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| Date | Value |
|---|---|
| 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 |