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Helix Energy Solutions Group HLX Well Intervention — D&A

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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:DepreciationDepletionAndAmortization.

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
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Corporate, eliminations and other341438121
Total$7,177$4,306$9,988$8,580
Depreciation and amortization (2) —
Well Intervention$33,436$33,387$65,809$63,978
Robotics1,1651,2552,3502,624
Production Facilities4,8324,7619,6459,510
Corporate and eliminations338571180
Total$39,466$39,488$77,875$76,292

Item 1. Financial Statements

FAQ

What is Helix Energy Solutions Group's well intervention — D&A?
Helix Energy Solutions Group (HLX) reported well intervention — D&A of $33.44M in Q2 2026.
How has Helix Energy Solutions Group's well intervention — D&A changed year-over-year?
Helix Energy Solutions Group's well intervention — D&A increased by 0.1% year-over-year, from $33.39M to $33.44M.
What is the long-term trend for Helix Energy Solutions Group's well intervention — D&A?
Over 4 years (2021 to 2025), Helix Energy Solutions Group's well intervention — D&A has grown at a 6.9% compound annual growth rate (CAGR), from $107.55M to $140.21M.
What does well intervention — D&A mean?
The non-cash expense allocated to the well intervention segment to account for the gradual wear and tear of its capital-intensive assets over their useful lives. It provides insight into the segment's asset intensity and the ongoing cost of maintaining its fleet.

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