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% quarter-over-quarter from $949.9 million in Q4 2025.

Helmerich & Payne (HP) Gross Profit (2009 - 2026) Analysis & Trends

Helmerich & Payne (HP) has 18 years of Gross Profit data on file, last reported at $907.6 million in Q1 2026.

  • Gross Profit for Q1 2026 came in at $907.6 million, down 10.05% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.0 billion (up 242.0% YoY), and the FY2025 annual result was $3.7 billion, up 225.99% from the prior year.
  • Gross Profit slipped to $907.6 million in Q1 2026 per HP's latest filing, from $949.9 million in the prior quarter.
  • Over five years, Gross Profit peaked at $2.8 billion in Q3 2025 and troughed at -$927.6 million in Q3 2024.
  • A 5-year average of $632.6 million and a median of $673.5 million in 2024 frame the typical range for Gross Profit.
  • The sharpest annual moves came in 2022 and 2024: Gross Profit jumped 563.73% in 2022, then slumped 242.99% in 2024.
  • A 5-year view of Gross Profit shows it stood at $716.0 million in 2022, then dropped by 5.95% to $673.4 million in 2023, then rose by 0.0% to $673.5 million in 2024, then soared by 41.04% to $949.9 million in 2025, then fell by 4.45% to $907.6 million in 2026.
  • Business Quant data shows HP's Gross Profit at $907.6 million in Q1 2026, $949.9 million in Q4 2025, and $2.8 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn -
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn

Historic Data

Download Data
DateValue
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