When did Helix Energy Solutions Group report Q1 2025 earnings?

Helix Energy Solutions Group (HLX) reported Q1 2025 earnings on April 23, 2025 after market close.

What were Helix Energy Solutions Group's Q1 2025 revenue and EPS?

Helix Energy Solutions Group reported revenue of $278.1M and eps of $0.02 for Q1 2025.

Did Helix Energy Solutions Group beat estimates in Q1 2025?

Revenue missed the consensus estimate of $285.1M by $7.0M. EPS beat the consensus estimate of $-0.05 by $0.07.

How did Helix Energy Solutions Group's Q1 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue declined 6.1% from $296.2M a year earlier.

Where can I find Helix Energy Solutions Group's Q1 2025 SEC filings?

You can read the 10-Q periodic report (0000866829-25-000010) directly on SEC EDGAR. The filing index links above go to sec.gov.

Helix Energy Solutions Group HLX Q1 2025 earnings

Reported April 23, 2025 · After market close

Revenue$278.1MMiss by $7.0M

EPS$0.02Beat by $0.07

Revenue estimate$285.1M

EPS estimate-$0.05

Next report

Jul 30, 2026 (Today)

Revenue estimate$315.3M

EPS estimate$0.07

Financials

Q1 2025

Income statement

See full

Revenue$278.1M-6.1%

Gross profit$27.5M+40.8%

Operating income$8.2M+740%

Net income$3.1M+112%

EPS (diluted)$0.02+112%

Balance sheet

See full

Cash & equivalents$370.0M+14.2%

Total debt$655.8M-4.6%

Total equity$1.5B+5.3%

Total assets$2.6B+0.8%

Cash flow

See full

Operating cash flow$16.4M-74.5%

CapEx$4.5M+24.5%

Free cash flow$12.0M-80.4%

Valuation & ratios

Valuation

as of 03/31/25

See full

Market cap$1.25B-24.1%

Enterprise value$1.54B-23.6%

P/E14.8×—

P/S0.9×-0.3×

Profitability

See full

Gross margin17%+1.7pp

Operating margin10.2%+4.9pp

Net margin6.3%+5.0pp

FCF margin9.7%-5.7pp

Returns & leverage

See full

Return on equity5.6%+4.4pp

Debt / equity0.4×0.0×

Current ratio2.3×+0.5×

Segments

By segment

See full

Well Intervention$198.4M-6.1%

Robotics$51.0M+1.5%

Production Facilities$19.8M-17.9%

Shallow Water Abandonment$16.8M-37.4%

By product

See full

Production Maximization$138.6M+32.2%

Decommissioning$116.3M-29.4%

Renewables$16.9M-30.3%

Service Other$6.3M+164%

By geography

See full

US$123.6M-8.9%

BR$88.6M+91.1%

GB$48.6M+6.9%

Versus estimates

Revenue

Q1 2026$287.9MBeat by $23.6M Q4 2025$334.2MBeat by $31.8M Q3 2025$377.0MBeat by $15.0M Q2 2025$302.3MMiss by $40.3M

Q1 2025$278.1MMiss by $7.0M

Q4 2024$355.1MBeat by $43.5M

Diluted EPS

Q1 2026-$0.09In line Q4 2025$0.16Beat by $0.18 Q3 2025$0.15In line Q2 2025-$0.02Miss by $0.03

Q1 2025$0.02Beat by $0.07

Q4 2024$0.13Beat by $0.04

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Questions, answered.

When did Helix Energy Solutions Group report Q1 2025 earnings?: Helix Energy Solutions Group (HLX) reported Q1 2025 earnings on April 23, 2025 after market close.
What were Helix Energy Solutions Group's Q1 2025 revenue and EPS?: Helix Energy Solutions Group reported revenue of $278.1M and eps of $0.02 for Q1 2025.
Did Helix Energy Solutions Group beat estimates in Q1 2025?: Revenue missed the consensus estimate of $285.1M by $7.0M. EPS beat the consensus estimate of $-0.05 by $0.07.
How did Helix Energy Solutions Group's Q1 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue declined 6.1% from $296.2M a year earlier.
Where can I find Helix Energy Solutions Group's Q1 2025 SEC filings?: You can read the 10-Q periodic report (0000866829-25-000010) directly on SEC EDGAR. The filing index links above go to sec.gov.