Helmerich & Payne (HP) Revenue (2009 - 2026)
Helmerich & Payne (HP) reported Revenue of $932.4 million for Q1 2026, down 7.91% year-over-year from $1.0 billion in Q1 2025, and down 4.97% quarter-over-quarter from $981.1 million in Q4 2025.
Helmerich & Payne (HP) Revenue (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has 18 years of Revenue data on file, last reported at $932.4 million in Q1 2026.
- Revenue for Q1 2026 came in at $932.4 million, down 7.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.0 billion (up 28.73% YoY), and the FY2025 annual result was $3.7 billion, up 35.89% from the prior year.
- Revenue retreated to $932.4 million in Q1 2026 per HP's latest filing, from $981.1 million in the prior quarter.
- Over five years, Revenue peaked at $1.0 billion in Q2 2025 and troughed at $467.6 million in Q1 2022.
- A 5-year average of $759.7 million and a median of $697.7 million in 2024 frame the typical range for Revenue.
- The sharpest annual moves came in 2022 and 2024: Revenue jumped 85.61% in 2022, then fell 10.27% in 2024.
- A 5-year view of Revenue shows it stood at $717.2 million in 2022, then declined by 5.94% to $674.6 million in 2023, then advanced by 0.01% to $674.6 million in 2024, then surged by 45.44% to $981.1 million in 2025, then slipped by 4.97% to $932.4 million in 2026.
- Business Quant data shows HP's Revenue at $932.4 million in Q1 2026, $981.1 million in Q4 2025, and $1.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 383.60 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 785.69 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 1.08 Bn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 1.12 Bn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 932.36 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 358.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 1.27 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 783.55 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 247.00 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 465.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 932.36 Mn |
| Dec 31, 2025 | 981.13 Mn |
| Sep 30, 2025 | 1.01 Bn |
| Jun 30, 2025 | 1.04 Bn |
| Mar 31, 2025 | 1.01 Bn |
| Dec 31, 2024 | 674.61 Mn |
| Sep 30, 2024 | 693.79 Mn |
| Jun 30, 2024 | 697.72 Mn |
| Mar 31, 2024 | 687.94 Mn |
| Dec 31, 2023 | 674.57 Mn |
| Sep 30, 2023 | 649.86 Mn |
| Jun 30, 2023 | 721.57 Mn |
| Mar 31, 2023 | 766.68 Mn |
| Dec 31, 2022 | 717.17 Mn |
| Sep 30, 2022 | 638.13 Mn |
| Jun 30, 2022 | 550.23 Mn |
| Mar 31, 2022 | 467.60 Mn |
| Dec 31, 2021 | 407.53 Mn |
| Sep 30, 2021 | 343.81 Mn |
| Jun 30, 2021 | 332.21 Mn |