Well Intervention was Hornbeck Offshore Services’s largest segment in fiscal 2025, bringing in $729.37M of $1.29B (56%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Contracting Services | — | — | — | — | |||||||||||||
| Well Intervention | $508.33M | $707.72M | $829.86M | $729.37M | |||||||||||||
| Shelf Contracting | — | — | — | — | |||||||||||||
| Oil & Gas | — | — | — | — | |||||||||||||
| Robotics | $191.92M | $257.88M | $297.68M | $323.35M | |||||||||||||
| Shallow Water Abandonment | $124.81M | $274.95M | $186.98M | $199.63M | |||||||||||||
| Subsea Construction | — | — | — | — | |||||||||||||
| Production Facilities | $82.32M | $87.89M | $88.71M | $72.69M | |||||||||||||
| Other | — | — | — | — | |||||||||||||
| Intercompany Eliminations | -$34.28M | -$38.70M | -$44.67M | -$33.58M | |||||||||||||
| Intercompany Elimination | — | — | — | — | |||||||||||||
| Total | $873.10M | $1.29B | $1.36B | $1.29B |
Hornbeck Offshore Services brought in $1.29B from its five segments in fiscal 2025, the year ended December 31, 2025. That was down 4.9% from $1.36B in fiscal 2024. Well Intervention was the largest at $729.37M (56.5%), ahead of Robotics at $323.35M (25.0%) and Shallow Water Abandonment at $199.63M (15.5%). The remaining segment, Production Facilities, brought in $72.69M.
Compared with fiscal 2024, Robotics grew fastest, up 8.6% to $323.35M, while Production Facilities fell the most, down 18.1% to $72.69M. From fiscal 2022 to 2025, combined revenue from these segments grew from $873.10M to $1.29B, a compound annual growth rate of 13.9%. Well Intervention's share of the total fell from 58.2% to 56.5%.
The total is net of Intercompany Eliminations, which took $33.58M off revenue in fiscal 2025.
United States was Hornbeck Offshore Services’s largest region in fiscal 2025, bringing in $494.54M of $1.29B (38%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $447.21M | $644.76M | $542.86M | $494.54M | |||||||||||||
| North Sea | $206.65M | $274.75M | $249.97M | $272.25M | |||||||||||||
| India | — | — | — | — | |||||||||||||
| United Kingdom | — | — | — | — | |||||||||||||
| Brazil | $81.94M | $177.07M | $185.54M | $354.51M | |||||||||||||
| Asia Pacific | $43.65M | $163.96M | $222.12M | $68.42M | |||||||||||||
| West Africa | $87.49M | $8.42M | $71.96M | $95.52M | |||||||||||||
| Other | $6.17M | $20.78M | $86.12M | $6.23M | |||||||||||||
| Total | $873.10M | $1.29B | $1.36B | $1.29B |
Hornbeck Offshore Services brought in $1.29B from its six regions in fiscal 2025, the year ended December 31, 2025. That was down 4.9% from $1.36B in fiscal 2024. United States was the largest at $494.54M (38.3%), ahead of Brazil at $354.51M (27.4%) and North Sea at $272.25M (21.1%). The other three regions brought in $170.17M combined.
Compared with fiscal 2024, Brazil grew fastest, up 91.1% to $354.51M, while Asia Pacific fell the most, down 69.2% to $68.42M. From fiscal 2022 to 2025, combined revenue from these regions grew from $873.10M to $1.29B, a compound annual growth rate of 13.9%. United States' share of the total fell from 51.2% to 38.3%.
Decommissioning was Hornbeck Offshore Services’s largest product and service line in fiscal 2025, bringing in $737.13M of $1.29B (57%).
| Product and Service | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Decommissioning | $334.78M | $767.33M | $612.24M | $737.13M |
| Production Maximization | $459.85M | $434.05M | $623.18M | $401.75M |
| Renewables | $83.43M | $99.86M | $152.31M | $157.30M |
| Other | $29.32M | $27.19M | $15.51M | $28.87M |
| Intercompany Eliminations | -$34.28M | -$38.70M | -$44.67M | -$33.58M |
| Total | $873.10M | $1.29B | $1.36B | $1.29B |
Hornbeck Offshore Services brought in $1.29B from its five product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 4.9% from $1.36B in fiscal 2024. Decommissioning was the largest at $737.13M (57.1%), ahead of Production Maximization at $401.75M (31.1%) and Renewables at $157.30M (12.2%). The remaining line, Other, brought in $28.87M.
Compared with fiscal 2024, Other grew fastest, up 86.2% to $28.87M, while Production Maximization fell the most, down 35.5% to $401.75M. From fiscal 2022 to 2025, combined revenue from these lines grew from $873.10M to $1.29B, a compound annual growth rate of 13.9%. Decommissioning's share of the total rose from 38.3% to 57.1%.
The total is net of Intercompany Eliminations, which took $33.58M off revenue in fiscal 2025.
Hornbeck Offshore Services (HOS) reports its revenue by segment, by geography and by product and service. In fiscal 2025, Well Intervention was its largest segment, bringing in $729.37M (56.5% of the total), followed by Robotics at $323.35M (25.0%).
Well Intervention was Hornbeck Offshore Services' largest segment in fiscal 2025, bringing in $729.37M, or 56.5% of the $1.29B total across its five segments.
United States was Hornbeck Offshore Services' largest region in fiscal 2025, bringing in $494.54M, or 38.3% of the $1.29B total across its six regions.
Decommissioning was Hornbeck Offshore Services' largest product and service line in fiscal 2025, bringing in $737.13M, or 57.1% of the $1.29B total across its five product and service lines.
Among Hornbeck Offshore Services' segments that make up at least 2% of revenue, Robotics grew fastest in fiscal 2025, up 8.6% from $297.68M to $323.35M.
Every figure comes from Hornbeck Offshore Services' annual financial filings, as reported. Each line keeps the name Hornbeck Offshore Services gives it, and years follow its fiscal calendar.
Hornbeck Offshore Services' revenue by segment goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.