Helix Energy Solutions (HLX) Cost of Revenue (2016 - 2026)
Helix Energy Solutions has reported Cost of Revenue over the past 18 years, most recently at $279.1 million for Q1 2026.
- Quarterly Cost of Revenue rose 11.41% to $279.1 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $1.2 billion through Mar 2026, up 4.32% year-over-year, with the annual reading at $1.1 billion for FY2025, 0.58% down from the prior year.
- Cost of Revenue was $279.1 million for Q1 2026 at Helix Energy Solutions, down from $283.5 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $315.1 million in Q3 2023 and troughed at $164.0 million in Q2 2022.
- The 5-year median for Cost of Revenue is $276.8 million (2024), against an average of $262.5 million.
- Year-over-year, Cost of Revenue skyrocketed 54.59% in 2023 and then dropped 12.18% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $256.5 million in 2022, then increased by 11.47% to $285.9 million in 2023, then increased by 3.64% to $296.3 million in 2024, then decreased by 4.3% to $283.5 million in 2025, then decreased by 1.56% to $279.1 million in 2026.
- Per Business Quant, the three most recent readings for HLX's Cost of Revenue are $279.1 million (Q1 2026), $283.5 million (Q4 2025), and $310.9 million (Q3 2025).