Helix Energy Solutions (HLX) Free Cash Flow (2009 - 2026)

Helix Energy Solutions' (HLX) quarterly Free Cash Flow came in at $59.0 million in Q1 2026, up 393.35% year-on-year from $12.0 million in Q1 2025, and down 51.98% on a QoQ basis from $122.8 million in Q4 2025.

Helix Energy Solutions (HLX) Free Cash Flow (2009 - 2026) Analysis & Trends

Helix Energy Solutions (HLX) has 18 years of Free Cash Flow data on file, last reported at $59.0 million in Q1 2026.

  • On a quarterly basis, Free Cash Flow rose 393.35% year-over-year to $59.0 million in Q1 2026; TTM through Mar 2026 was $182.8 million, a 60.61% increase from a year earlier, with the FY2025 full-year figure at $135.7 million, down 16.58% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $59.0 million, down from $122.8 million in the prior quarter.
  • Over the last five years, Free Cash Flow for HLX reached as high as $122.8 million in Q4 2025 and fell as low as -$21.6 million in Q2 2025.
  • Historically, Free Cash Flow has averaged $30.0 million across 5 years, with a median of $22.6 million in 2025.
  • On a YoY basis, Free Cash Flow climbed as much as 604.93% in 2024 and fell as far as 153.41% in 2024.
  • Year by year, Free Cash Flow stood at $21.2 million in 2022, then jumped by 330.77% to $91.3 million in 2023, then dropped by 28.32% to $65.5 million in 2024, then jumped by 87.63% to $122.8 million in 2025, then sank by 51.98% to $59.0 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $59.0 million in Q1 2026, $122.8 million in Q4 2025, and $22.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Slb 70.54 Bn 68.33 Bn 5.38 Bn 490.00 Mn
2 Tenaris 57.93 Bn 46.32 Bn 1.05 Bn 732.12 Mn
3 TechnipFMC 30.31 Bn 29.04 Bn 1.64 Bn 276.90 Mn
4 Halliburton 27.38 Bn 25.42 Bn 2.10 Bn 589.00 Mn
5 Nov 7.25 Bn 5.97 Bn 379.00 Mn -91.00 Mn
6 Archrock 6.68 Bn 6.68 Bn 247.42 Mn 72.37 Mn
7 Weatherford International 6.15 Bn 5.02 Bn 776.00 Mn 133.00 Mn
8 Kodiak Gas Services 5.93 Bn 5.84 Bn 222.88 Mn -47.19 Mn
9 Oceaneering International 5.32 Bn 4.71 Bn 156.98 Mn 32.03 Mn
10 Helix Energy Solutions 1.43 Bn 926.03 Mn 8.83 Mn 58.98 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 58.98 Mn
Mar 31, 2026 58.98 Mn
Dec 31, 2025 122.81 Mn
Dec 31, 2025 122.81 Mn
Sep 30, 2025 22.59 Mn
Sep 30, 2025 22.59 Mn
Jun 30, 2025 -21.60 Mn
Jun 30, 2025 -21.60 Mn
Mar 31, 2025 11.95 Mn
Mar 31, 2025 11.95 Mn
Dec 31, 2024 65.45 Mn
Dec 31, 2024 65.45 Mn
Sep 30, 2024 52.55 Mn
Sep 30, 2024 52.55 Mn
Jun 30, 2024 -16.15 Mn
Jun 30, 2024 -16.15 Mn
Mar 31, 2024 60.88 Mn
Mar 31, 2024 60.88 Mn
Dec 31, 2023 91.31 Mn
Dec 31, 2023 91.31 Mn