Skip to content
OpenCapital
Get started

Helix Energy Solutions Group HLX Renewables — Revenue

Other product segments

Decommissioning
$162.96M+40.1%
Production Maximization
$79.54M-42.6%
Service Other
$8.69M+38.9%

Similar metrics at other companies

Calumet, Inc. logo
CLMTRenewable Fuels — Revenue
$142.2M-14.1%
Enbridge logo
ENBRenewable Power Generation — Revenue
$174M+45.0%
Waste Management logo
WMRenewable Energy — Revenue
$161M+75.0%
XPLR Infrastructure, LP logo
XIFRRenewable Energy Sales — Revenue
$263M-3.0%
NWN
NWNRenewable natural gas sales — Revenue from contract with customer, including assessed tax
$8.47M+9.6%
Andersons Inc. logo
ANDERenewables — Revenue
$707.3M+6.2%

Other financials

Income statement

See full
Revenue$287.9M+3.6%
Gross profit$8.8M-67.9%
Operating income-$13.3M-263%
Net income-$13.4M-536%
EPS (diluted)-$0.09-550%

Balance sheet

See full
Cash & equivalents$501.3M+35.5%
Total debt$625.8M-4.6%
Total equity$1.6B+0.8%
Total assets$2.6B-2.5%

Cash flow

See full
Operating cash flow$61.8M+276%
CapEx$2.8M-37.4%
Free cash flow$59.0M+393%

Valuation

See full
Market cap$1.26B+16.1%
Enterprise value$1.39B+2.7%
P/E88×+75.2×
P/S1×+0.2×

Profitability

See full
Gross margin10.8%-6.2pp
Operating margin3.4%-6.9pp
Net margin1.1%-5.2pp
FCF margin12.9%+3.2pp

Returns & leverage

See full
Return on equity0.9%-4.7pp
Debt / equity0.4×0.0×
Current ratio2.9×+0.6×

Where this comes from

Reported directly by Helix Energy Solutions Group in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Helix Energy Solutions Group’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

Ask your AI about Helix Energy Solutions Group's renewables — revenue.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Helix Energy Solutions Group's renewables — revenue?
Helix Energy Solutions Group (HLX) reported renewables — revenue of $36.76M in Q1 2026.
How has Helix Energy Solutions Group's renewables — revenue changed year-over-year?
Helix Energy Solutions Group's renewables — revenue increased by 118.1% year-over-year, from $16.85M to $36.76M.
What is the long-term trend for Helix Energy Solutions Group's renewables — revenue?
Over 3 years (2022 to 2025), Helix Energy Solutions Group's renewables — revenue has grown at a 23.9% compound annual growth rate (CAGR), from $82.79M to $157.3M.
What does renewables — revenue mean?
This metric represents the total gross revenue generated from the company's renewable energy service offerings, excluding any pass-through taxes collected from customers. It serves as a key indicator of the company's market penetration and growth within the offshore renewable energy sector. Tracking this revenue stream helps investors assess the scale and commercial success of the company's diversification efforts beyond traditional oil and gas operations.