Helmerich & Payne (HP) Net Income (2009 - 2026)
Helmerich & Payne (HP) reported Net Income of -$55.9 million for Q1 2026, down 1994.88% year-over-year from $2.9 million in Q1 2025, and up 41.16% on a QoQ basis from -$94.9 million in Q4 2025.
Helmerich & Payne (HP) has 18 years of Net Income data on file, last reported at -$55.9 million in Q1 2026.
- Quarterly Net Income fell 1994.88% year-over-year to -$55.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$368.5 million (down 266.08% YoY) and the FY2025 annual result came in at -$159.9 million, down 146.47% from the prior year.
- Net Income grew to -$55.9 million in Q1 2026 per HP's latest filing, from -$94.9 million in the prior quarter.
- Across five years, Net Income topped out at $95.2 million in Q4 2023 and bottomed at -$161.9 million in Q2 2025.
- The 5-year median for Net Income is $507000.0 (2022), against an average of $6.6 million.
- The widest annual swing landed in 2024, when Net Income surged 682092.31%; it then slumped 1994.88% in 2026.
- Tracing HP's Net Income over 5 years: stood at $718000.0 in 2022, then soared by 13152.51% to $95.2 million in 2023, then slumped by 42.44% to $54.8 million in 2024, then sank by 273.32% to -$94.9 million in 2025, then soared by 41.16% to -$55.9 million in 2026.
- Per Business Quant, the three latest HP Net Income figures stand at -$55.9 million (Q1 2026), -$94.9 million (Q4 2025), and -$55.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 19.73 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 120.73 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 71.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -24.48 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -55.86 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | -7.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -197.03 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 9.32 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 23.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -55.86 Mn |
| Dec 31, 2025 | -94.93 Mn |
| Sep 30, 2025 | -55.81 Mn |
| Jun 30, 2025 | -161.91 Mn |
| Mar 31, 2025 | 2.95 Mn |
| Dec 31, 2024 | 54.77 Mn |
| Sep 30, 2024 | 75.48 Mn |
| Jun 30, 2024 | 88.69 Mn |
| Mar 31, 2024 | 84.83 Mn |
| Dec 31, 2023 | 95.15 Mn |
| Sep 30, 2023 | 77.62 Mn |
| Jun 30, 2023 | 13,000.00 |
| Mar 31, 2023 | 139,000.00 |
| Dec 31, 2022 | 718,000.00 |
| Sep 30, 2022 | 507,000.00 |
| Jun 30, 2022 | 277,000.00 |
| Mar 31, 2022 | -352,000.00 |
| Dec 31, 2021 | -31,000.00 |
| Sep 30, 2021 | 373,000.00 |
| Jun 30, 2021 | 1.15 Mn |
| Mar 31, 2021 | 2.29 Mn |
| Dec 31, 2020 | 7.49 Mn |
| Sep 30, 2020 | -20.78 Mn |
| Jun 30, 2020 | 9.15 Mn |
| Mar 31, 2020 | -72,000.00 |
| Dec 31, 2019 | -124,000.00 |
| Sep 30, 2019 | -713,000.00 |
| Jun 30, 2019 | 7.24 Mn |
| Mar 31, 2019 | -10.97 Mn |
| Dec 31, 2018 | 12.67 Mn |
| Sep 30, 2018 | -19.47 Mn |
| Jun 30, 2018 | 166,000.00 |
| Mar 31, 2018 | -10.25 Mn |
| Dec 31, 2017 | -536,000.00 |
| Sep 30, 2017 | 580,000.00 |
| Jun 30, 2017 | 3.22 Mn |
| Mar 31, 2017 | -94,000.00 |
| Dec 31, 2016 | -424,000.00 |
| Sep 30, 2016 | 6.23 Mn |
| Jun 30, 2016 | -7,000.00 |
| Mar 31, 2016 | -56,000.00 |
| Dec 31, 2015 | 104,000.00 |
| Sep 30, 2015 | -83,000.00 |
| Jun 30, 2015 | -27,000.00 |
| Mar 31, 2015 | 1,000.00 |
| Dec 31, 2014 | -15,000.00 |
| Sep 30, 2014 | -17,000.00 |
| Jun 30, 2014 | -11,000.00 |
| Mar 31, 2014 | -19,000.00 |
| Dec 31, 2013 | 173.18 Mn |
| Sep 30, 2013 | -485,000.00 |
| Jun 30, 2013 | 15.18 Mn |
| Mar 31, 2013 | 13,000.00 |
| Dec 31, 2012 | -8,000.00 |
| Sep 30, 2012 | 7.51 Mn |
| Jun 30, 2012 | -18,000.00 |
| Mar 31, 2012 | -44,000.00 |
| Dec 31, 2011 | -11,000.00 |
| Sep 30, 2011 | -89,000.00 |
| Jun 30, 2011 | -2,000.00 |
| Mar 31, 2011 | -176,000.00 |
| Dec 31, 2010 | -215,000.00 |
| Sep 30, 2010 | 3.58 Mn |
| Jun 30, 2010 | -101.60 Mn |
| Mar 31, 2010 | -27.36 Mn |
| Dec 31, 2009 | -567,000.00 |
| Sep 30, 2009 | -8.55 Mn |
| Jun 30, 2009 | -13.72 Mn |
| Mar 31, 2009 | 99.52 Mn |