Helmerich & Payne (HP) Deferred Taxes (2009 - 2026)
Helmerich & Payne (HP) reported Deferred Taxes of -$13.2 million for Q1 2026, up 46.0% year-over-year from -$9.0 million in Q1 2025, and down 283.39% on a QoQ basis from $7.2 million in Q4 2025.
Helmerich & Payne (HP) has 18 years of Deferred Taxes data on file, last reported at -$13.2 million in Q1 2026.
- Quarterly Deferred Taxes rose 46.0% year-over-year to -$13.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$50.3 million (down 21.09% YoY) and the FY2025 annual result came in at -$78.7 million, down 239.19% from the prior year.
- Deferred Taxes eased to -$13.2 million in Q1 2026 per HP's latest filing, from $7.2 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $7.2 million in Q4 2025 and bottomed at -$30.3 million in Q2 2025.
- The 5-year median for Deferred Taxes is -$8.0 million (2023), against an average of -$9.8 million.
- The widest annual swing landed in 2023, when Deferred Taxes surged 1451.16%; it then sank 3262.98% in 2025.
- Tracing HP's Deferred Taxes over 5 years: stood at $711000.0 in 2022, then tumbled by 1201.13% to -$7.8 million in 2023, then declined by 26.75% to -$9.9 million in 2024, then surged by 172.38% to $7.2 million in 2025, then sank by 283.39% to -$13.2 million in 2026.
- Per Business Quant, the three latest HP Deferred Taxes figures stand at -$13.2 million (Q1 2026), $7.2 million (Q4 2025), and -$14.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 6.21 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 46.34 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | -73.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -3.79 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -13.17 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 17.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 5.06 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 1.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -13.17 Mn |
| Dec 31, 2025 | 7.18 Mn |
| Sep 30, 2025 | -14.01 Mn |
| Jun 30, 2025 | -30.34 Mn |
| Mar 31, 2025 | -24.39 Mn |
| Dec 31, 2024 | -9.92 Mn |
| Sep 30, 2024 | 443,000.00 |
| Jun 30, 2024 | -7.70 Mn |
| Mar 31, 2024 | -8.10 Mn |
| Dec 31, 2023 | -7.83 Mn |
| Sep 30, 2023 | -24.60 Mn |
| Jun 30, 2023 | 3.49 Mn |
| Dec 31, 2022 | 711,000.00 |
| Sep 30, 2022 | -28.03 Mn |
| Jun 30, 2022 | -258,000.00 |
| Mar 31, 2022 | -127,000.00 |
| Dec 31, 2021 | -69,000.00 |
| Sep 30, 2021 | -89.79 Mn |
| Jun 30, 2021 | 46.10 Mn |
| Mar 31, 2021 | -46.05 Mn |
| Dec 31, 2020 | -16,000.00 |
| Sep 30, 2020 | 121.46 Mn |
| Jun 30, 2020 | -15.49 Mn |
| Mar 31, 2020 | -98.91 Mn |
| Dec 31, 2019 | -7.97 Mn |
| Sep 30, 2019 | -44.54 Mn |
| Jun 30, 2019 | 149,000.00 |
| Mar 31, 2019 | -1.27 Mn |
| Dec 31, 2018 | 1.11 Mn |
| Sep 30, 2018 | -489.27 Mn |
| Jun 30, 2018 | -3.47 Mn |
| Mar 31, 2018 | 509.72 Mn |
| Dec 31, 2017 | -503.74 Mn |
| Sep 30, 2017 | 3.69 Mn |
| Jun 30, 2017 | -25.12 Mn |
| Mar 31, 2017 | -125,000.00 |
| Dec 31, 2016 | -2.55 Mn |
| Sep 30, 2016 | 60.81 Mn |
| Jun 30, 2016 | -93,000.00 |
| Mar 31, 2016 | -22.75 Mn |
| Dec 31, 2015 | 20.17 Mn |
| Sep 30, 2015 | 131.75 Mn |
| Jun 30, 2015 | -297,000.00 |
| Mar 31, 2015 | -298,000.00 |
| Dec 31, 2014 | 278,000.00 |
| Sep 30, 2014 | -482,000.00 |
| Jun 30, 2014 | 27.56 Mn |
| Mar 31, 2014 | -208,000.00 |
| Dec 31, 2013 | 1.32 Mn |
| Sep 30, 2013 | 13.74 Mn |
| Jun 30, 2013 | -4.31 Mn |
| Mar 31, 2013 | 8.49 Mn |
| Dec 31, 2012 | 11.64 Mn |
| Sep 30, 2012 | 196.05 Mn |
| Jun 30, 2012 | -99.82 Mn |
| Mar 31, 2012 | 100.26 Mn |
| Dec 31, 2011 | -113,000.00 |
| Sep 30, 2011 | 29.45 Mn |
| Jun 30, 2011 | 155.87 Mn |
| Mar 31, 2011 | -474,000.00 |
| Dec 31, 2010 | 231,000.00 |
| Sep 30, 2010 | 100.73 Mn |
| Jun 30, 2010 | -24.20 Mn |
| Mar 31, 2010 | 15.44 Mn |
| Dec 31, 2009 | 8.24 Mn |
| Sep 30, 2009 | -11,000.00 |
| Jun 30, 2009 | 1.30 Mn |
| Mar 31, 2009 | -21.20 Mn |