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Helmerich & Payne HP North America Solutions — Operating Income (Loss)

Other segment segments

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$14.02M

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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:OperatingIncomeLoss.

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

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Questions, answered.

What is Helmerich & Payne's north america solutions — operating income (loss)?
Helmerich & Payne (HP) reported north america solutions — operating income (loss) of $111.33M in Q1 2026.
How has Helmerich & Payne's north america solutions — operating income (loss) changed year-over-year?
Helmerich & Payne's north america solutions — operating income (loss) decreased by 26.7% year-over-year, from $151.94M to $111.33M.
What is the long-term trend for Helmerich & Payne's north america solutions — operating income (loss)?
Over 4 years (2021 to 2025), Helmerich & Payne's north america solutions — operating income (loss) has grown at a 19.2% compound annual growth rate (CAGR), from -$287.18M to $579.96M.
What does north america solutions — operating income (loss) mean?
This is the primary measure of profitability for the North America drilling segment, calculated as segment revenues minus direct operating expenses, depreciation, and administrative costs. It indicates the operational health and margin efficiency of the core U.S. land drilling business.