Helix Energy Solutions (HLX) Cost of Revenue (2009 - 2026)

Helix Energy Solutions (HLX) has 18 years of Cost of Revenue data on file, last reported at $279.1 million in Q1 2026.

• On a quarterly basis, Cost of Revenue rose 11.41% year-over-year to $279.1 million in Q1 2026; TTM through Mar 2026 was $1.2 billion, a 4.32% increase from a year earlier, with the FY2025 full-year figure at $1.1 billion, down 0.58% from the prior year.
• Cost of Revenue for Q1 2026 stood at $279.1 million, down from $283.5 million in the prior quarter.
• Over the last five years, Cost of Revenue for HLX reached as high as $315.1 million in Q3 2023 and fell as low as $164.0 million in Q2 2022.
• Historically, Cost of Revenue has averaged $262.5 million across 5 years, with a median of $276.8 million in 2024.
• Across the five-year window, Cost of Revenue surged 54.59% in 2023 and decreased 12.18% in 2024, its largest moves.
• Year by year, Cost of Revenue 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 data, the three most recent Cost of Revenue figures were $279.1 million in Q1 2026, $283.5 million in Q4 2025, and $310.9 million in Q3 2025.