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Other geography segments

BR
$185.54M+4.8%
GB
$181.8M-23.0%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
U.S.$494,544$542,860$644,755
North Sea (1)272,254249,968274,745
Brazil354,509185,538177,070
Asia Pacific68,415222,119163,957
West Africa95,51971,9608,423
Other6,23386,11520,778
Total$1,291,474$1,358,560$1,289,728

Item 8. Financial Statements and Supplementary Data

FAQ

What is Helix Energy Solutions Group's US — revenue?
Helix Energy Solutions Group (HLX) reported US — revenue of $123.64M in Q4 2025.
How has Helix Energy Solutions Group's US — revenue changed year-over-year?
Helix Energy Solutions Group's US — revenue decreased by 8.9% year-over-year, from $135.72M to $123.64M.
What is the long-term trend for Helix Energy Solutions Group's US — revenue?
Over 4 years (2021 to 2025), Helix Energy Solutions Group's US — revenue has grown at a 20.7% compound annual growth rate (CAGR), from $232.66M to $494.54M.
What does US — revenue mean?
This metric measures the total gross income generated from core service contracts within the specified geographic segment, net of any sales or value-added taxes. It is the fundamental indicator of market demand and the segment's ability to capture share within the offshore energy services industry. Tracking this revenue stream provides insight into the segment's growth trajectory and its success in executing service agreements with clients.

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