Helmerich & Payne (HP) Profit After Tax (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Profit After Tax of -$55.9 million for Q1 2026, down 1970.76% year-over-year from $3.0 million in Q1 2025, and up 41.16% quarter-over-quarter from -$94.9 million in Q4 2025.
Helmerich & Payne (HP) Profit After Tax (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Profit After Tax for 18 consecutive years, with -$55.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Profit After Tax fell 1970.76% year-over-year to -$55.9 million; the TTM figure through Mar 2026 stood at -$367.2 million (down 265.45% YoY), while the FY2025 annual figure was -$159.9 million, down 146.47% from the prior year.
- Profit After Tax climbed to -$55.9 million in Q1 2026 per HP's latest filing, from -$94.9 million in the prior quarter.
- Across five years, Profit After Tax topped out at $164.0 million in Q1 2023 and bottomed at -$162.8 million in Q2 2025.
- Historically, Profit After Tax has averaged $31.0 million across 5 years, with a median of $54.8 million in 2024.
- Annual changes were most pronounced in 2023 — Profit After Tax surged 3396.62% — and 2026, when it tumbled 1970.76%.
- Helmerich & Payne's Profit After Tax stood at $97.1 million in 2022, then decreased by 2.03% to $95.2 million in 2023, then tumbled by 42.45% to $54.8 million in 2024, then sank by 273.32% to -$94.9 million in 2025, then jumped by 41.16% to -$55.9 million in 2026.
- Business Quant data shows HP's Profit After Tax at -$55.9 million in Q1 2026, -$94.9 million in Q4 2025, and -$53.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | -36.68 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 170.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | -19.60 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 78.16 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 29.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | -241.40 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | -22.33 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | -645,572.27 |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 50.40 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | -64.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 78.16 Mn |
| Mar 31, 2026 | -55.86 Mn |
| Dec 31, 2025 | -94.93 Mn |
| Sep 30, 2025 | -53.62 Mn |
| Jun 30, 2025 | -162.76 Mn |
| Mar 31, 2025 | 2.99 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 | 95.17 Mn |
| Sep 30, 2023 | 77.62 Mn |
| Jun 30, 2023 | 95.29 Mn |
| Mar 31, 2023 | 164.04 Mn |
| Dec 31, 2022 | 97.15 Mn |
| Sep 30, 2022 | 45.43 Mn |
| Jun 30, 2022 | 17.48 Mn |
| Mar 31, 2022 | -4.98 Mn |
| Dec 31, 2021 | -51.36 Mn |
| Sep 30, 2021 | -79.16 Mn |