Operates drilling rigs for the energy industry.
Dec 2025Revenue C$1.84B/yrExpenses C$1.79B/yr
Reached break-even Jan 2023
Figures by year
When did PRECISION DRILLING become profitable?
Its revenue passed its expenses in Jan 2023. In the 12 months to Dec 2025, revenue was C$1.84B and expenses C$1.79B.
| Fiscal year to | Revenue | Expenses | Pre-tax profit |
|---|---|---|---|
| Dec 2025 | C$1.84B | C$1.79B | C$55.9M |
| Dec 2024 | C$1.90B | C$1.75B | C$155M |
| Dec 2023 | C$1.94B | C$1.67B | C$266M |
| Dec 2022 | C$1.62B | C$1.63B | −C$14.1M |
| Dec 2021 | C$987M | C$1.17B | −C$183M |
| Dec 2020 | C$936M | C$1.04B | −C$109M |
| Dec 2019 | C$1.54B | C$1.55B | −C$8.34M |
| Dec 2018 | C$1.54B | C$1.86B | −C$324M |
| Dec 2017 | C$1.32B | C$1.55B | −C$232M |
| Dec 2016 | C$1.00B | C$1.31B | −C$309M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.