Helix Energy Solutions (HLX) Net Income (2009 - 2026)
Helix Energy Solutions (HLX) posted quarterly Net Income of -$13.4 million for Q1 2026, down 534.83% year-over-year from $3.1 million in Q1 2025, and down 262.01% quarter-over-quarter from $8.2 million in Q4 2025.
Helix Energy Solutions (HLX) Net Income (2009 - 2026) Analysis & Trends
Helix Energy Solutions (HLX) has reported Net Income for 18 consecutive years, with -$13.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income fell 534.83% year-over-year to -$13.4 million; the TTM figure through Mar 2026 stood at $14.3 million (down 83.12% YoY), while the FY2025 annual figure was $30.8 million, down 44.59% from the prior year.
- Net Income eased to -$13.4 million in Q1 2026 per HLX's latest filing, from $8.2 million in the prior quarter.
- Across five years, Net Income topped out at $68.5 million in Q4 2022 and bottomed at -$42.0 million in Q1 2022.
- Historically, Net Income has averaged $5.1 million across 5 years, with a median of $7.1 million in 2023.
- Annual changes were most pronounced in 2022 — Net Income sank 1284.01% — and 2024, when it surged 354.77%.
- Helix Energy Solutions' Net Income stood at $68.5 million in 2022, then plunged by 72.7% to $18.7 million in 2023, then rose by 7.3% to $20.1 million in 2024, then slumped by 58.93% to $8.2 million in 2025, then sank by 262.01% to -$13.4 million in 2026.
- Business Quant data shows HLX's Net Income at -$13.4 million in Q1 2026, $8.2 million in Q4 2025, and $22.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 815.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 682.00 Mn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 656,011.00 Bn |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 365.70 Mn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 538.00 Mn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 116.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 42.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 52.14 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 67.17 Mn |
| 10 | Helix Energy Solutions | 1.53 Bn | 882.53 Mn | 56.20 Mn | 22.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.46 Mn |
| Mar 31, 2026 | -13.36 Mn |
| Dec 31, 2025 | 8.25 Mn |
| Sep 30, 2025 | 22.05 Mn |
| Jun 30, 2025 | -2.60 Mn |
| Mar 31, 2025 | 3.07 Mn |
| Dec 31, 2024 | 20.07 Mn |
| Sep 30, 2024 | 29.53 Mn |
| Jun 30, 2024 | 32.29 Mn |
| Mar 31, 2024 | -26.29 Mn |
| Dec 31, 2023 | 18.71 Mn |
| Sep 30, 2023 | 15.60 Mn |
| Jun 30, 2023 | 7.10 Mn |
| Mar 31, 2023 | -5.18 Mn |
| Dec 31, 2022 | 68.53 Mn |
| Sep 30, 2022 | -18.76 Mn |
| Jun 30, 2022 | -29.67 Mn |
| Mar 31, 2022 | -41.99 Mn |
| Dec 31, 2021 | -36.35 Mn |
| Sep 30, 2021 | -19.04 Mn |