Helix Energy Solutions (HLX) Operating Leases (2019 - 2026)
Helix Energy Solutions (HLX) posted quarterly Operating Leases of $257.9 million for Q1 2026, down 8.27% year-over-year from $281.1 million in Q1 2025, and down 1.18% quarter-over-quarter from $261.0 million in Q4 2025.
Helix Energy Solutions (HLX) Operating Leases (2019 - 2026) Analysis & Trends
Helix Energy Solutions (HLX) has reported Operating Leases for 8 consecutive years, with $257.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases fell 8.27% year-over-year to $257.9 million; the TTM figure through Mar 2026 stood at $257.9 million (down 8.27% YoY), while the FY2025 annual figure was $261.0 million, down 8.75% from the prior year.
- Operating Leases eased to $257.9 million in Q1 2026 per HLX's latest filing, from $261.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $314.4 million in Q1 2024 and bottomed at $103.5 million in Q2 2022.
- Historically, Operating Leases has averaged $210.8 million across 5 years, with a median of $257.2 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Leases surged 208.15% — and 2023, when it slipped 24.89%.
- Helix Energy Solutions' Operating Leases stood at $154.7 million in 2022, then retreated by 24.89% to $116.2 million in 2023, then surged by 146.15% to $286.0 million in 2024, then slipped by 8.75% to $261.0 million in 2025, then decreased by 1.18% to $257.9 million in 2026.
- Business Quant data shows HLX's Operating Leases at $257.9 million in Q1 2026, $261.0 million in Q4 2025, and $257.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 80.16 Bn | 76.09 Bn | 4.63 Bn |
| 2 | Baker Hughes | 62.00 Bn | 46.27 Bn | 1.58 Bn |
| 3 | Tenaris | 53.00 Bn | 43.97 Bn | 984.66 |
| 4 | TechnipFMC | 30.88 Bn | 29.63 Bn | 1.40 Bn |
| 5 | Halliburton | 29.50 Bn | 27.45 Bn | 2.10 Bn |
| 6 | Nov | 7.31 Bn | 6.15 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.54 Bn | 5.40 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.72 Bn | 5.58 Bn | 246.76 Mn |
| 9 | Archrock | 5.53 Bn | 5.53 Bn | 244.51 Mn |
| 10 | Helix Energy Solutions | 1.54 Bn | 884.74 Mn | 56.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 241.30 Mn |
| Mar 31, 2026 | 257.89 Mn |
| Dec 31, 2025 | 260.96 Mn |
| Sep 30, 2025 | 257.16 Mn |
| Jun 30, 2025 | 270.12 Mn |
| Mar 31, 2025 | 281.15 Mn |
| Dec 31, 2024 | 285.98 Mn |
| Sep 30, 2024 | 293.39 Mn |
| Jun 30, 2024 | 302.94 Mn |
| Mar 31, 2024 | 314.35 Mn |
| Dec 31, 2023 | 116.19 Mn |
| Sep 30, 2023 | 129.46 Mn |
| Jun 30, 2023 | 131.18 Mn |
| Mar 31, 2023 | 145.19 Mn |
| Dec 31, 2022 | 154.69 Mn |
| Sep 30, 2022 | 166.92 Mn |
| Jun 30, 2022 | 103.55 Mn |
| Mar 31, 2022 | 112.51 Mn |
| Dec 31, 2021 | 50.20 Mn |
| Sep 30, 2021 | 64.42 Mn |