Dril-Quip (DRQ) Revenue & Revenue Breakdown
Dril-Quip Revenue Highlights
Latest Revenue (Y)
$2.56M
Latest Revenue (Q)
$110.30M
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 |
|---|---|---|
| 2024-03-31 | $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 $110.30M in revenue during Q1 2024, up -12.70% compared to the previous quarter, and up 113.93% 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 | $2.22B |
| FTI | TechnipFMC | $7.82B | $2.33B |
| MRC | MRC Global | $3.41B | $806.00M |
| EFXT | Enerflex | $3.16B | $860.40M |
| OII | Oceaneering | $2.42B | $668.81M |
| RES | RPC | $1.62B | $364.15M |
| HLX | Helix Energy Solutions Group | $1.29B | $364.80M |
| OIS | Oil States | $782.28M | - |
| NR | Newpark Resources | $749.60M | $179.01M |
| FET | Forum Energy | $738.90M | $205.20M |
| RNGR | Ranger Energy Services | $636.60M | $138.10M |
| CCLP | CSI Compressco LP | $386.13M | $98.27M |
| SOI | Solaris Oilfield Infrastructure | $292.95M | $73.89M |
| NGS | Natural Gas Services Group | $121.17M | $38.49M |
| DRQ | Dril-Quip | $2.56M | $110.30M |
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 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). The company'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). DRQ's quarterly revenue for Q3 2023 was $117.24M, a 30.84% increase from the previous quarter (Q2 2023), and a 33.02% increase year-over-year (Q3 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.