Helmerich & Payne (HP) Cost of Revenue (2009 - 2026)

Helmerich & Payne (HP) has 18 years of Cost of Revenue data on file, last reported at $24.8 million in Q1 2026.

• Quarterly Cost of Revenue rose 611.59% year-over-year to $24.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.0 billion (down 161.49% YoY) and the FY2025 annual result came in at $56.0 million, down 96.55% from the prior year.
• Cost of Revenue declined to $24.8 million in Q1 2026 per HP's latest filing, from $31.3 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $1.6 billion in Q3 2024 and bottomed at -$1.8 billion in Q3 2025.
• The 5-year median for Cost of Revenue is $3.5 million (2025), against an average of $127.1 million.
• The widest annual swing landed in 2024, when Cost of Revenue soared 139673.62%; it then sank 208.6% in 2025.
• Tracing HP's Cost of Revenue over 5 years: stood at $1.1 million in 2022, then climbed by 0.98% to $1.1 million in 2023, then grew by 1.67% to $1.2 million in 2024, then jumped by 2604.15% to $31.3 million in 2025, then declined by 20.67% to $24.8 million in 2026.
• Per Business Quant, the three latest HP Cost of Revenue figures stand at $24.8 million (Q1 2026), $31.3 million (Q4 2025), and -$1.8 billion (Q3 2025).

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