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

Other segment segments

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$16.8M+91.6%

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Other financials

Income statement

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Revenue$1.0B-0.6%
Gross profit$349.9M+3.9%
Operating income$188.2M+247%
Net income$75.7M+146%
EPS (diluted)$0.74+145%

Balance sheet

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Cash & equivalents$239.3M+5.4%
Total debt$1.9B-20.2%
Total equity$2.7B-6.8%
Total assets$6.3B-8.4%

Cash flow

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Operating cash flow$153.7M+26.4%
CapEx$69.8M-28.1%
Free cash flow$83.9M+241%

Valuation

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Market cap$3.7B+141%
Enterprise value$5.33B+46.1%
P/S0.9×+0.5×

Profitability

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Gross margin31.8%-3.3pp
Operating margin3.3%-13.2pp
Net margin-3.4%-5.3pp
FCF margin4.4%-3.0pp

Returns & leverage

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Return on equity-4.9%-6.9pp
Debt / equity0.7×-0.1×
Current ratio+0.1×

Where this comes from

Reported directly by Helmerich & Payne in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Helmerich & Payne’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:16 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000046765-26-000042
(in thousands)North America SolutionsInternational SolutionsOffshore SolutionsTotal
Acquisition transaction and integration costs186186
Asset impairment charge1,1531,153
Restructuring charges39349858949
Segment operating income (loss)140,312(54,428)16,800102,684
Reconciliation of segment operating income (loss):
All other operating income1,344
Elimination of intersegment income1,528
Segment operating income105,556

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Helmerich & Payne's north america solutions — operating income (loss)?
Helmerich & Payne (HP) reported north america solutions — operating income (loss) of $140.31M in Q2 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 11.0% year-over-year, from $157.65M to $140.31M.
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.

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