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.

• Cost of Revenue for Q1 2026 came in at $279.1 million, up 11.41% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 4.32% YoY), and the FY2025 annual result was $1.1 billion, down 0.58% from the prior year.
• Cost of Revenue fell to $279.1 million in Q1 2026 per HLX's latest filing, 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.
• A 5-year average of $262.5 million and a median of $276.8 million in 2024 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue jumped 54.59% in 2023, then dropped 12.18% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $256.5 million in 2022, then advanced by 11.47% to $285.9 million in 2023, then advanced by 3.64% to $296.3 million in 2024, then declined by 4.3% to $283.5 million in 2025, then declined by 1.56% to $279.1 million in 2026.
• Business Quant data shows HLX's Cost of Revenue at $279.1 million in Q1 2026, $283.5 million in Q4 2025, and $310.9 million in Q3 2025.