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

Helmerich & Payne (HP) has reported Cost of Revenue for 18 consecutive years, with $24.8 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue fell 96.47% year-over-year to $24.8 million; the TTM figure through Mar 2026 stood at $759.0 million (up 894.82% YoY), while the FY2025 annual figure was $56.0 million, up 1149.59% from the prior year.
• Cost of Revenue retreated to $24.8 million in Q1 2026 per HP's latest filing, from $682.8 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $701.7 million in Q1 2025 and bottomed at -$1.2 billion in Q3 2024.
• Historically, Cost of Revenue has averaged $202.7 million across 5 years, with a median of $376.2 million in 2022.
• Annual changes were most pronounced in 2024 — Cost of Revenue plunged 401.74% — and 2025, when it surged 58964.01%.
• Helmerich & Payne's Cost of Revenue stood at $428.3 million in 2022, then retreated by 5.83% to $403.3 million in 2023, then sank by 99.71% to $1.2 million in 2024, then soared by 58964.01% to $682.8 million in 2025, then plunged by 96.37% to $24.8 million in 2026.
• Business Quant data shows HP's Cost of Revenue at $24.8 million in Q1 2026, $682.8 million in Q4 2025, and $20.3 million in Q3 2025.