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Helix Energy Solutions Group HLX Shallow Water Abandonment — Selling General And Administrative Expense

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Other financials

Income statement

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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

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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

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

Valuation

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Market cap$1.26B+15.8%
Enterprise value$1.39B+0.8%
P/E88×+75.2×
P/S+0.2×

Profitability

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

Returns & leverage

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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:SellingGeneralAndAdministrativeExpense.

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

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Questions, answered.

What is Helix Energy Solutions Group's shallow water abandonment — selling general and administrative expense?
Helix Energy Solutions Group (HLX) reported shallow water abandonment — selling general and administrative expense of $1.88M in Q1 2026.
How has Helix Energy Solutions Group's shallow water abandonment — selling general and administrative expense changed year-over-year?
Helix Energy Solutions Group's shallow water abandonment — selling general and administrative expense increased by 1.1% year-over-year, from $1.86M to $1.88M.
What is the long-term trend for Helix Energy Solutions Group's shallow water abandonment — selling general and administrative expense?
Over 3 years (2022 to 2025), Helix Energy Solutions Group's shallow water abandonment — selling general and administrative expense has grown at a 62.4% compound annual growth rate (CAGR), from $1.74M to $7.43M.
What does shallow water abandonment — selling general and administrative expense mean?
Reflects the administrative and overhead costs allocated to the shallow water abandonment segment, including management, marketing, and support services. This metric is used to evaluate the cost-efficiency of the segment's management and business development activities.