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| 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 |