Helmerich & Payne (HP) Accumulated Expenses (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Accumulated Expenses of $514.4 million for Q1 2026, down 11.73% year-over-year from $582.8 million in Q1 2025, and up 2.62% quarter-over-quarter from $501.3 million in Q4 2025.
Helmerich & Payne (HP) Accumulated Expenses (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Accumulated Expenses for 18 consecutive years, with $514.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Accumulated Expenses fell 11.73% year-over-year to $514.4 million; the TTM figure through Mar 2026 stood at $514.4 million (down 11.73% YoY), while the FY2025 annual figure was $564.9 million, up 96.92% from the prior year.
- Accumulated Expenses grew to $514.4 million in Q1 2026 per HP's latest filing, from $501.3 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $582.8 million in Q1 2025 and bottomed at $203.2 million in Q1 2023.
- Historically, Accumulated Expenses has averaged $336.8 million across 5 years, with a median of $262.9 million in 2023.
- Annual changes were most pronounced in 2023 — Accumulated Expenses dropped 17.32% — and 2025, when it jumped 144.37%.
- Helmerich & Payne's Accumulated Expenses stood at $272.2 million in 2022, then decreased by 0.94% to $269.7 million in 2023, then slipped by 2.92% to $261.8 million in 2024, then jumped by 91.46% to $501.3 million in 2025, then rose by 2.62% to $514.4 million in 2026.
- Business Quant data shows HP's Accumulated Expenses at $514.4 million in Q1 2026, $501.3 million in Q4 2025, and $564.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 560.85 Mn |
| Mar 31, 2026 | 514.42 Mn |
| Dec 31, 2025 | 501.26 Mn |
| Sep 30, 2025 | 564.86 Mn |
| Jun 30, 2025 | 536.84 Mn |
| Mar 31, 2025 | 582.80 Mn |
| Dec 31, 2024 | 261.81 Mn |
| Sep 30, 2024 | 286.84 Mn |
| Jun 30, 2024 | 255.85 Mn |
| Mar 31, 2024 | 238.49 Mn |
| Dec 31, 2023 | 269.69 Mn |
| Sep 30, 2023 | 262.89 Mn |
| Jun 30, 2023 | 232.95 Mn |
| Mar 31, 2023 | 203.21 Mn |
| Dec 31, 2022 | 272.25 Mn |
| Sep 30, 2022 | 241.15 Mn |
| Jun 30, 2022 | 254.61 Mn |
| Mar 31, 2022 | 245.78 Mn |
| Dec 31, 2021 | 263.13 Mn |
| Sep 30, 2021 | 283.49 Mn |