Helmerich & Payne (HP) Restructuring Costs (2024 - 2026)

Helmerich & Payne (HP) reported Restructuring Costs of $2.7 million for Q1 2026, down 90.83% year-over-year from $29.9 million in Q1 2025, and down 19.59% quarter-over-quarter from $3.4 million in Q4 2025.

Helmerich & Payne (HP) Restructuring Costs (2024 - 2026) Analysis & Trends

Helmerich & Payne (HP) has 3 years of Restructuring Costs data on file, last reported at $2.7 million in Q1 2026.

  • Restructuring Costs for Q1 2026 came in at $2.7 million, down 90.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $20.4 million (down 62.51% YoY), and the FY2025 annual result was $54.7 million, up 265.12% from the prior year.
  • Restructuring Costs slipped to $2.7 million in Q1 2026 per HP's latest filing, from $3.4 million in the prior quarter.
  • Over five years, Restructuring Costs peaked at $29.9 million in Q1 2025 and troughed at $900000.0 in Q1 2024.
  • A 3-year average of $8.4 million and a median of $6.7 million in 2024 frame the typical range for Restructuring Costs.
  • The sharpest annual moves came in 2025 and 2026: Restructuring Costs soared 3218.56% in 2025, then sank 90.83% in 2026.
  • A 3-year view of Restructuring Costs shows it stood at $10.5 million in 2024, then tumbled by 67.68% to $3.4 million in 2025, then fell by 19.59% to $2.7 million in 2026.
  • Business Quant data shows HP's Restructuring Costs at $2.7 million in Q1 2026, $3.4 million in Q4 2025, and $5.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn -
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.74 Mn
Dec 31, 2025 3.41 Mn
Sep 30, 2025 5.68 Mn
Jun 30, 2025 8.62 Mn
Mar 31, 2025 29.87 Mn
Dec 31, 2024 10.54 Mn
Sep 30, 2024 7.45 Mn
Jun 30, 2024 6.68 Mn
Mar 31, 2024 900,000.00