Helix Energy Solutions (HLX) EBIT (2009 - 2026)

Helix Energy Solutions (HLX) reported EBIT of -$13.3 million for Q1 2026, down 262.93% year-over-year from $8.2 million in Q1 2025, and down 208.57% quarter-over-quarter from $12.3 million in Q4 2025.

Helix Energy Solutions (HLX) EBIT (2009 - 2026) Analysis & Trends

Helix Energy Solutions (HLX) has 18 years of EBIT data on file, last reported at -$13.3 million in Q1 2026.

  • EBIT for Q1 2026 came in at -$13.3 million, down 262.93% year-over-year; the trailing twelve-month figure through Mar 2026 was $43.6 million (down 68.11% YoY), and the FY2025 annual result was $65.1 million, down 48.89% from the prior year.
  • EBIT slipped to -$13.3 million in Q1 2026 per HLX's latest filing, from $12.3 million in the prior quarter.
  • Over five years, EBIT peaked at $53.2 million in Q2 2024 and troughed at -$33.0 million in Q1 2022.
  • A 5-year average of $13.4 million and a median of $12.3 million in 2025 frame the typical range for EBIT.
  • The sharpest annual moves came in 2022 and 2025: EBIT tumbled 5841.8% in 2022, then surged 740.44% in 2025.
  • A 5-year view of EBIT shows it stood at $23.9 million in 2022, then plunged by 35.75% to $15.4 million in 2023, then surged by 100.77% to $30.9 million in 2024, then plunged by 60.28% to $12.3 million in 2025, then plunged by 208.57% to -$13.3 million in 2026.
  • Business Quant data shows HLX's EBIT at -$13.3 million in Q1 2026, $12.3 million in Q4 2025, and $47.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 4.41 Bn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 782.00 Mn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 679.00 Mn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 361.80 Mn
5 Enerflex 8.62 Bn 8.57 Bn - -147.72 Mn
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 47.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 123.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 201.60 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 106.81 Mn
10 Helix Energy Solutions 1.36 Bn 858.51 Mn 8.83 Mn -13.32 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.32 Mn
Dec 31, 2025 12.26 Mn
Sep 30, 2025 47.85 Mn
Jun 30, 2025 -3.15 Mn
Mar 31, 2025 8.17 Mn
Dec 31, 2024 30.88 Mn
Sep 30, 2024 44.64 Mn
Jun 30, 2024 53.19 Mn
Mar 31, 2024 -1.28 Mn
Dec 31, 2023 15.38 Mn
Sep 30, 2023 36.23 Mn
Jun 30, 2023 20.21 Mn
Mar 31, 2023 -8.30 Mn
Dec 31, 2022 23.94 Mn
Sep 30, 2022 12.23 Mn
Jun 30, 2022 -18.98 Mn
Mar 31, 2022 -32.98 Mn
Dec 31, 2021 -26.86 Mn
Sep 30, 2021 -10.33 Mn
Jun 30, 2021 -10.94 Mn