What is Helix Energy Solutions Group's total revenue?

Helix Energy Solutions Group (HLX) reported total revenue of $287.95M in Q1 2026.

How has Helix Energy Solutions Group's total revenue changed year-over-year?

Helix Energy Solutions Group's total revenue increased by 3.6% year-over-year, from $278.06M to $287.95M.

What is the long-term trend for Helix Energy Solutions Group's total revenue?

Over 4 years (2021 to 2025), Helix Energy Solutions Group's total revenue has grown at a 17.6% compound annual growth rate (CAGR), from $674.73M to $1.29B.

What does total revenue mean?

The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

Helix Energy Solutions Group HLX Total Revenue

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$454.76M+36.6%

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Segments

By segment

See full

Well Intervention$209.44M+5.6%

Robotics$62.37M+22.2%

Shallow Water Abandonment$21.24M+26.3%

Production Facilities$18.74M-5.6%

By product

See full

Decommissioning$162.96M+40.1%

Production Maximization$79.54M-42.6%

Renewables$36.76M+118%

Service Other$8.69M+38.9%

By geography

See full

US$542.86M-15.8%

BR$185.54M+4.8%

GB$181.8M-23.0%

Other financials

Income statement

See full

Gross profit$8.8M-67.9%

Operating income-$13.3M-263%

Net income-$13.4M-536%

EPS (diluted)-$0.09-550%

Balance sheet

See full

Cash & equivalents$501.3M+35.5%

Total debt$625.8M-4.6%

Total equity$1.6B+0.8%

Total assets$2.6B-2.5%

Cash flow

See full

Operating cash flow$61.8M+276%

CapEx$2.8M-37.4%

Free cash flow$59.0M+393%

Valuation

See full

Market cap$1.26B+16.1%

Enterprise value$1.39B+2.7%

P/E88×+75.2×

P/S1×+0.2×

Profitability

See full

Gross margin10.8%-6.2pp

Operating margin3.4%-6.9pp

Net margin1.1%-5.2pp

FCF margin12.9%+3.2pp

Returns & leverage

See full

Return on equity0.9%-4.7pp

Debt / equity0.4×0.0×

Current ratio2.9×+0.6×

Where this comes from

Reported directly by Helix Energy Solutions Group in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Helix Energy Solutions Group’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Helix Energy Solutions Group's total revenue?: Helix Energy Solutions Group (HLX) reported total revenue of $287.95M in Q1 2026.
How has Helix Energy Solutions Group's total revenue changed year-over-year?: Helix Energy Solutions Group's total revenue increased by 3.6% year-over-year, from $278.06M to $287.95M.
What is the long-term trend for Helix Energy Solutions Group's total revenue?: Over 4 years (2021 to 2025), Helix Energy Solutions Group's total revenue has grown at a 17.6% compound annual growth rate (CAGR), from $674.73M to $1.29B.
What does total revenue mean?: The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.