Helmerich & Payne (HP) Profit After Tax (2009 - 2026)
Helmerich & Payne (HP) reported Profit After Tax of -$58.6 million for Q1 2026, down 2062.79% year-over-year from $3.0 million in Q1 2025, and up 38.26% quarter-over-quarter from -$94.9 million in Q4 2025.
Helmerich & Payne (HP) Profit After Tax (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has 18 years of Profit After Tax data on file, last reported at -$58.6 million in Q1 2026.
- Profit After Tax for Q1 2026 came in at -$58.6 million, down 2062.79% year-over-year; the trailing twelve-month figure through Mar 2026 was -$375.0 million (down 268.98% YoY), and the FY2025 annual result was -$163.7 million, down 147.56% from the prior year.
- Profit After Tax climbed to -$58.6 million in Q1 2026 per HP's latest filing, from -$94.9 million in the prior quarter.
- Over five years, Profit After Tax peaked at $164.0 million in Q1 2023 and troughed at -$161.9 million in Q2 2025.
- A 5-year average of $30.5 million and a median of $54.8 million in 2024 frame the typical range for Profit After Tax.
- The sharpest annual moves came in 2023 and 2026: Profit After Tax surged 3396.62% in 2023, then plunged 2062.79% in 2026.
- A 5-year view of Profit After Tax shows it stood at $97.1 million in 2022, then retreated by 2.03% to $95.2 million in 2023, then slumped by 42.45% to $54.8 million in 2024, then plunged by 273.32% to -$94.9 million in 2025, then jumped by 38.26% to -$58.6 million in 2026.
- Business Quant data shows HP's Profit After Tax at -$58.6 million in Q1 2026, -$94.9 million in Q4 2025, and -$59.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 13.01 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 120.73 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 71.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -24.63 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -58.61 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | -7.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -197.03 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 4.26 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -29.00 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | -16.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -58.61 Mn |
| Dec 31, 2025 | -94.93 Mn |
| Sep 30, 2025 | -59.55 Mn |
| Jun 30, 2025 | -161.90 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 | -68.23 Mn |
| Jun 30, 2021 | -56.71 Mn |