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| 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 |