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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% on a QoQ basis from $3.4 million in Q4 2025.

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

  • Quarterly Restructuring Costs fell 90.83% year-over-year to $2.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $20.4 million (down 62.51% YoY) and the FY2025 annual result came in at $54.7 million, up 265.12% from the prior year.
  • Restructuring Costs eased to $2.7 million in Q1 2026 per HP's latest filing, from $3.4 million in the prior quarter.
  • Across five years, Restructuring Costs topped out at $29.9 million in Q1 2025 and bottomed at $900000.0 in Q1 2024.
  • The 3-year median for Restructuring Costs is $6.7 million (2024), against an average of $8.4 million.
  • The widest annual swing landed in 2025, when Restructuring Costs jumped 3218.56%; it then tumbled 90.83% in 2026.
  • Tracing HP's Restructuring Costs over 3 years: stood at $10.5 million in 2024, then sank by 67.68% to $3.4 million in 2025, then dropped by 19.59% to $2.7 million in 2026.
  • Per Business Quant, the three latest HP Restructuring Costs figures stand at $2.7 million (Q1 2026), $3.4 million (Q4 2025), and $5.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn -

Historic Data

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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