Helmerich & Payne (HP) Change in Accured Expenses (2009 - 2026)
Helmerich & Payne (HP) posted quarterly 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% quarter-over-quarter from -$53.3 million in Q4 2025.
Helmerich & Payne (HP) Change in Accured Expenses (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Change in Accured Expenses for 18 consecutive years, with $16.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Accured Expenses rose 142.84% year-over-year to $16.3 million; the TTM figure through Mar 2026 stood at -$82.6 million (down 2394.66% YoY), while the FY2025 annual figure was -$74.6 million, down 544.14% from the prior year.
- Change in Accured Expenses climbed 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.
- Historically, Change in Accured Expenses has averaged -$2.5 million across 5 years, with a median of $8.9 million in 2024.
- Annual changes were most pronounced in 2022 — Change in Accured Expenses soared 469.97% — and 2025, when it plunged 697.53%.
- Helmerich & Payne's Change in Accured Expenses stood at $20.8 million in 2022, then retreated by 8.37% to $19.0 million in 2023, then slumped by 53.13% to $8.9 million in 2024, then slumped by 697.53% to -$53.3 million in 2025, then soared by 130.53% to $16.3 million in 2026.
- Business Quant data shows HP's Change in Accured Expenses at $16.3 million in Q1 2026, -$53.3 million in Q4 2025, and -$1.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (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 | -8.62 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 36.06 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | -12.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | -58.80 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 17.06 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 | - | 78.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 36.06 Mn |
| Jun 30, 2026 | 36.06 Mn |
| 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 |