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Side-by-side financial comparison of PRECISION DRILLING Corp (PDS) and Sphere Entertainment Co. (SPHR). Click either name above to swap in a different company.

Sphere Entertainment Co. is the larger business by last-quarter revenue ($393.8M vs $299.5M, roughly 1.3× PRECISION DRILLING Corp).

Precision Drilling Corporation is the largest drilling rig contractor in Canada, also providing oil field rental and supplies.

Sphere Entertainment Co. is an American entertainment holding company based in New York City, and controlled by the family of Charles Dolan. It owns the Sphere event venue in Paradise, Nevada, in the Las Vegas Valley and New York-based regional sports network chain MSG Networks.

PDS vs SPHR — Head-to-Head

Bigger by revenue
SPHR
SPHR
1.3× larger
SPHR
$393.8M
$299.5M
PDS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
PDS
PDS
SPHR
SPHR
Revenue
$299.5M
$393.8M
Net Profit
$64.7M
Gross Margin
Operating Margin
7.3%
Net Margin
16.4%
Revenue YoY
Net Profit YoY
EPS (diluted)
$2.42

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PDS
PDS
SPHR
SPHR
Q4 25
$299.5M
$393.8M
Q3 25
$262.1M
Q2 25
$282.2M
Q1 25
$280.1M
Q3 24
$227.1M
Q2 24
$272.6M
Q1 24
$320.6M
Q4 23
$313.4M
Net Profit
PDS
PDS
SPHR
SPHR
Q4 25
$64.7M
Q3 25
$-101.2M
Q2 25
$151.8M
Q1 25
$-82.0M
Q3 24
$-105.3M
Q2 24
$-46.6M
Q1 24
$-47.2M
Q4 23
$-173.2M
Operating Margin
PDS
PDS
SPHR
SPHR
Q4 25
7.3%
Q3 25
-49.5%
Q2 25
-17.8%
Q1 25
-28.1%
Q3 24
-51.8%
Q2 24
-66.3%
Q1 24
-12.6%
Q4 23
Net Margin
PDS
PDS
SPHR
SPHR
Q4 25
16.4%
Q3 25
-38.6%
Q2 25
53.8%
Q1 25
-29.3%
Q3 24
-46.4%
Q2 24
-17.1%
Q1 24
-14.7%
Q4 23
-55.3%
EPS (diluted)
PDS
PDS
SPHR
SPHR
Q4 25
$2.42
Q3 25
$-2.80
Q2 25
$3.39
Q1 25
$-2.27
Q3 24
$-2.95
Q2 24
$-1.33
Q1 24
$-1.33
Q4 23
$-4.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PDS
PDS
SPHR
SPHR
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$692.7M
Stockholders' EquityBook value
$2.2B
Total Assets
$4.2B
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PDS
PDS
SPHR
SPHR
Q4 25
Q3 25
$384.8M
Q2 25
$355.7M
Q1 25
$465.0M
Q3 24
Q2 24
$559.8M
Q1 24
Q4 23
$614.5M
Total Debt
PDS
PDS
SPHR
SPHR
Q4 25
$692.7M
Q3 25
$733.8M
Q2 25
$743.8M
Q1 25
$1.3B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.4B
Q4 23
$1.4B
Stockholders' Equity
PDS
PDS
SPHR
SPHR
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.3B
Q1 25
$2.1B
Q3 24
$2.3B
Q2 24
$2.4B
Q1 24
$2.4B
Q4 23
$2.5B
Total Assets
PDS
PDS
SPHR
SPHR
Q4 25
$4.2B
Q3 25
$4.1B
Q2 25
$4.2B
Q1 25
$4.4B
Q3 24
$4.6B
Q2 24
Q1 24
$4.9B
Q4 23
$4.9B
Debt / Equity
PDS
PDS
SPHR
SPHR
Q4 25
0.31×
Q3 25
0.34×
Q2 25
0.32×
Q1 25
0.62×
Q3 24
0.59×
Q2 24
0.57×
Q1 24
0.57×
Q4 23
0.58×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PDS
PDS
SPHR
SPHR
Operating Cash FlowLast quarter
$180.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.78×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PDS
PDS
SPHR
SPHR
Q4 25
$180.2M
Q3 25
$115.8M
Q2 25
$-59.1M
Q1 25
$6.3M
Q3 24
$34.1M
Q2 24
$-72.4M
Q1 24
$101.0M
Q4 23
$46.4M
Cash Conversion
PDS
PDS
SPHR
SPHR
Q4 25
2.78×
Q3 25
Q2 25
-0.39×
Q1 25
Q3 24
Q2 24
Q1 24
Q4 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PDS
PDS

Segment breakdown not available.

SPHR
SPHR

Ticketing And Venue License Fee Revenues$198.5M50%
Media Networks Revenue$120.1M30%
Sponsorship Signage Exosphere Advertising And Suite Licenses$32.2M8%
Food Beverage And Merchandise Revenues$27.6M7%
Other$13.2M3%
Related Party$2.3M1%

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