Helmerich & Payne (HP) Revenue (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Revenue of $906.4 million for Q1 2026, down 10.79% year-over-year from $1.0 billion in Q1 2025, and down 7.61% quarter-over-quarter from $981.1 million in Q4 2025.
Helmerich & Payne (HP) Revenue (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Revenue for 18 consecutive years, with $906.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Revenue fell 10.79% year-over-year to $906.4 million; the TTM figure through Mar 2026 stood at $3.9 billion (up 28.18% YoY), while the FY2025 annual figure was $3.7 billion, up 36.41% from the prior year.
- Revenue retreated to $906.4 million in Q1 2026 per HP's latest filing, from $981.1 million in the prior quarter.
- Across five years, Revenue topped out at $1.0 billion in Q2 2025 and bottomed at $467.6 million in Q1 2022.
- Historically, Revenue has averaged $757.6 million across 5 years, with a median of $697.7 million in 2024.
- Annual changes were most pronounced in 2022 — Revenue surged 77.79% — and 2026, when it declined 10.79%.
- Helmerich & Payne's Revenue stood at $719.6 million in 2022, then retreated by 6.26% to $674.6 million in 2023, then climbed by 0.01% to $674.6 million in 2024, then soared by 45.44% to $981.1 million in 2025, then fell by 7.61% to $906.4 million in 2026.
- Business Quant data shows HP's Revenue at $906.4 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 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 719.69 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 966.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 1.23 Bn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 1.03 Bn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 449.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 232.30 Mn |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 816.93 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 327.34 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 539.20 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | 137.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.03 Bn |
| Mar 31, 2026 | 906.43 Mn |
| Dec 31, 2025 | 981.13 Mn |
| Sep 30, 2025 | 1.01 Bn |
| Jun 30, 2025 | 1.04 Bn |
| Mar 31, 2025 | 1.02 Bn |
| Dec 31, 2024 | 674.61 Mn |
| Sep 30, 2024 | 683.31 Mn |
| Jun 30, 2024 | 697.72 Mn |
| Mar 31, 2024 | 687.94 Mn |
| Dec 31, 2023 | 674.57 Mn |
| Sep 30, 2023 | 659.61 Mn |
| Jun 30, 2023 | 721.57 Mn |
| Mar 31, 2023 | 769.22 Mn |
| Dec 31, 2022 | 719.64 Mn |
| Sep 30, 2022 | 622.23 Mn |
| Jun 30, 2022 | 547.91 Mn |
| Mar 31, 2022 | 467.60 Mn |
| Dec 31, 2021 | 409.78 Mn |
| Sep 30, 2021 | 349.99 Mn |