Dril-Quip (DRQ) Revenue & Revenue Breakdown

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Dril-Quip Revenue Highlights

Latest Revenue (Y)

$2.56M

Latest Revenue (Q)

$120.34M

Main Segment (Y)

Product

Main Geography (Y)

Non-US

Dril-Quip Revenue by Period

Dril-Quip Revenue by Year

Date	Revenue	Change
2023-12-31	$2.56M	-99.29%
2022-12-31	$362.07M	12.12%
2021-12-31	$322.94M	-11.52%
2020-12-31	$364.97M	-12.01%
2019-12-31	$414.81M	7.85%
2018-12-31	$384.63M	-15.55%
2017-12-31	$455.47M	-15.46%
2016-12-31	$538.73M	-36.19%
2015-12-31	$844.31M	-9.31%
2014-12-31	$930.96M	6.72%
2013-12-31	$872.37M	19.01%
2012-12-31	$733.03M	21.90%
2011-12-31	$601.34M	6.20%
2010-12-31	$566.25M	4.82%
2009-12-31	$540.20M	-0.47%
2008-12-31	$542.77M	9.53%
2007-12-31	$495.56M	11.93%
2006-12-31	$442.74M	29.90%
2005-12-31	$340.83M	53.81%
2004-12-31	$221.59M	0.95%
2003-12-31	$219.50M	1.71%
2002-12-31	$215.81M	6.36%
2001-12-31	$202.90M	23.75%
2000-12-31	$163.95M	4.83%
1999-12-31	$156.40M	-11.94%
1998-12-31	$177.60M	20.98%
1997-12-31	$146.80M	26.66%
1996-12-31	$115.90M	-

Dril-Quip generated $2.56M in revenue during NA 2023, up -99.29% compared to the previous quarter, and up 0.67% compared to the same period a year ago.

Dril-Quip Revenue by Quarter

Date	Revenue	Change
2024-06-30	$120.34M	9.11%
2024-03-31	$110.30M	-12.70%
2023-12-31	$126.34M	7.76%
2023-09-30	$117.24M	30.84%
2023-06-30	$89.61M	-1.38%
2023-03-31	$90.86M	-6.14%
2022-12-31	$96.81M	9.84%
2022-09-30	$88.14M	-6.21%
2022-06-30	$93.98M	13.04%
2022-03-31	$83.14M	6.71%
2021-12-31	$77.91M	-6.13%
2021-09-30	$83.00M	2.72%
2021-06-30	$80.80M	-0.54%
2021-03-31	$81.24M	-6.87%
2020-12-31	$87.23M	-4.45%
2020-09-30	$91.30M	0.94%
2020-06-30	$90.45M	-5.78%
2020-03-31	$96.00M	-11.49%
2019-12-31	$108.45M	0.21%
2019-09-30	$108.23M	4.26%
2019-06-30	$103.81M	10.06%
2019-03-31	$94.32M	-3.10%
2018-12-31	$97.33M	4.37%
2018-09-30	$93.26M	-1.69%
2018-06-30	$94.86M	-4.35%
2018-03-31	$99.17M	-8.15%
2017-12-31	$107.97M	7.60%
2017-09-30	$100.35M	-21.56%
2017-06-30	$127.92M	7.29%
2017-03-31	$119.23M	12.38%
2016-12-31	$106.09M	-14.19%
2016-09-30	$123.64M	-13.20%
2016-06-30	$142.44M	-14.48%
2016-03-31	$166.56M	-17.39%
2015-12-31	$201.63M	0.11%
2015-09-30	$201.40M	-6.44%
2015-06-30	$215.28M	-4.75%
2015-03-31	$226.00M	-11.31%
2014-12-31	$254.82M	5.41%
2014-09-30	$241.75M	4.96%
2014-06-30	$230.31M	12.86%
2014-03-31	$204.07M	-12.21%
2013-12-31	$232.46M	3.44%
2013-09-30	$224.72M	1.21%
2013-06-30	$222.03M	14.95%
2013-03-31	$193.16M	2.48%
2012-12-31	$188.48M	-1.25%
2012-09-30	$190.86M	8.09%
2012-06-30	$176.57M	-0.31%
2012-03-31	$177.12M	3.19%
2011-12-31	$171.65M	10.71%
2011-09-30	$155.03M	13.17%
2011-06-30	$136.99M	-0.49%
2011-03-31	$137.67M	-2.77%
2010-12-31	$141.59M	1.05%
2010-09-30	$140.12M	-1.32%
2010-06-30	$142.00M	-0.37%
2010-03-31	$142.53M	0.84%
2009-12-31	$141.34M	2.30%
2009-09-30	$138.16M	3.73%
2009-06-30	$133.19M	4.44%
2009-03-31	$127.52M	-5.92%
2008-12-31	$135.54M	2.47%
2008-09-30	$132.27M	-7.21%
2008-06-30	$142.54M	7.65%
2008-03-31	$132.41M	-0.25%
2007-12-31	$132.75M	-

Dril-Quip generated $120.34M in revenue during Q2 2024, up 9.11% compared to the previous quarter, and up 132.44% compared to the same period a year ago.

Dril-Quip Revenue Breakdown

Dril-Quip Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Leasing	$47.36M	$30.13M	$30.69M	$31.49M	$34.95M
Well Construction	$124.47M	-	-	-	-
Total Services Excluding Rental Tools	$105.68M	-	-	-	-
Subsea Products	$198.32M	-	-	-	-
Product	$271.02M	$240.84M	$213.76M	$258.83M	$303.28M
Service	-	$79.19M	$74.14M	$75.58M	$72.02M

Dril-Quip's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (36.29%), Subsea Products (26.55%), Well Construction (16.67%), Total Services Excluding Rental Tools (14.15%), and Leasing (6.34%).

Quarterly Revenue by Product

Product/Service	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
Well Construction	$50.39M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subsea Products	$35.33M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	$64.56M	$78.34M	$77.60M	$55.83M	$59.25M	$64.71M	$58.51M	$61.98M	$55.64M	$48.69M	$53.62M	$55.86M	$55.58M	$61.69M	$66.45M	$63.13M	$67.56M	$78.76M	$58.63M	$77.23M
Leasing	$15.55M	$29.59M	$5.88M	$5.43M	$6.46M	$10.44M	$7.89M	$7.60M	$7.17M	$9.84M	$7.69M	$9.30M	$6.23M	$7.90M	$7.97M	$8.08M	$7.34M	$10.08M	-	-
Total Services Excluding Rental Tools	$30.19M	$20.44M	$19.60M	$17.50M	$19.56M	$17.54M	$17.67M	$20.75M	$18.81M	$16.57M	-	-	-	-	-	-	-	-	-	-
Service	-	-	$27.21M	$23.73M	$21.28M	$32.10M	$20.44M	$19.60M	$17.50M	$29.22M	$19.56M	$17.54M	$17.67M	$18.23M	$20.75M	$18.81M	$19.08M	$16.57M	-	-
Maintenance	-	-	-	-	-	$6.18M	$2.32M	-	-	-	-	-	-	-	-	-	-	-	-	-
Technology Service	-	-	-	-	-	$15.48M	$17.06M	-	-	-	-	-	-	-	-	-	-	-	-	-
Rental Facilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$500.00K	-	-	-	-	-
Running Tools	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$6.60M	-	-	-	-	-

Dril-Quip's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Product (32.94%), Well Construction (25.71%), Subsea Products (18.03%), Total Services Excluding Rental Tools (15.40%), and Leasing (7.93%).

Dril-Quip Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Non-US	$317.60M	-	-	-	-
UNITED STATES	$106.40M	-	-	-	-
Asia Pacific	-	$10.61M	$18.20M	$67.15M	$65.97M
Western Hemisphere	-	$55.18M	$45.68M	$228.35M	$239.82M
EMEA	-	$13.40M	$10.27M	-	-
E M E A	-	-	-	$70.37M	$104.57M

Dril-Quip's latest annual revenue breakdown by geography, as of Dec 23: Non-US (74.91%), and UNITED STATES (25.09%).

Quarterly Revenue by Country

Country	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18	Mar 18
Western Hemisphere	$16.12M	$57.32M	$69.66M	$57.36M	$11.87M	$61.14M	$54.48M	$55.08M	$56.38M	$8.32M	$10.46M	$7.40M	$66.81M	$60.85M	$55.52M	$56.63M	-	-	-	-
EMEA	$2.89M	$3.26M	$2.52M	$23.68M	$26.61M	$23.55M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asia Pacific	$2.65M	$13.97M	$10.82M	$14.15M	$12.22M	$22.01M	$19.89M	$19.52M	$2.40M	$2.94M	$3.29M	$17.74M	$21.38M	$18.99M	$16.25M	$12.66M	$8.62M	$11.57M	$1.36M	-
Eastern Hemisphere	-	$19.84M	$19.85M	$3.69M	$3.59M	$4.34M	$31.10M	$33.05M	$26.41M	$5.10M	-	-	-	-	-	-	-	-	-	-
E M E A	-	-	-	-	-	$12.68M	$11.14M	$9.44M	$12.98M	$17.07M	$23.22M	-	-	-	-	-	-	-	-	-
Asia Pacific Segment	-	-	-	-	-	$10.02M	$29.95M	-	-	-	-	-	-	-	-	-	-	-	-	-
Americas	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$62.46M	$64.70M	$6.24M

Dril-Quip's latest quarterly revenue breakdown by geography, as of Dec 22: Western Hemisphere (74.41%), EMEA (13.35%), and Asia Pacific (12.24%).

Dril-Quip Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
NOV	NOV	$8.58B	$2.19B
FTI	TechnipFMC	$7.82B	$2.35B
MRC	MRC Global	$3.41B	$2.74B
EFXT	Enerflex	$3.16B	$860.40M
OII	Oceaneering	$2.42B	$679.81M
RES	RPC	$1.62B	$337.65M
HLX	Helix Energy Solutions Group	$1.29B	$342.42M
OIS	Oil States	$782.28M	-
NR	Newpark Resources	$749.60M	$-188.15M
FET	Forum Energy	$738.90M	$207.81M
RNGR	Ranger Energy Services	$636.60M	$153.00M
CCLP	CSI Compressco LP	$386.13M	$98.27M
SOI	Solaris Oilfield Infrastructure	$292.95M	$73.89M
NGS	Natural Gas Services Group	$121.17M	$40.69M
DRQ	Dril-Quip	$2.56M	$120.34M

DRQ Revenue FAQ

What is Dril-Quip’s yearly revenue?

Dril-Quip's yearly revenue for 2023 was $2.56M, representing a decrease of -99.29% compared to 2022. The company's yearly revenue for 2022 was $362.07M, representing an increase of 12.12% compared to 2021. DRQ's yearly revenue for 2021 was $322.94M, representing a decrease of -11.52% compared to 2020.

What is Dril-Quip’s quarterly revenue?

Dril-Quip's quarterly revenue for Q2 2024 was $120.34M, a 9.11% increase from the previous quarter (Q1 2024), and a 34.30% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $110.3M, a -12.70% decrease from the previous quarter (Q4 2023), and a 21.39% increase year-over-year (Q1 2023). DRQ's quarterly revenue for Q4 2023 was $126.34M, a 7.76% increase from the previous quarter (Q3 2023), and a 30.50% increase year-over-year (Q4 2022).

What is Dril-Quip’s revenue growth rate?

Dril-Quip's revenue growth rate for the last 3 years (2021-2023) was -99.21%, and for the last 5 years (2019-2023) was -99.38%.

What are Dril-Quip’s revenue streams?

Dril-Quip's revenue streams in c 23 are Leasing, Well Construction, Total Services Excluding Rental Tools, Subsea Products, and Product. Leasing generated $47.36M in revenue, accounting 6.34% of the company's total revenue, up 57.18% year-over-year. Well Construction generated $124.48M in revenue, accounting 16.67% of the company's total revenue Total Services Excluding Rental Tools generated $105.68M in revenue, accounting 14.15% of the company's total revenue Subsea Products generated $198.32M in revenue, accounting 26.55% of the company's total revenue Product generated $271.02M in revenue, accounting 36.29% of the company's total revenue, up 12.53% year-over-year.

What is Dril-Quip’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Dril-Quip was Product. This segment made a revenue of $271.02M, representing 36.29% of the company's total revenue.