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| Date | Value |
|---|---|
| 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 |