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Segment Operating Income Breakdown
Breaks down operating profit by business unit, highlighting which segments generate real cash and margins versus those that consume resources, so investors can see where growth translates into profit and where cost or integration risks lie.Starting in 2024 the company reclassified reporting — legacy Drilling & Downhole, Completions and Production drop to zero and two consolidated lines appear. Artificial Lift & Downhole has become the clear profit engine, delivering sustained, multi‑million quarterly operating income, while Drilling & Completions is highly lumpy with outsized swings that reflect project timing and mix. That fits management’s narrative of stronger backlog, plant consolidation and margin tailwinds, but watch U.S. demand softness, tariffs and order‑timing risk that can make quarters volatile.
Date | Drilling & Downhole | Completions | Production | Drilling & Completions | Artificial Lift & Downhole |
|---|---|---|---|---|---|
Jun 30, 2026 | $0.00 | $0.00 | $0.00 | $13.71M | $16.35M |
Mar 31, 2026 | $0.00 | $0.00 | $0.00 | $8.91M | $11.58M |
Dec 31, 2025 | $0.00 | $0.00 | $0.00 | $18.74M | $11.71M |
Sep 30, 2025 | $0.00 | $0.00 | $0.00 | -$13.55M | $11.78M |
Jun 30, 2025 | $0.00 | $0.00 | $0.00 | $7.27M | $10.39M |
Mar 31, 2025 | $0.00 | $0.00 | $0.00 | $379.00K | $7.30M |
Dec 31, 2024 | $0.00 | $0.00 | $0.00 | $3.28M | $12.86M |
Sep 30, 2024 | $0.00 | $0.00 | $0.00 | $7.03M | $10.78M |
Jun 30, 2024 | $0.00 | $0.00 | $0.00 | $2.88M | $13.46M |
Mar 31, 2024 | $0.00 | $0.00 | $0.00 | $4.56M | $11.79M |