Helmerich & Payne (HP) Research & Development (2009 - 2026)

Helmerich & Payne (HP) has 18 years of Research & Development data on file, last reported at $7.0 million in Q1 2026.

• Research & Development for Q1 2026 came in at $7.0 million, down 25.53% year-over-year; the trailing twelve-month figure through Mar 2026 was $29.0 million (down 24.04% YoY), and the FY2025 annual result was $34.1 million, down 16.68% from the prior year.
• Research & Development rose to $7.0 million in Q1 2026 per HP's latest filing, from $6.6 million in the prior quarter.
• Over five years, Research & Development peaked at $12.9 million in Q1 2024 and troughed at $6.4 million in Q1 2022.
• A 5-year average of $8.2 million and a median of $7.6 million in 2025 frame the typical range for Research & Development.
• The sharpest annual moves came in 2024 and 2025: Research & Development jumped 48.98% in 2024, then declined 28.99% in 2025.
• A 5-year view of Research & Development shows it stood at $6.9 million in 2022, then advanced by 24.16% to $8.6 million in 2023, then rose by 8.72% to $9.4 million in 2024, then slipped by 28.99% to $6.6 million in 2025, then grew by 5.57% to $7.0 million in 2026.
• Business Quant data shows HP's Research & Development at $7.0 million in Q1 2026, $6.6 million in Q4 2025, and $7.6 million in Q3 2025.