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

Helmerich & Payne (HP) has reported Operating Expenses for 18 consecutive years, with $846.6 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses fell 27.59% year-over-year to $846.6 million in Q2 2026; TTM through Jun 2026 was $3.9 billion, a 17.81% increase from a year earlier, with the FY2025 full-year figure at $3.7 billion, up 62.79% from the prior year.
• Operating Expenses was $846.6 million for Q2 2026 at Helmerich & Payne, down from $969.3 million 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 $711.2 million and a median of $585.2 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses jumped 100.11% in 2025 and dropped 27.59% in 2026, its largest moves.
• Over 5 years, Operating Expenses stood at $575.4 million in 2022, then dropped by 3.78% to $553.7 million in 2023, then climbed by 5.91% to $586.4 million in 2024, then jumped by 83.65% to $1.1 billion in 2025, then slipped by 21.38% to $846.6 million in 2026.
• The last three Operating Expenses figures came in at $846.6 million (Q2 2026), $969.3 million (Q1 2026), and $1.1 billion (Q4 2025), per Business Quant data.