Helix Energy Solutions (HLX) Capital Expenditures (2009 - 2026)
Helix Energy Solutions (HLX) posted quarterly Capital Expenditures of $2.8 million for Q1 2026, down 37.37% year-over-year from $4.5 million in Q1 2025, and up 129.14% quarter-over-quarter from -$9.6 million in Q4 2025.
Helix Energy Solutions (HLX) Capital Expenditures (2009 - 2026) Analysis & Trends
Helix Energy Solutions (HLX) has reported Capital Expenditures for 18 consecutive years, with $2.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Capital Expenditures fell 37.37% year-over-year to $2.8 million; the TTM figure through Mar 2026 stood at -$677000.0 (down 102.8% YoY), while the FY2025 annual figure was $1.0 million, down 95.71% from the prior year.
- Capital Expenditures rose to $2.8 million in Q1 2026 per HLX's latest filing, from -$9.6 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $28.5 million in Q4 2022 and bottomed at -$9.6 million in Q4 2025.
- Historically, Capital Expenditures has averaged $4.6 million across 5 years, with a median of $3.4 million in 2023.
- Annual changes were most pronounced in 2022 — Capital Expenditures soared 2946.37% — and 2025, when it tumbled 177.03%.
- Helix Energy Solutions' Capital Expenditures stood at $28.5 million in 2022, then plunged by 88.0% to $3.4 million in 2023, then soared by 265.85% to $12.5 million in 2024, then sank by 177.03% to -$9.6 million in 2025, then soared by 129.14% to $2.8 million in 2026.
- Business Quant data shows HLX's Capital Expenditures at $2.8 million in Q1 2026, -$9.6 million in Q4 2025, and $1.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.80 Bn | 75.73 Bn | 4.63 Bn | 459.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 300.00 Mn |
| 3 | Tenaris | 52.91 Bn | 43.88 Bn | 984.66 | -121.46 Mn |
| 4 | TechnipFMC | 30.99 Bn | 29.75 Bn | 1.40 Bn | 60.10 Mn |
| 5 | Halliburton | 29.47 Bn | 27.43 Bn | 2.10 Bn | 235.00 Mn |
| 6 | Nov | 7.26 Bn | 6.10 Bn | 521.00 Mn | 81.00 Mn |
| 7 | Weatherford International | 6.56 Bn | 5.42 Bn | 662.00 Mn | 42.00 Mn |
| 8 | Kodiak Gas Services | 5.66 Bn | 5.52 Bn | 246.76 Mn | 200.21 Mn |
| 9 | Archrock | 5.55 Bn | 5.54 Bn | 244.51 Mn | 97.96 Mn |
| 10 | Helix Energy Solutions | 1.54 Bn | 886.92 Mn | 56.20 Mn | 7.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.18 Mn |
| Jun 30, 2026 | 7.18 Mn |
| Mar 31, 2026 | 2.81 Mn |
| Mar 31, 2026 | 2.81 Mn |
| Dec 31, 2025 | -9.65 Mn |
| Dec 31, 2025 | -9.65 Mn |
| Sep 30, 2025 | 1.69 Mn |
| Sep 30, 2025 | 1.69 Mn |
| Jun 30, 2025 | 4.47 Mn |
| Jun 30, 2025 | 4.47 Mn |
| Mar 31, 2025 | 4.49 Mn |
| Mar 31, 2025 | 4.49 Mn |
| Dec 31, 2024 | 12.52 Mn |
| Dec 31, 2024 | 12.52 Mn |
| Sep 30, 2024 | 3.19 Mn |
| Sep 30, 2024 | 3.19 Mn |
| Jun 30, 2024 | 3.99 Mn |
| Jun 30, 2024 | 3.99 Mn |
| Mar 31, 2024 | 3.61 Mn |
| Mar 31, 2024 | 3.61 Mn |