Helmerich & Payne (HP) Gross Margin (2009 - 2026)

Helmerich & Payne (HP) has reported Gross Margin for 18 consecutive years, with 33.82% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin rose 147.0% year-over-year to 33.82% in Q2 2026; TTM through Jun 2026 was 31.84%, a 328.0% decrease from a year earlier, with the FY2025 full-year figure at 32.96%, down 810.0% from the prior year.
• Gross Margin was 33.82% for Q2 2026 at Helmerich & Payne, up from 29.09% in the prior quarter.
• Over five years, Gross Margin peaked at 41.67% in Q1 2024 and troughed at 27.34% in Q1 2022.
• A 5-year average of 36.08% and a median of 36.98% in 2022 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin soared 1428 bps in 2023 and tumbled 1072 bps in 2025, its largest moves.
• Over 5 years, Gross Margin stood at 40.49% in 2022, then retreated by 0 bps to 40.44% in 2023, then decreased by 3 bps to 39.33% in 2024, then slipped by 16 bps to 32.87% in 2025, then gained by 3 bps to 33.82% in 2026.
• The last three Gross Margin figures came in at 33.82% (Q2 2026), 29.09% (Q1 2026), and 32.87% (Q4 2025), per Business Quant data.