Helix Energy Solutions (HLX) EBITDA (2009 - 2026)
Helix Energy Solutions (HLX) posted quarterly EBITDA 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) EBITDA (2009 - 2026) Analysis & Trends
Helix Energy Solutions (HLX) has reported EBITDA for 18 consecutive years, with -$13.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA fell 262.93% year-over-year to -$13.3 million; the TTM figure through Mar 2026 stood at $43.6 million (down 68.11% YoY), while the FY2025 annual figure was $65.1 million, down 48.89% from the prior year.
- EBITDA fell to -$13.3 million in Q1 2026 per HLX's latest filing, from $12.3 million in the prior quarter.
- Across five years, EBITDA topped out at $53.2 million in Q2 2024 and bottomed at -$33.0 million in Q1 2022.
- Historically, EBITDA has averaged $11.6 million across 5 years, with a median of $12.2 million in 2022.
- Annual changes were most pronounced in 2022 — EBITDA tumbled 5841.8% — and 2025, when it surged 740.44%.
- Helix Energy Solutions' EBITDA stood at -$5.1 million in 2022, then jumped by 399.92% to $15.4 million in 2023, then soared by 100.77% to $30.9 million in 2024, then sank by 60.28% to $12.3 million in 2025, then sank by 208.57% to -$13.3 million in 2026.
- Business Quant data shows HLX's EBITDA at -$13.3 million in Q1 2026, $12.3 million in Q4 2025, and $47.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 4.31 Bn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 859.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 484,107.00 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | -879.60 Mn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 778.00 Mn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 262.00 Mn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 107.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 197.14 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 204.54 Mn |
| 10 | Helix Energy Solutions | 1.54 Bn | 886.95 Mn | 56.20 Mn | 26.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.72 Mn |
| 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 | -5.13 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 |