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GB
$578.51M
BR
$199.63M

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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:PropertyPlantAndEquipmentNet.

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 itemDecember 31, 2025December 31, 2024
U.S.$581,297$659,721
U.K.583,464578,505
Brazil197,733199,627
Total$1,362,494$1,437,853

Item 8. Financial Statements and Supplementary Data

FAQ

What is Helix Energy Solutions Group's US — PP&E (net)?
Helix Energy Solutions Group (HLX) reported US — PP&E (net) of $581.3M in Q4 2025.
How has Helix Energy Solutions Group's US — PP&E (net) changed year-over-year?
Helix Energy Solutions Group's US — PP&E (net) decreased by 11.9% year-over-year, from $659.72M to $581.3M.
What does US — PP&E (net) mean?
This metric represents the book value of the segment's long-term physical assets, such as specialized vessels, robotics equipment, and infrastructure, after accounting for accumulated depreciation. It quantifies the capital intensity of the segment's operations and the scale of its asset base used to deliver offshore services. Changes in this value reflect the segment's ongoing capital investment strategy and the aging profile of its operational fleet.

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