Helmerich & Payne (HP) Gross Profit (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Gross Profit of $881.6 million for Q1 2026, up 180.43% year-over-year from $314.4 million in Q1 2025, and up 195.51% quarter-over-quarter from $298.3 million in Q4 2025.
Helmerich & Payne (HP) Gross Profit (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Gross Profit for 18 consecutive years, with $881.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Profit rose 180.43% year-over-year to $881.6 million; the TTM figure through Mar 2026 stood at $3.2 billion (changed 0.35% YoY), while the FY2025 annual figure was $3.7 billion, up 34.59% from the prior year.
- Gross Profit grew to $881.6 million in Q1 2026 per HP's latest filing, from $298.3 million in the prior quarter.
- Across five years, Gross Profit topped out at $1.9 billion in Q3 2024 and bottomed at $127.8 million in Q1 2022.
- Historically, Gross Profit has averaged $554.9 million across 5 years, with a median of $298.3 million in 2025.
- Annual changes were most pronounced in 2022 — Gross Profit jumped 658.62% — and 2024, when it sank 62.68%.
- Helmerich & Payne's Gross Profit stood at $291.4 million in 2022, then slipped by 6.91% to $271.3 million in 2023, then surged by 148.27% to $673.5 million in 2024, then tumbled by 55.7% to $298.3 million in 2025, then jumped by 195.51% to $881.6 million in 2026.
- Business Quant data shows HP's Gross Profit at $881.6 million in Q1 2026, $298.3 million in Q4 2025, and $991.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 349.94 Mn |
| Jun 30, 2026 | 349.94 Mn |
| Mar 31, 2026 | 881.63 Mn |
| Mar 31, 2026 | 881.63 Mn |
| Dec 31, 2025 | 298.35 Mn |
| Dec 31, 2025 | 298.35 Mn |
| Sep 30, 2025 | 991.43 Mn |
| Sep 30, 2025 | 991.43 Mn |
| Jun 30, 2025 | 1.01 Bn |
| Jun 30, 2025 | 1.01 Bn |
| Mar 31, 2025 | 314.38 Mn |
| Mar 31, 2025 | 314.38 Mn |
| Dec 31, 2024 | 673.46 Mn |
| Dec 31, 2024 | 673.46 Mn |
| Sep 30, 2024 | 1.90 Bn |
| Sep 30, 2024 | 1.90 Bn |
| Jun 30, 2024 | 282.84 Mn |
| Jun 30, 2024 | 282.84 Mn |
| Mar 31, 2024 | 286.64 Mn |
| Mar 31, 2024 | 286.64 Mn |