vs

Side-by-side financial comparison of PRECISION DRILLING Corp (PDS) and WOLFSPEED, INC. (WOLF). Click either name above to swap in a different company.

PRECISION DRILLING Corp is the larger business by last-quarter revenue ($299.5M vs $168.5M, roughly 1.8× WOLFSPEED, INC.).

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

Wolfspeed, Inc. is an American developer and manufacturer of wide-bandgap semiconductors, focused on silicon carbide materials and devices for power applications such as transportation, power supplies, power inverters, and wireless systems. The company was formerly named Cree, Inc.

PDS vs WOLF — Head-to-Head

Bigger by revenue
PDS
PDS
1.8× larger
PDS
$299.5M
$168.5M
WOLF

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
PDS
PDS
WOLF
WOLF
Revenue
$299.5M
$168.5M
Net Profit
$-150.6M
Gross Margin
-46.5%
Operating Margin
-94.0%
Net Margin
-89.4%
Revenue YoY
-6.6%
Net Profit YoY
59.5%
EPS (diluted)
$-5.78

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
WOLF
WOLF
Q4 25
$299.5M
$168.5M
Q3 25
$196.8M
Q2 25
$197.0M
Q1 25
$185.4M
Q4 24
$180.5M
Q3 24
$194.7M
Q2 24
$200.7M
Q1 24
$200.7M
Net Profit
PDS
PDS
WOLF
WOLF
Q4 25
$-150.6M
Q3 25
$-643.6M
Q2 25
$-669.3M
Q1 25
$-285.5M
Q4 24
$-372.2M
Q3 24
$-282.2M
Q2 24
$-174.9M
Q1 24
$-148.9M
Gross Margin
PDS
PDS
WOLF
WOLF
Q4 25
-46.5%
Q3 25
-39.2%
Q2 25
-13.0%
Q1 25
-12.1%
Q4 24
-20.6%
Q3 24
-18.6%
Q2 24
1.2%
Q1 24
11.2%
Operating Margin
PDS
PDS
WOLF
WOLF
Q4 25
-94.0%
Q3 25
-82.0%
Q2 25
-295.2%
Q1 25
-104.9%
Q4 24
-178.9%
Q3 24
-118.2%
Q2 24
-72.7%
Q1 24
-53.0%
Net Margin
PDS
PDS
WOLF
WOLF
Q4 25
-89.4%
Q3 25
-327.0%
Q2 25
-339.7%
Q1 25
-154.0%
Q4 24
-206.2%
Q3 24
-144.9%
Q2 24
-87.1%
Q1 24
-74.2%
EPS (diluted)
PDS
PDS
WOLF
WOLF
Q4 25
$-5.78
Q3 25
$-4.12
Q2 25
$-4.42
Q1 25
$-1.86
Q4 24
$-2.88
Q3 24
$-2.23
Q2 24
$-1.39
Q1 24
$-1.18

Balance Sheet & Financial Strength

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

Metric
PDS
PDS
WOLF
WOLF
Cash + ST InvestmentsLiquidity on hand
$1.3B
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$627.4M
Total Assets
$3.4B
Debt / EquityLower = less leverage
3.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PDS
PDS
WOLF
WOLF
Q4 25
$1.3B
Q3 25
$926.0M
Q2 25
$955.4M
Q1 25
$1.3B
Q4 24
$1.4B
Q3 24
$1.7B
Q2 24
$2.2B
Q1 24
$2.6B
Total Debt
PDS
PDS
WOLF
WOLF
Q4 25
$2.0B
Q3 25
$0
Q2 25
$6.5B
Q1 25
$6.5B
Q4 24
$6.4B
Q3 24
$6.2B
Q2 24
$6.2B
Q1 24
Stockholders' Equity
PDS
PDS
WOLF
WOLF
Q4 25
$627.4M
Q3 25
$-1.1B
Q2 25
$-447.1M
Q1 25
$212.7M
Q4 24
$372.6M
Q3 24
$628.9M
Q2 24
$882.1M
Q1 24
$1.0B
Total Assets
PDS
PDS
WOLF
WOLF
Q4 25
$3.4B
Q3 25
$6.6B
Q2 25
$6.9B
Q1 25
$7.6B
Q4 24
$7.7B
Q3 24
$7.9B
Q2 24
$8.0B
Q1 24
$7.7B
Debt / Equity
PDS
PDS
WOLF
WOLF
Q4 25
3.13×
Q3 25
Q2 25
Q1 25
30.61×
Q4 24
17.24×
Q3 24
9.81×
Q2 24
6.98×
Q1 24

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
WOLF
WOLF
Operating Cash FlowLast quarter
$-42.6M
Free Cash FlowOCF − Capex
$-72.6M
FCF MarginFCF / Revenue
-43.1%
Capex IntensityCapex / Revenue
17.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-988.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PDS
PDS
WOLF
WOLF
Q4 25
$-42.6M
Q3 25
$5.7M
Q2 25
$-242.5M
Q1 25
$-142.1M
Q4 24
$-195.1M
Q3 24
$-132.0M
Q2 24
$-239.5M
Q1 24
$-136.2M
Free Cash Flow
PDS
PDS
WOLF
WOLF
Q4 25
$-72.6M
Q3 25
$-98.3M
Q2 25
$-454.4M
Q1 25
$-362.8M
Q4 24
$-596.9M
Q3 24
$-569.0M
Q2 24
$-883.8M
Q1 24
$-713.7M
FCF Margin
PDS
PDS
WOLF
WOLF
Q4 25
-43.1%
Q3 25
-49.9%
Q2 25
-230.7%
Q1 25
-195.7%
Q4 24
-330.7%
Q3 24
-292.2%
Q2 24
-440.4%
Q1 24
-355.6%
Capex Intensity
PDS
PDS
WOLF
WOLF
Q4 25
17.8%
Q3 25
52.8%
Q2 25
107.6%
Q1 25
119.0%
Q4 24
222.6%
Q3 24
224.4%
Q2 24
321.0%
Q1 24
287.7%

Financial Flow Comparison

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

Revenue Breakdown by Segment

PDS
PDS

Segment breakdown not available.

WOLF
WOLF

Power Products$118.3M70%
Materials Products$50.2M30%

Related Comparisons