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Helix Energy Solutions Group HLX Q3 2025 earnings

Reported October 22, 2025 · After market close

Revenue$377.0MBeat by $15.0M
EPS$0.15In line
Revenue estimate$361.9M
EPS estimate$0.15

Next report

Jul 30, 2026 (Today)
Revenue estimate$315.3M
EPS estimate$0.07

Financials

Q3 2025

Income statement

See full
Revenue$377.0M+10.1%
Gross profit$66.0M+0.5%
Operating income$47.9M+7.2%
Net income$22.1M-25.2%
EPS (diluted)$0.15-21.1%

Balance sheet

See full
Cash & equivalents$338.0M+4.3%
Total debt$622.5M-6.8%
Total equity$1.6B+0.3%
Total assets$2.6B-1.1%

Cash flow

See full
Operating cash flow$24.3M-56.4%
CapEx$1.7M-47.0%
Free cash flow$22.6M-57.0%

Valuation & ratios

Valuation

as of 09/30/25
See full
Market cap$964.23M-42.9%
Enterprise value$1.25B-38.6%
P/E22.6×-213×
P/S0.7×-0.5×

Profitability

See full
Gross margin12.8%-2.9pp
Operating margin6.4%-2.0pp
Net margin3.3%+2.7pp
FCF margin6%-9.3pp

Returns & leverage

See full
Return on equity2.7%+2.3pp
Debt / equity0.4×0.0×
Current ratio2.5×+0.3×

Segments

By segment

See full
Well Intervention$193.2M+10.6%
Robotics$99.4M+17.6%
Shallow Water Abandonment$74.6M+4.3%
Production Facilities$18.5M-10.5%

By product

See full
Decommissioning$205.1M+33.8%
Production Maximization$116.3M-18.0%
Renewables$50.1M+17.1%
Service Other$5.5M+19.9%

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 $23.6MQ4 2025$334.2MBeat by $31.8M
Q3 2025$377.0MBeat by $15.0M
Q2 2025$302.3MMiss by $40.3MQ1 2025$278.1MMiss by $7.0MQ4 2024$355.1MBeat by $43.5M

Diluted EPS

Q1 2026-$0.09In lineQ4 2025$0.16Beat by $0.18
Q3 2025$0.15In line
Q2 2025-$0.02Miss by $0.03Q1 2025$0.02Beat by $0.07Q4 2024$0.13Beat by $0.04

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Questions, answered.

When did Helix Energy Solutions Group report Q3 2025 earnings?
Helix Energy Solutions Group (HLX) reported Q3 2025 earnings on October 22, 2025 after market close.
What were Helix Energy Solutions Group's Q3 2025 revenue and EPS?
Helix Energy Solutions Group reported revenue of $377.0M and eps of $0.15 for Q3 2025.
Did Helix Energy Solutions Group beat estimates in Q3 2025?
Revenue beat the consensus estimate of $361.9M by $15.0M. EPS beat the consensus estimate of $0.15 by $0.00.
How did Helix Energy Solutions Group's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 10.1% from $342.4M a year earlier and eps declined 21.1% from $0.19.
Where can I find Helix Energy Solutions Group's Q3 2025 SEC filings?
You can read the 10-Q periodic report (0000866829-25-000024) directly on SEC EDGAR. The filing index links above go to sec.gov.