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

Helix Energy Solutions' (HLX) quarterly EBITDA came in at -$13.3 million in Q1 2026, down 262.93% year-on-year from $8.2 million in Q1 2025, and down 208.57% on a QoQ basis from $12.3 million in Q4 2025.

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

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

  • On a quarterly basis, EBITDA fell 262.93% year-over-year to -$13.3 million in Q1 2026; TTM through Mar 2026 was $43.6 million, a 68.11% decrease from a year earlier, with the FY2025 full-year figure at $65.1 million, down 48.89% from the prior year.
  • EBITDA for Q1 2026 stood at -$13.3 million, down from $12.3 million in the prior quarter.
  • Over the last five years, EBITDA for HLX reached as high as $53.2 million in Q2 2024 and fell as low as -$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.
  • Across the five-year window, EBITDA sank 5841.8% in 2022 and soared 740.44% in 2025, its largest moves.
  • Year by year, EBITDA stood at -$5.1 million in 2022, then soared by 399.92% to $15.4 million in 2023, then surged 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.
  • Per Business Quant data, the three most recent EBITDA figures were -$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) EBITDA (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 5.12 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 1.52 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 361.80 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 679.00 Mn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 119.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 107.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 202.06 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 57.79 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 106.81 Mn
10 Helix Energy Solutions 1.45 Bn 948.28 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 -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
Jun 30, 2021 -10.94 Mn