Helmerich & Payne (HP) Gross Profit (2009 - 2026)
Helmerich & Payne (HP) reported Gross Profit of $907.6 million for Q1 2026, down 10.05% year-over-year from $1.0 billion in Q1 2025, and down 4.45% on a QoQ basis from $949.9 million in Q4 2025.
Helmerich & Payne (HP) has 18 years of Gross Profit data on file, last reported at $907.6 million in Q1 2026.
- Quarterly Gross Profit fell 10.05% year-over-year to $907.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.0 billion (up 242.0% YoY) and the FY2025 annual result came in at $3.7 billion, up 225.99% from the prior year.
- Gross Profit eased to $907.6 million in Q1 2026 per HP's latest filing, from $949.9 million in the prior quarter.
- Across five years, Gross Profit topped out at $2.8 billion in Q3 2025 and bottomed at -$927.6 million in Q3 2024.
- The 5-year median for Gross Profit is $673.5 million (2024), against an average of $632.6 million.
- The widest annual swing landed in 2022, when Gross Profit surged 563.73%; it then plunged 242.99% in 2024.
- Tracing HP's Gross Profit over 5 years: stood at $716.0 million in 2022, then decreased by 5.95% to $673.4 million in 2023, then grew by 0.0% to $673.5 million in 2024, then jumped by 41.04% to $949.9 million in 2025, then dropped by 4.45% to $907.6 million in 2026.
- Per Business Quant, the three latest HP Gross Profit figures stand at $907.6 million (Q1 2026), $949.9 million (Q4 2025), and $2.8 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 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 |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 907.56 Mn |
| Mar 31, 2026 | 907.56 Mn |
| Dec 31, 2025 | 949.87 Mn |
| Dec 31, 2025 | 949.87 Mn |
| Sep 30, 2025 | 2.77 Bn |
| Sep 30, 2025 | 2.77 Bn |
| Jun 30, 2025 | 333.65 Mn |
| Jun 30, 2025 | 333.65 Mn |
| Mar 31, 2025 | 1.01 Bn |
| Mar 31, 2025 | 1.01 Bn |
| Dec 31, 2024 | 673.46 Mn |
| Dec 31, 2024 | 673.46 Mn |
| Sep 30, 2024 | -927.58 Mn |
| Sep 30, 2024 | -927.58 Mn |
| Jun 30, 2024 | 696.58 Mn |
| Jun 30, 2024 | 696.58 Mn |
| Mar 31, 2024 | 286.64 Mn |
| Mar 31, 2024 | 286.64 Mn |
| Dec 31, 2023 | 673.43 Mn |
| Dec 31, 2023 | 673.43 Mn |
| Sep 30, 2023 | 648.70 Mn |
| Sep 30, 2023 | 648.70 Mn |
| Jun 30, 2023 | 720.56 Mn |
| Jun 30, 2023 | 720.56 Mn |
| Mar 31, 2023 | 765.49 Mn |
| Mar 31, 2023 | 765.49 Mn |
| Dec 31, 2022 | 716.04 Mn |
| Dec 31, 2022 | 716.04 Mn |
| Sep 30, 2022 | 227.17 Mn |
| Sep 30, 2022 | 227.17 Mn |
| Jun 30, 2022 | 174.02 Mn |
| Jun 30, 2022 | 174.02 Mn |
| Mar 31, 2022 | 127.84 Mn |
| Mar 31, 2022 | 127.84 Mn |
| Dec 31, 2021 | 107.88 Mn |
| Dec 31, 2021 | 107.88 Mn |
| Sep 30, 2021 | 75.68 Mn |
| Sep 30, 2021 | 75.68 Mn |
| Jun 30, 2021 | 330.73 Mn |
| Jun 30, 2021 | 330.73 Mn |
| Mar 31, 2021 | 63.71 Mn |
| Mar 31, 2021 | 63.71 Mn |
| Dec 31, 2020 | 245.02 Mn |
| Dec 31, 2020 | 245.02 Mn |
| Sep 30, 2020 | 1.22 Bn |
| Sep 30, 2020 | 1.22 Bn |
| Jun 30, 2020 | 109.21 Mn |
| Jun 30, 2020 | 109.21 Mn |
| Mar 31, 2020 | 212.55 Mn |
| Mar 31, 2020 | 212.55 Mn |
| Dec 31, 2019 | 215.33 Mn |
| Dec 31, 2019 | 215.33 Mn |
| Sep 30, 2019 | -1.15 Bn |
| Sep 30, 2019 | -1.15 Bn |
| Jun 30, 2019 | 686.56 Mn |
| Jun 30, 2019 | 686.56 Mn |
| Mar 31, 2019 | 279.15 Mn |
| Mar 31, 2019 | 279.15 Mn |
| Dec 31, 2018 | 253.01 Mn |
| Dec 31, 2018 | 253.01 Mn |
| Sep 30, 2018 | -947.00 Mn |
| Sep 30, 2018 | -947.00 Mn |
| Jun 30, 2018 | 647.45 Mn |
| Jun 30, 2018 | 647.45 Mn |
| Mar 31, 2018 | 576.35 Mn |
| Mar 31, 2018 | 576.35 Mn |
| Dec 31, 2017 | 562.92 Mn |
| Dec 31, 2017 | 562.92 Mn |
| Sep 30, 2017 | 169.54 Mn |
| Sep 30, 2017 | 169.54 Mn |
| Jun 30, 2017 | 161.10 Mn |
| Jun 30, 2017 | 161.10 Mn |
| Mar 31, 2017 | 108.45 Mn |
| Mar 31, 2017 | 108.45 Mn |
| Dec 31, 2016 | 120.91 Mn |
| Dec 31, 2016 | 120.91 Mn |
| Sep 30, 2016 | 1.01 Bn |
| Sep 30, 2016 | 1.01 Bn |
| Jun 30, 2016 | 180.34 Mn |
| Jun 30, 2016 | 180.34 Mn |
| Mar 31, 2016 | 216.58 Mn |
| Mar 31, 2016 | 216.58 Mn |
| Dec 31, 2015 | 211.20 Mn |
| Dec 31, 2015 | 211.20 Mn |
| Sep 30, 2015 | 227.53 Mn |
| Sep 30, 2015 | 227.53 Mn |
| Jun 30, 2015 | 310.81 Mn |
| Jun 30, 2015 | 310.81 Mn |
| Mar 31, 2015 | 418.57 Mn |
| Mar 31, 2015 | 418.57 Mn |
| Dec 31, 2014 | 501.32 Mn |
| Dec 31, 2014 | 501.32 Mn |
| Sep 30, 2014 | 447.78 Mn |
| Sep 30, 2014 | 447.78 Mn |
| Jun 30, 2014 | 436.85 Mn |
| Jun 30, 2014 | 436.85 Mn |
| Mar 31, 2014 | 413.26 Mn |
| Mar 31, 2014 | 413.26 Mn |
| Dec 31, 2013 | 415.10 Mn |
| Dec 31, 2013 | 415.10 Mn |
| Sep 30, 2013 | 391.37 Mn |
| Sep 30, 2013 | 391.37 Mn |
| Jun 30, 2013 | 389.21 Mn |
| Jun 30, 2013 | 389.21 Mn |
| Mar 31, 2013 | 376.57 Mn |
| Mar 31, 2013 | 376.57 Mn |
| Dec 31, 2012 | 377.70 Mn |
| Dec 31, 2012 | 377.70 Mn |
| Sep 30, 2012 | 382.11 Mn |
| Sep 30, 2012 | 382.11 Mn |
| Jun 30, 2012 | 355.85 Mn |
| Jun 30, 2012 | 355.85 Mn |
| Mar 31, 2012 | 321.77 Mn |
| Mar 31, 2012 | 321.77 Mn |
| Dec 31, 2011 | 341.56 Mn |
| Dec 31, 2011 | 341.56 Mn |
| Sep 30, 2011 | 303.82 Mn |
| Sep 30, 2011 | 303.82 Mn |
| Jun 30, 2011 | 278.51 Mn |
| Jun 30, 2011 | 278.51 Mn |
| Mar 31, 2011 | 264.37 Mn |
| Mar 31, 2011 | 264.37 Mn |
| Dec 31, 2010 | 264.60 Mn |
| Dec 31, 2010 | 264.60 Mn |
| Sep 30, 2010 | 229.76 Mn |
| Sep 30, 2010 | 229.76 Mn |
| Jun 30, 2010 | 197.80 Mn |
| Jun 30, 2010 | 197.80 Mn |
| Mar 31, 2010 | 188.10 Mn |
| Mar 31, 2010 | 188.10 Mn |
| Dec 31, 2009 | 187.54 Mn |
| Dec 31, 2009 | 187.54 Mn |
| Sep 30, 2009 | -187.93 Mn |
| Sep 30, 2009 | -187.93 Mn |
| Jun 30, 2009 | -202.01 Mn |
| Jun 30, 2009 | -202.01 Mn |
| Mar 31, 2009 | -260.67 Mn |
| Mar 31, 2009 | -260.67 Mn |