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

Helmerich & Payne (HP) has reported Research & Development for 18 consecutive years, with $5.9 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Research & Development fell 24.02% year-over-year to $5.9 million in Q2 2026; TTM through Jun 2026 was $27.1 million, a 23.35% decrease from a year earlier, with the FY2025 full-year figure at $34.1 million, down 16.68% from the prior year.
• Research & Development was $5.9 million for Q2 2026 at Helmerich & Payne, down from $7.0 million in the prior quarter.
• Over five years, Research & Development peaked at $12.9 million in Q1 2024 and troughed at $5.9 million in Q2 2026.
• A 5-year average of $8.0 million and a median of $7.5 million in 2023 frame the typical range for Research & Development.
• Across the five-year window, Research & Development soared 48.98% in 2024 and dropped 28.99% in 2025, its largest moves.
• Over 5 years, Research & Development stood at $6.9 million in 2022, then gained by 24.16% to $8.6 million in 2023, then increased by 8.72% to $9.4 million in 2024, then decreased by 28.99% to $6.6 million in 2025, then dropped by 11.09% to $5.9 million in 2026.
• The last three Research & Development figures came in at $5.9 million (Q2 2026), $7.0 million (Q1 2026), and $6.6 million (Q4 2025), per Business Quant data.