Helix Energy Solutions (HLX) Profit After Tax (2009 - 2026)
Helix Energy Solutions (HLX) posted quarterly Profit After Tax of -$13.4 million for Q1 2026, down 536.39% year-over-year from $3.1 million in Q1 2025, and down 262.1% quarter-over-quarter from $8.3 million in Q4 2025.
Helix Energy Solutions (HLX) Profit After Tax (2009 - 2026) Analysis & Trends
Helix Energy Solutions (HLX) has reported Profit After Tax for 18 consecutive years, with -$13.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Profit After Tax fell 536.39% 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.
- Profit After Tax retreated to -$13.4 million in Q1 2026 per HLX's latest filing, from $8.3 million in the prior quarter.
- Across five years, Profit After Tax topped out at $32.3 million in Q2 2024 and bottomed at -$42.0 million in Q1 2022.
- Historically, Profit After Tax has averaged -$1.5 million across 5 years, with a median of $2.7 million in 2022.
- Annual changes were most pronounced in 2022 — Profit After Tax tumbled 1278.07% — and 2024, when it surged 354.77%.
- Helix Energy Solutions' Profit After Tax stood at $2.7 million in 2022, then slumped by 1145.88% to -$28.3 million in 2023, then surged by 171.02% to $20.1 million in 2024, then sank by 58.9% to $8.3 million in 2025, then slumped by 262.1% to -$13.4 million in 2026.
- Business Quant data shows HLX's Profit After Tax at -$13.4 million in Q1 2026, $8.3 million in Q4 2025, and $22.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (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 | 492,135.00 Bn |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 362.70 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 | 66.72 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 | 22.72 Mn |
| Mar 31, 2026 | -13.41 Mn |
| Dec 31, 2025 | 8.27 Mn |
| Sep 30, 2025 | 22.08 Mn |
| Jun 30, 2025 | -2.60 Mn |
| Mar 31, 2025 | 3.07 Mn |
| Dec 31, 2024 | 20.12 Mn |
| Sep 30, 2024 | 29.51 Mn |
| Jun 30, 2024 | 32.29 Mn |
| Mar 31, 2024 | -26.29 Mn |
| Dec 31, 2023 | -28.33 Mn |
| Sep 30, 2023 | 15.56 Mn |
| Jun 30, 2023 | 7.10 Mn |
| Mar 31, 2023 | -5.17 Mn |
| Dec 31, 2022 | 2.71 Mn |
| Sep 30, 2022 | -18.76 Mn |
| Jun 30, 2022 | -29.70 Mn |
| Mar 31, 2022 | -42.03 Mn |
| Dec 31, 2021 | -25.91 Mn |
| Sep 30, 2021 | -19.04 Mn |