Helix Energy Solutions Group HLX Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Production Facilities | $18.74M-5.6% | $17.26M-6.5% | $18.51M-10.5% | $17.08M-32.8% | $19.84M-17.9% | |
| Robotics | $62.37M+22.2% | $87.33M+7.0% | $99.41M+17.6% | $85.57M+5.3% | $51.04M+1.5% | |
| Shallow Water Abandonment | $21.24M+26.3% | $57.56M+52.7% | $74.64M+4.3% | $50.62M-0.4% | $16.82M-37.4% | |
| Well Intervention | $209.44M+5.6% | $181.01M-20.0% | $193.21M+10.6% | $156.79M-28.0% | $198.37M-6.1% | |
| Operating Income by Business | ||||||
| Production Facilities | -$7.91M-214% | $3.55M-35.5% | $5.38M-35.1% | $4.43M-51.4% | $6.94M+550% | |
| Robotics | $7.77M+45.4% | $19.06M-1.4% | $27.88M+15.4% | $19.04M-32.9% | $5.35M-1.9% | |
| Shallow Water Abandonment | -$10.73M+20.2% | $8.56M+258% | $15.74M+78.7% | -$357K-27.0% | -$13.44M-8.2% | |
| Well Intervention | $10.86M-45.6% | $12.27M-57.9% | $8.56M-46.9% | -$16.43M-156% | $19.97M+6.9% | |
| Cost Of Revenue by Business | ||||||
| Production Facilities | $25.91M+111% | $13.94M+19.2% | $12.62M+4.9% | $12.17M-20.9% | $12.26M-51.6% | |
| Robotics | $50.19M+20.6% | $64.25M+11.4% | $67.52M+19.9% | $62.57M+27.4% | $41.64M+2.3% | |
| Shallow Water Abandonment | $27.44M+7.5% | $44.7M+16.8% | $54.33M-5.8% | $46.46M+1.2% | $25.54M-23.1% | |
| Well Intervention | $190.03M+11.8% | $160.92M-14.7% | $177M+17.4% | $165.15M-8.5% | $170.03M-7.7% | |
| Selling General And Administrative Expense by Business | ||||||
| Production Facilities | $458K-11.2% | —— | $376K+13.9% | $329K-58.6% | $516K+118% | |
| Robotics | $2.82M+5.7% | $2.58M-19.5% | $2.6M+3.0% | $2.61M+4.9% | $2.67M-2.3% | |
| Shallow Water Abandonment | $1.88M+1.1% | $1.77M-9.2% | $1.95M-2.4% | $1.85M-4.3% | $1.86M-26.1% | |
| Well Intervention | $4.35M-0.1% | $3.87M-7.8% | $3.88M-3.3% | $4.12M-4.4% | $4.35M-2.5% | |
| Operating Costs And Expenses by Business | ||||||
| Production Facilities | $282K+150% | $144K+25.2% | $138K+5.3% | $154K+23.2% | $113K-21.0% | |
| Robotics | $1.59M+14.2% | $1.45M+6.1% | $1.41M-6.7% | $1.35M+7.6% | $1.39M-1.6% | |
| Shallow Water Abandonment | $2.65M-7.5% | $2.53M-12.5% | $2.62M-15.2% | $2.66M-18.7% | $2.86M-15.7% | |
| Well Intervention | $4.21M+4.7% | $3.94M+4.7% | $3.77M-0.5% | $3.94M+8.9% | $4.02M+1.4% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Robotics | $635K-47.0% | $2.47M-57.7% | $1.33M+3.4% | $2.9M+15.1% | $1.2M+58.4% | |
| Well Intervention | $2.17M-26.8% | $1.4M-75.8% | $304K-84.0% | $1.39M+31.7% | $2.97M+33.9% | |
| D&A by Business | ||||||
| Production Facilities | $4.81M+1.3% | $4.79M+1.5% | $4.78M+13.5% | $4.76M-8.6% | $4.75M-33.5% | |
| Robotics | $1.19M-13.4% | $1.13M-30.2% | $1.05M-34.5% | $1.26M-39.4% | $1.37M-40.6% | |
| Shallow Water Abandonment | $5.46M-3.9% | $5.67M+55.4% | $5.8M+0.6% | $5.9M+6.2% | $5.68M+3.3% | |
| Well Intervention | $32.37M+5.8% | $32.23M+5.8% | $44M+41.0% | $33.39M+9.4% | $30.59M-2.3% | |
| Revenue by Product | ||||||
| Decommissioning | $162.96M+40.1% | $214.94M+80.6% | $205.1M+33.8% | $178.72M+11.1% | $116.33M-29.4% | |
| Production Maximization | $79.54M-42.6% | $62.4M-68.2% | $116.26M-18.0% | $74M-50.8% | $138.63M+32.2% | |
| Renewables | $36.76M+118% | $48.36M+38.8% | $50.1M+17.1% | $41.99M-16.8% | $16.85M-30.3% | |
| Service Other | $8.69M+38.9% | $8.47M+71.2% | $5.5M+19.9% | $7.58M+163% | $6.26M+164% | |
| Line Of Credit Facility Maximum Borrowing Capacity by Geography | ||||||
| GB | $35M0.0% | —— | $35M0.0% | $35M0.0% | $35M0.0% | |
| US | $85M0.0% | —— | $85M0.0% | $85M0.0% | $85M0.0% | |
| Debt Instrument Basis Spread On Variable Rate1 by Geography | ||||||
| GB | 2%0.0pp | —— | —— | —— | 2%0.0pp | |
| US | 2%0.0pp | —— | —— | —— | 2%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Helix Energy Solutions Group break its business down?
- Helix Energy Solutions Group (HLX) reports revenue by business across 4 parts — Production Facilities, Robotics, Shallow Water Abandonment and Well Intervention. Each is extracted from the segment footnotes and tracked over time.
- Where does Helix Energy Solutions Group's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Helix Energy Solutions Group's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
