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

Helix Energy Solutions' (HLX) quarterly Gross Profit came in at $8.8 million in Q1 2026, down 67.94% year-on-year from $27.5 million in Q1 2025, and down 82.56% on a QoQ basis 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.

  • On a quarterly basis, Gross Profit fell 67.94% year-over-year to $8.8 million in Q1 2026; TTM through Mar 2026 was $140.4 million, a 38.29% decrease from a year earlier, with the FY2025 full-year figure at $159.1 million, down 27.52% from the prior year.
  • Gross Profit for Q1 2026 stood at $8.8 million, down from $50.6 million in the prior quarter.
  • Over the last five years, Gross Profit for HLX reached as high as $80.5 million in Q3 2023 and fell as low as -$18.6 million in Q1 2022.
  • Historically, Gross Profit has averaged $37.6 million across 5 years, with a median of $39.2 million in 2022.
  • Across the five-year window, Gross Profit tumbled 227.25% in 2022 and jumped 4187.81% in 2023, its largest moves.
  • Year by year, Gross Profit stood at $31.4 million in 2022, then soared by 57.12% to $49.3 million in 2023, then advanced by 19.44% to $58.9 million in 2024, then fell by 13.98% to $50.6 million in 2025, then slumped by 82.56% to $8.8 million in 2026.
  • Per Business Quant data, the three most recent Gross Profit figures were $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 78.08 Bn 74.69 Bn 5.38 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn
10 Helix Energy Solutions 1.45 Bn 948.28 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