Helmerich & Payne (HP) Operating Expenses (2009 - 2026)

Helmerich & Payne (HP) has 18 years of Operating Expenses data on file, last reported at $969.3 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $969.3 million, changed 0.47% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.2 billion (up 54.85% YoY), and the FY2025 annual result was $3.7 billion, up 62.79% from the prior year.
• Operating Expenses fell to $969.3 million in Q1 2026 per HP's latest filing, from $1.1 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $1.2 billion in Q2 2025 and troughed at $490.2 million in Q1 2022.
• A 5-year average of $703.2 million and a median of $584.3 million in 2024 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2023 and 2025: Operating Expenses retreated 3.78% in 2023, then surged 100.11% in 2025.
• A 5-year view of Operating Expenses shows it stood at $575.4 million in 2022, then declined by 3.78% to $553.7 million in 2023, then grew by 5.91% to $586.4 million in 2024, then surged by 83.65% to $1.1 billion in 2025, then retreated by 10.0% to $969.3 million in 2026.
• Business Quant data shows HP's Operating Expenses at $969.3 million in Q1 2026, $1.1 billion in Q4 2025, and $1.0 billion in Q3 2025.