Helmerich & Payne (HP) Cost of Revenue (2009 - 2026)
Helmerich & Payne's Cost of Revenue was $684.91 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 2.7% from $704.22 million a year earlier but up 3.6% from the prior quarter.
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Analysis
Helmerich & Payne (HP) Cost of Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Helmerich & Payne's Cost of Revenue was $2.72 billion through Jun 30, 2026, up 22.5% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $2.51 billion, up 54.6% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of 16.2% (FY2020 to FY2025).
- In earlier fiscal years, Cost of Revenue was $1.62 billion in FY2024 (-4.9%), $1.71 billion in FY2023 (+19.8%), $1.43 billion in FY2022 (+49.8%) and $952.6 million in FY2021 (-19.6%).
- Quarterly Cost of Revenue has moved between $268.13 million (fiscal Q4 2021) and $704.22 million (fiscal Q3 2025) over five years.
- Compared with a year earlier, Cost of Revenue was higher in six of the last eight quarters, with growth averaging 34.5%.
- The best year-over-year quarter for Cost of Revenue over five years was fiscal Q2 2025 (growth of 74.8%); the worst was fiscal Q2 2024 (a decline of 10.6%).
- Per Business Quant data, HP's Cost of Revenue in the three fiscal quarters before Q3 2026 was $661.18 million (Q2 2026), $682.78 million (Q1 2026) and $694.61 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 7.58 Bn |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | 5.16 Bn |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | 2.08 Bn |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | 4.91 Bn |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | 1.61 Bn |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn | 480.42 Mn |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn | 608.00 Mn |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn | 772.00 Mn |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn | 144.36 Mn |
| 10 | Helmerich & Payne | 3.85 Bn | 3.03 Bn | 349.94 Mn | 684.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 684.91 Mn |
| Mar 31, 2026 | 661.18 Mn |
| Dec 31, 2025 | 682.78 Mn |
| Sep 30, 2025 | 694.61 Mn |
| Jun 30, 2025 | 704.22 Mn |
| Mar 31, 2025 | 701.66 Mn |
| Dec 31, 2024 | 410.92 Mn |
| Sep 30, 2024 | 407.02 Mn |
| Jun 30, 2024 | 414.88 Mn |
| Mar 31, 2024 | 401.30 Mn |
| Dec 31, 2023 | 403.30 Mn |
| Sep 30, 2023 | 402.06 Mn |
| Jun 30, 2023 | 429.18 Mn |
| Mar 31, 2023 | 449.11 Mn |
| Dec 31, 2022 | 428.25 Mn |
| Sep 30, 2022 | 410.97 Mn |
| Jun 30, 2022 | 376.21 Mn |
| Mar 31, 2022 | 339.76 Mn |
| Dec 31, 2021 | 299.65 Mn |
| Sep 30, 2021 | 268.13 Mn |
API Access
Helmerich & Payne Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();