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Other geography segments

US
$542.86M-15.8%
GB
$181.8M-23.0%

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Other financials

Income statement

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Revenue$304.0M+20.8%
Gross profit$56.2M+318%
Operating income$26.7M+978%
Net income$22.7M+975%
EPS (diluted)$0.15+850%

Balance sheet

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Cash & equivalents$652.2M+104%
Total debt$610.4M-5.1%
Total equity$1.6B+0.9%
Total assets$2.6B-3.8%

Cash flow

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Operating cash flow$53.9M+415%
CapEx$7.2M+75.4%
Free cash flow$46.7M+320%

Valuation

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Market cap$1.45B+65.3%
Enterprise value$1.4B+17.2%
P/E36.5×+19.0×
P/S1.1×+0.4×

Profitability

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Gross margin13.9%+0.5pp
Operating margin5.6%-0.9pp
Net margin3%-1.0pp
FCF margin18.1%+9.2pp

Returns & leverage

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Return on equity2.5%-0.8pp
Debt / equity0.4×0.0×
Current ratio3.5×+1.3×

Where this comes from

Reported directly by Helix Energy Solutions Group in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Helix Energy Solutions Group’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 7:21 AM EST
Fiscal year
FY2025
Accession
0000866829-26-000008
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
U.S.$494,544$542,860$644,755
North Sea (1)272,254249,968274,745
Brazil354,509185,538177,070
Asia Pacific68,415222,119163,957
West Africa95,51971,9608,423
Other6,23386,11520,778
Total$1,291,474$1,358,560$1,289,728

Item 8. Financial Statements and Supplementary Data

FAQ

What is Helix Energy Solutions Group's BR — revenue?
Helix Energy Solutions Group (HLX) reported BR — revenue of $88.63M in Q4 2025.
How has Helix Energy Solutions Group's BR — revenue changed year-over-year?
Helix Energy Solutions Group's BR — revenue increased by 91.1% year-over-year, from $46.38M to $88.63M.
What is the long-term trend for Helix Energy Solutions Group's BR — revenue?
Over 4 years (2021 to 2025), Helix Energy Solutions Group's BR — revenue has grown at a 23.1% compound annual growth rate (CAGR), from $154.33M to $354.51M.
What does BR — revenue mean?
This metric represents the total gross income generated from contracts with customers within the specified geographic region, excluding any sales or assessed taxes. It serves as a primary indicator of the company's market penetration and demand for offshore energy services in this specific territory. Tracking this figure helps investors assess the scale and growth trajectory of operations in this region relative to the company's global footprint.

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