Helix Energy Solutions (HLX) Gross Profit (2009 - 2026)

Helix Energy Solutions (HLX) reported Gross Profit of $8.8 million for Q1 2026, down 67.94% year-over-year from $27.5 million in Q1 2025, and down 82.56% quarter-over-quarter from $50.6 million in Q4 2025.

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

Helix Energy Solutions (HLX) has 18 years of Gross Profit data on file, last reported at $8.8 million in Q1 2026.

  • Gross Profit for Q1 2026 came in at $8.8 million, down 67.94% year-over-year; the trailing twelve-month figure through Mar 2026 was $140.4 million (down 38.29% YoY), and the FY2025 annual result was $159.1 million, down 27.52% from the prior year.
  • Gross Profit retreated to $8.8 million in Q1 2026 per HLX's latest filing, from $50.6 million in the prior quarter.
  • Over five years, Gross Profit peaked at $80.5 million in Q3 2023 and troughed at -$18.6 million in Q1 2022.
  • A 5-year average of $37.6 million and a median of $39.2 million in 2022 frame the typical range for Gross Profit.
  • The sharpest annual moves came in 2022 and 2023: Gross Profit sank 227.25% in 2022, then soared 4187.81% in 2023.
  • A 5-year view of Gross Profit shows it stood at $31.4 million in 2022, then soared by 57.12% to $49.3 million in 2023, then increased by 19.44% to $58.9 million in 2024, then slipped by 13.98% to $50.6 million in 2025, then sank by 82.56% to $8.8 million in 2026.
  • Business Quant data shows HLX's Gross Profit at $8.8 million in Q1 2026, $50.6 million in Q4 2025, and $66.0 million in Q3 2025.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 8.83 Mn
Mar 31, 2026 8.83 Mn
Dec 31, 2025 50.63 Mn
Dec 31, 2025 50.63 Mn
Sep 30, 2025 66.02 Mn
Sep 30, 2025 66.02 Mn
Jun 30, 2025 14.95 Mn
Jun 30, 2025 14.95 Mn
Mar 31, 2025 27.54 Mn
Mar 31, 2025 27.54 Mn
Dec 31, 2024 58.86 Mn
Dec 31, 2024 58.86 Mn
Sep 30, 2024 65.67 Mn
Sep 30, 2024 65.67 Mn
Jun 30, 2024 75.49 Mn
Jun 30, 2024 75.49 Mn
Mar 31, 2024 19.55 Mn
Mar 31, 2024 19.55 Mn
Dec 31, 2023 49.28 Mn
Dec 31, 2023 49.28 Mn