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Side-by-side financial comparison of PATTERSON UTI ENERGY INC (PTEN) and Virtu Financial, Inc. (VIRT). Click either name above to swap in a different company.

PATTERSON UTI ENERGY INC is the larger business by last-quarter revenue ($1.1B vs $969.9M, roughly 1.2× Virtu Financial, Inc.). Virtu Financial, Inc. runs the higher net margin — 14.4% vs -2.2%, a 16.6% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (16.3% vs -12.7%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (22.8% CAGR vs -8.4%).

Patterson UTI Energy Inc. is a leading oilfield services provider offering onshore contract drilling, pressure pumping, well completion and related support services. It primarily serves upstream oil and gas operators across North America, operating in major unconventional resource basins including shale and tight gas formations.

Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.

PTEN vs VIRT — Head-to-Head

Bigger by revenue
PTEN
PTEN
1.2× larger
PTEN
$1.1B
$969.9M
VIRT
Growing faster (revenue YoY)
VIRT
VIRT
+29.0% gap
VIRT
16.3%
-12.7%
PTEN
Higher net margin
VIRT
VIRT
16.6% more per $
VIRT
14.4%
-2.2%
PTEN
Faster 2-yr revenue CAGR
VIRT
VIRT
Annualised
VIRT
22.8%
-8.4%
PTEN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PTEN
PTEN
VIRT
VIRT
Revenue
$1.1B
$969.9M
Net Profit
$-24.5M
$139.9M
Gross Margin
Operating Margin
35.4%
Net Margin
-2.2%
14.4%
Revenue YoY
-12.7%
16.3%
Net Profit YoY
-166.1%
48.7%
EPS (diluted)
$-0.06
$1.54

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
PTEN
PTEN
VIRT
VIRT
Q1 26
$1.1B
Q4 25
$1.1B
$969.9M
Q3 25
$1.2B
$824.8M
Q2 25
$1.2B
$999.6M
Q1 25
$1.3B
$837.9M
Q4 24
$1.1B
$834.3M
Q3 24
$1.3B
$706.8M
Q2 24
$1.3B
$693.0M
Net Profit
PTEN
PTEN
VIRT
VIRT
Q1 26
$-24.5M
Q4 25
$-9.2M
$139.9M
Q3 25
$-36.4M
$77.6M
Q2 25
$-49.1M
$151.2M
Q1 25
$1.0M
$99.7M
Q4 24
$-51.4M
$94.1M
Q3 24
$-978.8M
$60.0M
Q2 24
$11.1M
$66.6M
Operating Margin
PTEN
PTEN
VIRT
VIRT
Q1 26
Q4 25
-0.0%
35.4%
Q3 25
-2.4%
21.8%
Q2 25
-2.4%
34.7%
Q1 25
1.3%
26.7%
Q4 24
-2.7%
24.3%
Q3 24
-73.8%
20.8%
Q2 24
3.4%
22.4%
Net Margin
PTEN
PTEN
VIRT
VIRT
Q1 26
-2.2%
Q4 25
-0.8%
14.4%
Q3 25
-3.1%
9.4%
Q2 25
-4.1%
15.1%
Q1 25
0.1%
11.9%
Q4 24
-4.5%
11.3%
Q3 24
-72.9%
8.5%
Q2 24
0.8%
9.6%
EPS (diluted)
PTEN
PTEN
VIRT
VIRT
Q1 26
$-0.06
Q4 25
$-0.01
$1.54
Q3 25
$-0.10
$0.86
Q2 25
$-0.13
$1.65
Q1 25
$0.00
$1.08
Q4 24
$-0.10
$1.03
Q3 24
$-2.50
$0.64
Q2 24
$0.03
$0.71

Balance Sheet & Financial Strength

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

Metric
PTEN
PTEN
VIRT
VIRT
Cash + ST InvestmentsLiquidity on hand
$1.1B
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$3.2B
$1.6B
Total Assets
$5.4B
$20.2B
Debt / EquityLower = less leverage
1.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PTEN
PTEN
VIRT
VIRT
Q1 26
Q4 25
$418.5M
$1.1B
Q3 25
$184.8M
$707.9M
Q2 25
$183.8M
$752.1M
Q1 25
$223.1M
$723.6M
Q4 24
$239.2M
$872.5M
Q3 24
$113.4M
$701.4M
Q2 24
$72.4M
$684.8M
Total Debt
PTEN
PTEN
VIRT
VIRT
Q1 26
Q4 25
$1.2B
$2.0B
Q3 25
$1.2B
$2.0B
Q2 25
$1.2B
$1.7B
Q1 25
$1.2B
$1.7B
Q4 24
$1.2B
$1.7B
Q3 24
$1.2B
$1.7B
Q2 24
$1.2B
$1.7B
Stockholders' Equity
PTEN
PTEN
VIRT
VIRT
Q1 26
$3.2B
Q4 25
$3.2B
$1.6B
Q3 25
$3.2B
$1.5B
Q2 25
$3.3B
$1.4B
Q1 25
$3.4B
$1.3B
Q4 24
$3.5B
$1.3B
Q3 24
$3.6B
$1.2B
Q2 24
$4.6B
$1.2B
Total Assets
PTEN
PTEN
VIRT
VIRT
Q1 26
$5.4B
Q4 25
$5.6B
$20.2B
Q3 25
$5.5B
$21.3B
Q2 25
$5.6B
$19.3B
Q1 25
$5.8B
$17.5B
Q4 24
$5.8B
$15.4B
Q3 24
$6.0B
$14.4B
Q2 24
$7.0B
$13.9B
Debt / Equity
PTEN
PTEN
VIRT
VIRT
Q1 26
Q4 25
0.38×
1.29×
Q3 25
0.38×
1.40×
Q2 25
0.37×
1.24×
Q1 25
0.36×
1.33×
Q4 24
0.36×
1.39×
Q3 24
0.35×
1.41×
Q2 24
0.27×
1.41×

Cash Flow & Capital Efficiency

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

Metric
PTEN
PTEN
VIRT
VIRT
Operating Cash FlowLast quarter
$63.9M
$518.4M
Free Cash FlowOCF − Capex
$495.6M
FCF MarginFCF / Revenue
51.1%
Capex IntensityCapex / Revenue
4.9%
2.4%
Cash ConversionOCF / Net Profit
3.71×
TTM Free Cash FlowTrailing 4 quarters
$485.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PTEN
PTEN
VIRT
VIRT
Q1 26
$63.9M
Q4 25
$397.5M
$518.4M
Q3 25
$215.8M
$-68.7M
Q2 25
$139.7M
$62.8M
Q1 25
$208.1M
$15.0M
Q4 24
$315.8M
$599.0M
Q3 24
$296.3M
$112.1M
Q2 24
$197.5M
$490.8M
Free Cash Flow
PTEN
PTEN
VIRT
VIRT
Q1 26
Q4 25
$259.0M
$495.6M
Q3 25
$71.3M
$-76.7M
Q2 25
$-4.5M
$57.6M
Q1 25
$46.3M
$9.2M
Q4 24
$175.5M
$586.6M
Q3 24
$115.7M
$106.2M
Q2 24
$67.0M
$486.9M
FCF Margin
PTEN
PTEN
VIRT
VIRT
Q1 26
Q4 25
22.6%
51.1%
Q3 25
6.1%
-9.3%
Q2 25
-0.4%
5.8%
Q1 25
3.7%
1.1%
Q4 24
15.3%
70.3%
Q3 24
8.6%
15.0%
Q2 24
5.0%
70.3%
Capex Intensity
PTEN
PTEN
VIRT
VIRT
Q1 26
4.9%
Q4 25
12.1%
2.4%
Q3 25
12.3%
1.0%
Q2 25
11.9%
0.5%
Q1 25
12.8%
0.7%
Q4 24
12.2%
1.5%
Q3 24
13.5%
0.8%
Q2 24
9.8%
0.6%
Cash Conversion
PTEN
PTEN
VIRT
VIRT
Q1 26
Q4 25
3.71×
Q3 25
-0.89×
Q2 25
0.42×
Q1 25
207.11×
0.15×
Q4 24
6.37×
Q3 24
1.87×
Q2 24
17.83×
7.37×

Financial Flow Comparison

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

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