Independence Contract Drilling Net Income

Independence Contract Drilling's net income stands at $-70M as of September 2024. That compares with $-8.3M in the prior-year period — down 746.5% year over year. That is below the Energy sector average of $51B. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Independence Contract Drilling reported $-70M in net income versus $-8.3M a year earlier — a 746.5% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

Independence Contract Drilling sits lower the Energy benchmark ($51B) with a net income of $-70M. That is roughly 100.1% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

That compares with $-8.3M in the prior-year period — down 746.5% year over year. Sustained growth in net income can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.

The history chart shows how Independence Contract Drilling's net income evolved across reporting periods, while the comparison chart places ICD next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.