Helmerich & Payne (HP) Change in Accured Expenses (2009 - 2026)
Helmerich & Payne (HP) reported Change in Accured Expenses of $16.3 million for Q1 2026, up 142.84% year-over-year from $6.7 million in Q1 2025, and up 130.53% on a QoQ basis from -$53.3 million in Q4 2025.
Helmerich & Payne (HP) has 18 years of Change in Accured Expenses data on file, last reported at $16.3 million in Q1 2026.
- Quarterly Change in Accured Expenses rose 142.84% year-over-year to $16.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$82.6 million (down 2394.66% YoY) and the FY2025 annual result came in at -$74.6 million, down 544.14% from the prior year.
- Change in Accured Expenses grew to $16.3 million in Q1 2026 per HP's latest filing, from -$53.3 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $51.8 million in Q2 2022 and bottomed at -$63.4 million in Q1 2023.
- The 5-year median for Change in Accured Expenses is $8.9 million (2024), against an average of -$2.5 million.
- The widest annual swing landed in 2022, when Change in Accured Expenses jumped 469.97%; it then slumped 697.53% in 2025.
- Tracing HP's Change in Accured Expenses over 5 years: stood at $20.8 million in 2022, then dropped by 8.37% to $19.0 million in 2023, then tumbled by 53.13% to $8.9 million in 2024, then tumbled by 697.53% to -$53.3 million in 2025, then soared by 130.53% to $16.3 million in 2026.
- Per Business Quant, the three latest HP Change in Accured Expenses figures stand at $16.3 million (Q1 2026), -$53.3 million (Q4 2025), and -$1.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | - |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | - |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -110.25 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 16.26 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 40.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | 20.22 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | -24.51 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 5.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.26 Mn |
| Mar 31, 2026 | 16.26 Mn |
| Dec 31, 2025 | -53.27 Mn |
| Dec 31, 2025 | -53.27 Mn |
| Sep 30, 2025 | -1.72 Mn |
| Sep 30, 2025 | -1.72 Mn |
| Jun 30, 2025 | -43.83 Mn |
| Jun 30, 2025 | -43.83 Mn |
| Mar 31, 2025 | -37.97 Mn |
| Mar 31, 2025 | -37.97 Mn |
| Dec 31, 2024 | 8.92 Mn |
| Dec 31, 2024 | 8.92 Mn |
| Sep 30, 2024 | 9.05 Mn |
| Sep 30, 2024 | 9.05 Mn |
| Jun 30, 2024 | 23.60 Mn |
| Jun 30, 2024 | 23.60 Mn |
| Mar 31, 2024 | -34.87 Mn |
| Mar 31, 2024 | -34.87 Mn |
| Dec 31, 2023 | 19.02 Mn |
| Dec 31, 2023 | 19.02 Mn |
| Sep 30, 2023 | 5.23 Mn |
| Sep 30, 2023 | 5.23 Mn |
| Jun 30, 2023 | 27.25 Mn |
| Jun 30, 2023 | 27.25 Mn |
| Mar 31, 2023 | -63.37 Mn |
| Mar 31, 2023 | -63.37 Mn |
| Dec 31, 2022 | 20.76 Mn |
| Dec 31, 2022 | 20.76 Mn |
| Sep 30, 2022 | 22.56 Mn |
| Sep 30, 2022 | 22.56 Mn |
| Jun 30, 2022 | 51.83 Mn |
| Jun 30, 2022 | 51.83 Mn |
| Mar 31, 2022 | -11.73 Mn |
| Mar 31, 2022 | -11.73 Mn |
| Dec 31, 2021 | -17.59 Mn |
| Dec 31, 2021 | -17.59 Mn |
| Sep 30, 2021 | 25.31 Mn |
| Sep 30, 2021 | 25.31 Mn |
| Jun 30, 2021 | 9.09 Mn |
| Jun 30, 2021 | 9.09 Mn |
| Mar 31, 2021 | 6.22 Mn |
| Mar 31, 2021 | 6.22 Mn |
| Dec 31, 2020 | -6.67 Mn |
| Dec 31, 2020 | -6.67 Mn |
| Sep 30, 2020 | -20.24 Mn |
| Sep 30, 2020 | -20.24 Mn |
| Jun 30, 2020 | -50.03 Mn |
| Jun 30, 2020 | -50.03 Mn |
| Mar 31, 2020 | -60.05 Mn |
| Mar 31, 2020 | -60.05 Mn |
| Dec 31, 2019 | -8.09 Mn |
| Dec 31, 2019 | -8.09 Mn |
| Sep 30, 2019 | 32.78 Mn |
| Sep 30, 2019 | 32.78 Mn |
| Jun 30, 2019 | 8.57 Mn |
| Jun 30, 2019 | 8.57 Mn |
| Mar 31, 2019 | 2.46 Mn |
| Mar 31, 2019 | 2.46 Mn |
| Dec 31, 2018 | -2.92 Mn |
| Dec 31, 2018 | -2.92 Mn |
| Sep 30, 2018 | 3.13 Mn |
| Sep 30, 2018 | 3.13 Mn |
| Jun 30, 2018 | 27.75 Mn |
| Jun 30, 2018 | 27.75 Mn |
| Mar 31, 2018 | -3.91 Mn |
| Mar 31, 2018 | -3.91 Mn |
| Dec 31, 2017 | 16.82 Mn |
| Dec 31, 2017 | 16.82 Mn |
| Sep 30, 2017 | 17.34 Mn |
| Sep 30, 2017 | 17.34 Mn |
| Jun 30, 2017 | 23.42 Mn |
| Jun 30, 2017 | 23.42 Mn |
| Mar 31, 2017 | -7.15 Mn |
| Mar 31, 2017 | -7.15 Mn |
| Dec 31, 2016 | -69.73 Mn |
| Dec 31, 2016 | -69.73 Mn |
| Sep 30, 2016 | 34.93 Mn |
| Sep 30, 2016 | 34.93 Mn |
| Jun 30, 2016 | -36.43 Mn |
| Jun 30, 2016 | -36.43 Mn |
| Mar 31, 2016 | -23.11 Mn |
| Mar 31, 2016 | -23.11 Mn |
| Dec 31, 2015 | 74.17 Mn |
| Dec 31, 2015 | 74.17 Mn |
| Sep 30, 2015 | 40.22 Mn |
| Sep 30, 2015 | 40.22 Mn |
| Jun 30, 2015 | -17.36 Mn |
| Jun 30, 2015 | -17.36 Mn |
| Mar 31, 2015 | -10.52 Mn |
| Mar 31, 2015 | -10.52 Mn |
| Dec 31, 2014 | -37.10 Mn |
| Dec 31, 2014 | -37.10 Mn |
| Sep 30, 2014 | 4.21 Mn |
| Sep 30, 2014 | 4.21 Mn |
| Jun 30, 2014 | 50.65 Mn |
| Jun 30, 2014 | 50.65 Mn |
| Mar 31, 2014 | -57.72 Mn |
| Mar 31, 2014 | -57.72 Mn |
| Dec 31, 2013 | 38.71 Mn |
| Dec 31, 2013 | 38.71 Mn |
| Sep 30, 2013 | -59.03 Mn |
| Sep 30, 2013 | -59.03 Mn |
| Jun 30, 2013 | 91.12 Mn |
| Jun 30, 2013 | 91.12 Mn |
| Mar 31, 2013 | -72.08 Mn |
| Mar 31, 2013 | -72.08 Mn |
| Dec 31, 2012 | 64.25 Mn |
| Dec 31, 2012 | 64.25 Mn |
| Sep 30, 2012 | 7.96 Mn |
| Sep 30, 2012 | 7.96 Mn |
| Jun 30, 2012 | 6.32 Mn |
| Jun 30, 2012 | 6.32 Mn |
| Mar 31, 2012 | -7.83 Mn |
| Mar 31, 2012 | -7.83 Mn |
| Dec 31, 2011 | -6.26 Mn |
| Dec 31, 2011 | -6.26 Mn |
| Sep 30, 2011 | 5.24 Mn |
| Sep 30, 2011 | 5.24 Mn |
| Jun 30, 2011 | 4.85 Mn |
| Jun 30, 2011 | 4.85 Mn |
| Mar 31, 2011 | 25.47 Mn |
| Mar 31, 2011 | 25.47 Mn |
| Dec 31, 2010 | -15.07 Mn |
| Dec 31, 2010 | -15.07 Mn |
| Sep 30, 2010 | 7.45 Mn |
| Sep 30, 2010 | 7.45 Mn |
| Jun 30, 2010 | 3.35 Mn |
| Jun 30, 2010 | 3.35 Mn |
| Mar 31, 2010 | -41.63 Mn |
| Mar 31, 2010 | -41.63 Mn |
| Dec 31, 2009 | 39.23 Mn |
| Dec 31, 2009 | 39.23 Mn |
| Sep 30, 2009 | 6.79 Mn |
| Sep 30, 2009 | 6.79 Mn |
| Jun 30, 2009 | -17.86 Mn |
| Jun 30, 2009 | -17.86 Mn |
| Mar 31, 2009 | 8.70 Mn |
| Mar 31, 2009 | 8.70 Mn |