What is Helmerich & Payne's international solutions — R&D?

Helmerich & Payne (HP) reported international solutions — R&D of $0 in Q1 2026.

What does international solutions — R&D mean?

Costs incurred to develop new drilling technologies, improve rig automation, or enhance operational safety specifically for international markets. This investment reflects the company's commitment to maintaining a competitive edge through innovation in diverse geological environments.

Helmerich & Payne HP International Solutions — R&D

Other segment segments

North America Solutions

$7.12M-25.1%

Offshore Solutions

$0—

Similar metrics at other companies

MSA

MSAInternational — R&D

$6.72M+6.6%

TELIndustrial Solutions — Research And Development And Engineering Expense

$116M+26.1%

DELLInfrastructure Solutions Group — R&D

$685M+19.3%

ITRIDevice Solutions — R&D

$4.15M+5.0%

CRHInternational Solutions — Energy costs

$236M+7.3%

CHDConsumer International — Research And Development Expense

$3M0.0%

Other financials

Income statement

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Revenue$932.4M-8.2%

Gross profit$271.2M-13.7%

Operating income-$36.9M-188%

Net income-$58.6M-3,643%

EPS (diluted)-$0.59-6,000%

Balance sheet

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Cash & equivalents$204.0M-16.7%

Total debt$2.0B-10.6%

Total equity$2.6B-13.8%

Total assets$6.3B-12.5%

Cash flow

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Operating cash flow$36.6M-34.7%

CapEx$62.9M-60.4%

Free cash flow$114.9M+121%

Valuation

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Market cap$3.56B+41.1%

Profitability

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Gross margin31.5%-5.8pp

Operating margin3.3%-13.2pp

Net margin-9.4%-16.5pp

FCF margin4.4%-3.0pp

Returns & leverage

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Return on equity-13.2%-20.7pp

Debt / equity0.8×0.0×

Current ratio1.7×0.0×

Where this comes from

Reported directly by Helmerich & Payne in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Helmerich & Payne’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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What is Helmerich & Payne's international solutions — R&D?: Helmerich & Payne (HP) reported international solutions — R&D of $0 in Q1 2026.
What does international solutions — R&D mean?: Costs incurred to develop new drilling technologies, improve rig automation, or enhance operational safety specifically for international markets. This investment reflects the company's commitment to maintaining a competitive edge through innovation in diverse geological environments.