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Helmerich & Payne HP Norway — Operating revenues

Other geography segments

United States
$621.62M—
Argentina
$35.88M—
Azerbaijan
$0—
Oman
$0—
Saudi Arabia
$0—

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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:Revenues.

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 norway — operating revenues?
Helmerich & Payne (HP) reported norway — operating revenues of $86.03M in Q1 2026.
How has Helmerich & Payne's norway — operating revenues changed year-over-year?
Helmerich & Payne's norway — operating revenues increased by 9.9% year-over-year, from $78.31M to $86.03M.
What does norway — operating revenues mean?
This metric represents the total gross income generated from drilling services and related operations within the Norway geographic segment. It reflects the company's success in capturing market share and executing contracts in this specific international region. Tracking this revenue stream is essential for evaluating the growth trajectory and commercial viability of the company's expansion into the Norwegian market.