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Helix Energy Solutions Group HLX Robotics — Cost Of Revenue

Other segment segments

Well Intervention
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$13.45M+10.5%

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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$1.41B+67.1%
Enterprise value$1.37B+17.3%
P/E35.7×+18.8×
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:CostOfRevenue.

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
Elimination of intersegment revenues(10,235)
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

Item 1. Financial Statements

FAQ

What is Helix Energy Solutions Group's robotics — cost of revenue?
Helix Energy Solutions Group (HLX) reported robotics — cost of revenue of $57.87M in Q2 2026.
How has Helix Energy Solutions Group's robotics — cost of revenue changed year-over-year?
Helix Energy Solutions Group's robotics — cost of revenue decreased by 7.5% year-over-year, from $62.57M to $57.87M.
What is the long-term trend for Helix Energy Solutions Group's robotics — cost of revenue?
Over 3 years (2022 to 2025), Helix Energy Solutions Group's robotics — cost of revenue has grown at a 16.3% compound annual growth rate (CAGR), from $150.02M to $235.98M.
What does robotics — cost of revenue mean?
Includes the direct costs associated with providing robotics and subsea services, such as vessel operations, equipment maintenance, and field personnel labor. Monitoring this metric helps assess the direct efficiency and variable cost structure of the robotics segment.

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