Helix Energy Solutions (HLX) Gross Profit (2009 - 2026)
Helix Energy Solutions (HLX) posted quarterly 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 reported Gross Profit for 18 consecutive years, with $8.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Profit fell 67.94% year-over-year to $8.8 million; the TTM figure through Mar 2026 stood at $140.4 million (down 38.29% YoY), while the FY2025 annual figure was $159.1 million, down 27.52% from the prior year.
- Gross Profit declined to $8.8 million in Q1 2026 per HLX's latest filing, from $50.6 million in the prior quarter.
- Across five years, Gross Profit topped out at $80.5 million in Q3 2023 and bottomed at -$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.
- Annual changes were most pronounced in 2022 — Gross Profit sank 227.25% — and 2023, when it soared 4187.81%.
- Helix Energy Solutions' Gross Profit stood at $31.4 million in 2022, then jumped by 57.12% to $49.3 million in 2023, then rose by 19.44% to $58.9 million in 2024, then dropped by 13.98% to $50.6 million in 2025, then slumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn |
| 10 | Helix Energy Solutions | 1.53 Bn | 882.53 Mn | 56.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 56.20 Mn |
| Jun 30, 2026 | 56.20 Mn |
| 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 |