Helmerich & Payne (HP) Tax Provisions (2009 - 2026)
Helmerich & Payne's (HP) quarterly Tax Provisions came in at $72.4 million in Q2 2026, up 149.66% year-over-year from $29.0 million in Q2 2025, and up 678.49% quarter-over-quarter from $9.3 million in Q1 2026.
Analysis
Helmerich & Payne (HP) Tax Provisions (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Tax Provisions for 18 consecutive years, with $72.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions rose 149.66% year-over-year to $72.4 million in Q2 2026; TTM through Jun 2026 was $86.6 million, a 34.86% decrease from a year earlier, with the FY2025 full-year figure at $85.8 million, down 37.28% from the prior year.
- Tax Provisions was $72.4 million for Q2 2026 at Helmerich & Payne, up from $9.3 million in the prior quarter.
- Over five years, Tax Provisions peaked at $72.4 million in Q2 2026 and troughed at -$6.3 million in Q3 2025.
- A 5-year average of $28.2 million and a median of $31.2 million in 2023 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions jumped 2252.6% in 2023 and tumbled 115.33% in 2025, its largest moves.
- Over 5 years, Tax Provisions stood at $32.4 million in 2022, then retreated by 7.1% to $30.1 million in 2023, then decreased by 28.08% to $21.6 million in 2024, then sank by 48.26% to $11.2 million in 2025, then surged by 546.37% to $72.4 million in 2026.
- The last three Tax Provisions figures came in at $72.4 million (Q2 2026), $9.3 million (Q1 2026), and $11.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Patterson Uti Energy | 4.74 Bn | 4.54 Bn | 597.25 Mn | -8.65 Mn |
| 2 | Helmerich & Payne | 4.43 Bn | 4.29 Bn | 349.94 Mn | 72.40 Mn |
| 3 | Nabors Industries | 1.45 Bn | 1.44 Bn | 309.38 Mn | 16.41 Mn |
| 4 | Precision Drilling | 1.16 Bn | 1.12 Bn | 89.29 Mn | 503,155.99 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 72.40 Mn |
| 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 | 40.86 Mn |
| Jun 30, 2024 | 33.70 Mn |
| Mar 31, 2024 | 32.20 Mn |
| Dec 31, 2023 | 30.10 Mn |
| Sep 30, 2023 | 35.08 Mn |
| Jun 30, 2023 | 40.70 Mn |
| Mar 31, 2023 | 51.13 Mn |
| Dec 31, 2022 | 32.40 Mn |
| Sep 30, 2022 | 27.57 Mn |
| Jun 30, 2022 | 1.73 Mn |
| Mar 31, 2022 | 2.70 Mn |
| Dec 31, 2021 | -7.60 Mn |
| Sep 30, 2021 | -25.32 Mn |