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Helix Energy Solutions Group HLX Production Facilities — Operating Costs And Expenses

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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+67.1%
Enterprise value$1.4B+17.3%
P/E36.5×+19.2×
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:OperatingCostsAndExpenses.

The source filing: Helix Energy Solutions Group’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000866829-26-000022
Three months ended June 30, 2026Well / InterventionRoboticsProduction / FacilitiesTotal
Total consolidated net revenues$304,016
Less (2):
Direct cost of revenues(180,316)(57,871)(13,447)
Operations support(4,141)(1,553)(135)
Selling, general and administrative expenses(4,286)(2,825)(336)
Segment operating income$19,349$14,187$15,805$49,341
Three months ended June 30, 2025
External revenues$156,786$77,815$17,081$251,682

Item 1. Financial Statements

FAQ

What is Helix Energy Solutions Group's production facilities — operating costs and expenses?
Helix Energy Solutions Group (HLX) reported production facilities — operating costs and expenses of $135K in Q2 2026.
How has Helix Energy Solutions Group's production facilities — operating costs and expenses changed year-over-year?
Helix Energy Solutions Group's production facilities — operating costs and expenses decreased by 12.3% year-over-year, from $154K to $135K.
What is the long-term trend for Helix Energy Solutions Group's production facilities — operating costs and expenses?
Over 3 years (2022 to 2025), Helix Energy Solutions Group's production facilities — operating costs and expenses has grown at a 4.3% compound annual growth rate (CAGR), from $484K to $549K.
What does production facilities — operating costs and expenses mean?
This represents the recurring operational expenditures required to maintain and manage production facilities, excluding direct cost of revenue. It provides insight into the overhead burden and operational discipline required to support the segment's ongoing activities.

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