Helmerich & Payne (HP) Other Operating Expenses (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Other Operating Expenses of $1.3 million for Q1 2026, up 47.62% year-over-year from $884000.0 in Q1 2025, and up 167.76% quarter-over-quarter from -$1.9 million in Q4 2025.
Helmerich & Payne (HP) Other Operating Expenses (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Other Operating Expenses for 18 consecutive years, with $1.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Other Operating Expenses rose 47.62% year-over-year to $1.3 million; the TTM figure through Mar 2026 stood at -$12.8 million (down 116.33% YoY), while the FY2025 annual figure was -$1.5 million, up 70.81% from the prior year.
- Other Operating Expenses grew to $1.3 million in Q1 2026 per HP's latest filing, from -$1.9 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $9.4 million in Q3 2023 and bottomed at -$10.9 million in Q3 2025.
- Historically, Other Operating Expenses has averaged $876764.7 across 5 years, with a median of $2.2 million in 2022.
- Annual changes were most pronounced in 2022 — Other Operating Expenses surged 136.32% — and 2025, when it sank 349.48%.
- Helmerich & Payne's Other Operating Expenses stood at $2.4 million in 2022, then increased by 8.53% to $2.6 million in 2023, then sank by 164.79% to -$1.7 million in 2024, then decreased by 15.12% to -$1.9 million in 2025, then jumped by 167.76% to $1.3 million in 2026.
- Business Quant data shows HP's Other Operating Expenses at $1.3 million in Q1 2026, -$1.9 million in Q4 2025, and -$10.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 120.04 Mn |
| Mar 31, 2026 | 1.31 Mn |
| Dec 31, 2025 | -1.93 Mn |
| Sep 30, 2025 | -10.88 Mn |
| Jun 30, 2025 | -1.35 Mn |
| Mar 31, 2025 | 884,000.00 |
| Dec 31, 2024 | -1.67 Mn |
| Sep 30, 2024 | -2.42 Mn |
| Jun 30, 2024 | -2.73 Mn |
| Mar 31, 2024 | 2.81 Mn |
| Dec 31, 2023 | 2.58 Mn |
| Sep 30, 2023 | 9.35 Mn |
| Jun 30, 2023 | 2.39 Mn |
| Mar 31, 2023 | 2.54 Mn |
| Dec 31, 2022 | 2.38 Mn |
| Sep 30, 2022 | 6.34 Mn |
| Jun 30, 2022 | 3.08 Mn |
| Mar 31, 2022 | 2.23 Mn |
| Dec 31, 2021 | 2.25 Mn |
| Sep 30, 2021 | -17.46 Mn |