Helix Energy Solutions (HLX) Revenue (2009 - 2026)
Helix Energy Solutions (HLX) reported Revenue of $287.9 million for Q1 2026, up 3.55% year-over-year from $278.1 million in Q1 2025, and down 13.83% quarter-over-quarter from $334.2 million in Q4 2025.
Helix Energy Solutions (HLX) Revenue (2009 - 2026) Analysis & Trends
Helix Energy Solutions (HLX) has 18 years of Revenue data on file, last reported at $287.9 million in Q1 2026.
- Revenue for Q1 2026 came in at $287.9 million, up 3.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (down 2.91% YoY), and the FY2025 annual result was $1.3 billion, down 4.94% from the prior year.
- Revenue eased to $287.9 million in Q1 2026 per HLX's latest filing, from $334.2 million in the prior quarter.
- Over five years, Revenue peaked at $395.7 million in Q3 2023 and troughed at $150.1 million in Q1 2022.
- A 5-year average of $300.0 million and a median of $302.3 million in 2025 frame the typical range for Revenue.
- The sharpest annual moves came in 2023 and 2025: Revenue jumped 89.91% in 2023, then dropped 17.14% in 2025.
- A 5-year view of Revenue shows it stood at $287.8 million in 2022, then increased by 16.45% to $335.2 million in 2023, then climbed by 5.96% to $355.1 million in 2024, then slipped by 5.91% to $334.2 million in 2025, then decreased by 13.83% to $287.9 million in 2026.
- Business Quant data shows HLX's Revenue at $287.9 million in Q1 2026, $334.2 million in Q4 2025, and $377.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 83.94 Bn | 81.73 Bn | 4.67 Bn | 8.72 Bn |
| 2 | Baker Hughes | 62.51 Bn | 47.92 Bn | 1.51 Bn | 6.59 Bn |
| 3 | Halliburton | 33.10 Bn | 31.15 Bn | 2.04 Bn | 5.40 Bn |
| 4 | TechnipFMC | 28.31 Bn | 27.04 Bn | 1.49 Bn | 2.49 Bn |
| 5 | Enerflex | 8.65 Bn | 8.59 Bn | - | -944.40 Mn |
| 6 | Nov | 7.64 Bn | 6.35 Bn | 119.00 Mn | 2.05 Bn |
| 7 | Weatherford International | 7.30 Bn | 6.25 Bn | 876.00 Mn | 1.15 Bn |
| 8 | Archrock | 6.37 Bn | 6.36 Bn | 247.42 Mn | 373.77 Mn |
| 9 | Kodiak Gas Services | 5.94 Bn | 5.84 Bn | 222.88 Mn | 345.76 Mn |
| 10 | Helix Energy Solutions | 1.44 Bn | 937.25 Mn | 8.83 Mn | 287.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 287.95 Mn |
| Dec 31, 2025 | 334.16 Mn |
| Sep 30, 2025 | 376.96 Mn |
| Jun 30, 2025 | 302.29 Mn |
| Mar 31, 2025 | 278.06 Mn |
| Dec 31, 2024 | 355.13 Mn |
| Sep 30, 2024 | 342.42 Mn |
| Jun 30, 2024 | 364.80 Mn |
| Mar 31, 2024 | 296.21 Mn |
| Dec 31, 2023 | 335.16 Mn |
| Sep 30, 2023 | 395.67 Mn |
| Jun 30, 2023 | 308.82 Mn |
| Mar 31, 2023 | 250.08 Mn |
| Dec 31, 2022 | 287.82 Mn |
| Sep 30, 2022 | 272.55 Mn |
| Jun 30, 2022 | 162.61 Mn |
| Mar 31, 2022 | 150.13 Mn |
| Dec 31, 2021 | 168.66 Mn |
| Sep 30, 2021 | 180.72 Mn |
| Jun 30, 2021 | 161.94 Mn |