%	-43.71%	-3.69%	421.46%	-16.48%	-61.55%
Free Cash Flow Per Share	11.24	11.20	18.65	18.03	3.90	4.75
Gross Margin	32.16%	32.76%	34.36%	37.84%	30.46%	29.26%
Operating Margin	7.95%	5.68%	11.14%	15.69%	2.01%	-9.07%
Profit Margin	-0.75%	0.17%	5.85%	14.93%	-2.12%	-17.97%
FCF Margin	7.69%	8.10%	13.95%	14.22%	3.27%	6.41%
EBITDA	476.07	422.54	521.22	601.53	311.61	192.77
EBITDA Margin	25.41%	22.92%	27.40%	31.04%	19.27%	19.53%
EBIT	148.87	104.63	211.91	303.97	32.57	-89.55
EBIT Margin	7.95%	5.68%	11.14%	15.69%	2.01%	-9.07%
Effective Tax Rate	141.54%	94.47%	27.97%	-8.83%	-142.47%	2.95%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.