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% 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 18 years of Change in Accured Expenses data on file, last reported at $16.3 million in Q1 2026.
- Change in Accured Expenses for Q1 2026 came in at $16.3 million, up 142.84% year-over-year; the trailing twelve-month figure through Mar 2026 was -$82.6 million (down 2394.66% YoY), and the FY2025 annual result was -$74.6 million, down 544.14% from the prior year.
- Change in Accured Expenses rose to $16.3 million in Q1 2026 per HP's latest filing, from -$53.3 million in the prior quarter.
- Over five years, Change in Accured Expenses peaked at $51.8 million in Q2 2022 and troughed at -$63.4 million in Q1 2023.
- A 5-year average of -$2.5 million and a median of $8.9 million in 2024 frame the typical range for Change in Accured Expenses.
- The sharpest annual moves came in 2022 and 2025: Change in Accured Expenses soared 469.97% in 2022, then plunged 697.53% in 2025.
- A 5-year view of Change in Accured Expenses shows it stood at $20.8 million in 2022, then fell by 8.37% to $19.0 million in 2023, then sank by 53.13% to $8.9 million in 2024, then sank by 697.53% to -$53.3 million in 2025, then surged 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 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | - |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | - |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -110.25 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 16.26 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 40.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 20.22 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | -24.51 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 100,000.00 |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 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 |