Helmerich & Payne (HP) Consolidated Net Income (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Consolidated Net Income of -$55.9 million for Q1 2026, down 1970.76% year-over-year from $3.0 million in Q1 2025, and up 41.16% quarter-over-quarter from -$94.9 million in Q4 2025.
Helmerich & Payne (HP) Consolidated Net Income (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Consolidated Net Income for 18 consecutive years, with -$55.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Consolidated Net Income fell 1970.76% year-over-year to -$55.9 million; the TTM figure through Mar 2026 stood at -$368.5 million (down 266.0% YoY), while the FY2025 annual figure was -$159.9 million, down 146.47% from the prior year.
- Consolidated Net Income climbed to -$55.9 million in Q1 2026 per HP's latest filing, from -$94.9 million in the prior quarter.
- Across five years, Consolidated Net Income topped out at $95.2 million in Q4 2023 and bottomed at -$161.9 million in Q2 2025.
- Historically, Consolidated Net Income has averaged $6.6 million across 5 years, with a median of $507000.0 in 2022.
- Annual changes were most pronounced in 2024 — Consolidated Net Income jumped 682092.31% — and 2026, when it tumbled 1970.76%.
- Helmerich & Payne's Consolidated Net Income stood at $718000.0 in 2022, then soared by 13152.51% to $95.2 million in 2023, then sank by 42.39% to $54.8 million in 2024, then tumbled by 273.17% to -$94.9 million in 2025, then soared by 41.16% to -$55.9 million in 2026.
- Business Quant data shows HP's Consolidated Net Income at -$55.9 million in Q1 2026, -$94.9 million in Q4 2025, and -$55.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | -36.68 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 170.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | -19.28 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 78.12 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 29.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | -241.40 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | -1.52 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 1.77 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 47.00 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | -64.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 78.12 Mn |
| Mar 31, 2026 | -55.86 Mn |
| Dec 31, 2025 | -94.93 Mn |
| Sep 30, 2025 | -55.81 Mn |
| Jun 30, 2025 | -161.91 Mn |
| Mar 31, 2025 | 2.99 Mn |
| Dec 31, 2024 | 54.82 Mn |
| Sep 30, 2024 | 75.50 Mn |
| Jun 30, 2024 | 88.69 Mn |
| Mar 31, 2024 | 84.83 Mn |
| Dec 31, 2023 | 95.15 Mn |
| Sep 30, 2023 | 77.64 Mn |
| Jun 30, 2023 | 13,000.00 |
| Mar 31, 2023 | 139,000.00 |
| Dec 31, 2022 | 718,000.00 |
| Sep 30, 2022 | 507,000.00 |
| Jun 30, 2022 | 277,000.00 |
| Mar 31, 2022 | -352,000.00 |
| Dec 31, 2021 | -31,000.00 |
| Sep 30, 2021 | 373,000.00 |