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Segments

By segment

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Well Intervention$19.35M+218%
Production Facilities$15.81M+257%
Robotics$14.19M-25.5%

Other financials

Income statement

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Revenue$304.0M+20.8%
Gross profit$56.2M+318%
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:OperatingIncomeLoss.

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
Gross profit56,19813,45473,87752,574
Transaction-related costs(8,340)(8,340)
Selling, general and administrative expenses(21,143)(16,496)(41,574)(34,195)
Income (loss) from operations26,715(3,042)23,96318,379
Net interest expense(4,372)(6,176)(9,781)(12,213)
Other income (expense), net(154)43714480
Royalty income and other218(5)1,9061,411
Income (loss) from continuing operations before income taxes22,407(8,786)16,2327,657

Item 1. Financial Statements

FAQ

What is Helix Energy Solutions Group's operating income?
Helix Energy Solutions Group (HLX) reported operating income of $26.72M in Q2 2026.
How has Helix Energy Solutions Group's operating income changed year-over-year?
Helix Energy Solutions Group's operating income increased by 978.2% year-over-year, from -$3.04M to $26.72M.
What is the long-term trend for Helix Energy Solutions Group's operating income?
Over 4 years (2021 to 2025), Helix Energy Solutions Group's operating income has grown at a 7.6% compound annual growth rate (CAGR), from -$48.69M to $65.25M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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