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

Helmerich & Payne (HP) reported north america solutions — R&D of $7.12M in Q1 2026.

How has Helmerich & Payne's north america solutions — R&D changed year-over-year?

Helmerich & Payne's north america solutions — R&D decreased by 25.1% year-over-year, from $9.5M to $7.12M.

What does north america solutions — R&D mean?

This metric represents the costs incurred by the North America drilling segment to develop new technologies, improve rig automation, and enhance drilling performance. It reflects the company's investment in maintaining a competitive edge in the U.S. shale market through technical innovation.

Helmerich & Payne HP North America Solutions — R&D

Other segment segments

Offshore Solutions

$0—

Similar metrics at other companies

SSD

SSDNorth America — Research And Development And Other Engineering Expense

$15.91M-9.1%

MSA

MSAAmericas segment — R&D

$9.64M+2.9%

WTSAmericas — Research And Development Expense

$15.4M+12.4%

ZBHAmericas — Research And Development Expense Excluding Acquired In Process Cost

$71.9M+1.1%

AGCONorth America — Engineering expenses

$37.1M+11.4%

VRTAmericas — Engineering, research and development costs

$75.6M+50.3%

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

See full

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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Questions, answered.

What is Helmerich & Payne's north america solutions — R&D?: Helmerich & Payne (HP) reported north america solutions — R&D of $7.12M in Q1 2026.
How has Helmerich & Payne's north america solutions — R&D changed year-over-year?: Helmerich & Payne's north america solutions — R&D decreased by 25.1% year-over-year, from $9.5M to $7.12M.
What does north america solutions — R&D mean?: This metric represents the costs incurred by the North America drilling segment to develop new technologies, improve rig automation, and enhance drilling performance. It reflects the company's investment in maintaining a competitive edge in the U.S. shale market through technical innovation.