Helmerich & Payne (HP) Tax Provisions (2009 - 2026)
Helmerich & Payne (HP) reported Tax Provisions of $9.3 million for Q1 2026, down 77.6% year-over-year from $41.5 million in Q1 2025, and down 16.98% on a QoQ basis from $11.2 million in Q4 2025.
Helmerich & Payne (HP) has 18 years of Tax Provisions data on file, last reported at $9.3 million in Q1 2026.
- Quarterly Tax Provisions fell 77.6% year-over-year to $9.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $43.2 million (down 68.61% YoY) and the FY2025 annual result came in at $85.8 million, down 37.28% from the prior year.
- Tax Provisions declined to $9.3 million in Q1 2026 per HP's latest filing, from $11.2 million in the prior quarter.
- Across five years, Tax Provisions topped out at $51.1 million in Q1 2023 and bottomed at -$6.3 million in Q3 2025.
- The 5-year median for Tax Provisions is $30.1 million (2023), against an average of $25.6 million.
- The widest annual swing landed in 2023, when Tax Provisions soared 2294.12%; it then slumped 115.33% in 2025.
- Tracing HP's Tax Provisions over 5 years: stood at $32.4 million in 2022, then fell by 7.1% to $30.1 million in 2023, then retreated by 28.08% to $21.6 million in 2024, then sank by 48.26% to $11.2 million in 2025, then fell by 16.98% to $9.3 million in 2026.
- Per Business Quant, the three latest HP Tax Provisions figures stand at $9.3 million (Q1 2026), $11.2 million (Q4 2025), and -$6.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | - |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 72.95 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | -54.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -3.60 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 9.30 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 23.00 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 | 11.83 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | -12.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.30 Mn |
| Dec 31, 2025 | 11.20 Mn |
| Sep 30, 2025 | -6.27 Mn |
| Jun 30, 2025 | 29.00 Mn |
| Mar 31, 2025 | 41.50 Mn |
| Dec 31, 2024 | 21.65 Mn |
| Sep 30, 2024 | 40.88 Mn |
| Jun 30, 2024 | 33.70 Mn |
| Mar 31, 2024 | 32.19 Mn |
| Dec 31, 2023 | 30.10 Mn |
| Sep 30, 2023 | 35.09 Mn |
| Jun 30, 2023 | 40.70 Mn |
| Mar 31, 2023 | 51.10 Mn |
| Dec 31, 2022 | 32.40 Mn |
| Sep 30, 2022 | 27.57 Mn |
| Jun 30, 2022 | 1.70 Mn |
| Mar 31, 2022 | 2.70 Mn |
| Dec 31, 2021 | -7.60 Mn |
| Sep 30, 2021 | -25.32 Mn |
| Jun 30, 2021 | -23.70 Mn |
| Mar 31, 2021 | -36.62 Mn |
| Dec 31, 2020 | -18.12 Mn |
| Sep 30, 2020 | -134.51 Mn |
| Jun 30, 2020 | -17.58 Mn |
| Mar 31, 2020 | -113.40 Mn |
| Dec 31, 2019 | 14.14 Mn |
| Jun 30, 2019 | -32.00 Mn |
| Mar 31, 2019 | 25.08 Mn |
| Dec 31, 2018 | 1.40 Mn |
| Sep 30, 2018 | 16.86 Mn |
| Jun 30, 2018 | 10.50 Mn |
| Mar 31, 2018 | -3.92 Mn |
| Dec 31, 2017 | -500.64 Mn |
| Sep 30, 2017 | -6.20 Mn |
| Jun 30, 2017 | -10.48 Mn |
| Mar 31, 2017 | -21.77 Mn |
| Dec 31, 2016 | -18.29 Mn |
| Sep 30, 2016 | -53.42 Mn |
| Jun 30, 2016 | 2.84 Mn |
| Mar 31, 2016 | 12.18 Mn |
| Dec 31, 2015 | 18.72 Mn |
| Sep 30, 2015 | -2.49 Mn |
| Jun 30, 2015 | 39.32 Mn |
| Mar 31, 2015 | 77.80 Mn |
| Dec 31, 2014 | 126.77 Mn |
| Sep 30, 2014 | 94.66 Mn |
| Jun 30, 2014 | 102.79 Mn |
| Mar 31, 2014 | 100.84 Mn |
| Dec 31, 2013 | 89.76 Mn |
| Sep 30, 2013 | 56.09 Mn |
| Jun 30, 2013 | 139.39 Mn |
| Mar 31, 2013 | 81.09 Mn |
| Dec 31, 2012 | 86.72 Mn |
| Sep 30, 2012 | -108.19 Mn |
| Jun 30, 2012 | 80.94 Mn |
| Mar 31, 2012 | 75.16 Mn |
| Dec 31, 2011 | 84.14 Mn |
| Sep 30, 2011 | 66.64 Mn |
| Jun 30, 2011 | 63.00 Mn |
| Mar 31, 2011 | 60.38 Mn |
| Dec 31, 2010 | 62.39 Mn |
| Sep 30, 2010 | -58.41 Mn |
| Jun 30, 2010 | 43.79 Mn |
| Mar 31, 2010 | 23.87 Mn |
| Dec 31, 2009 | 37.21 Mn |
| Sep 30, 2009 | -128.12 Mn |
| Jun 30, 2009 | 35.39 Mn |
| Mar 31, 2009 | 83.39 Mn |