Skip to content

Helmerich & Payne HP Offshore Solutions — Operating Income (Loss)

Other segment segments

North America Solutions
$111.33M-26.7%

Similar metrics at other companies

Oceaneering International logo
OIIOffshore Projects Group — Income (Loss) from Operations
$18.34M-48.6%
Dell Technologies logo
DELLClient Solutions — Operating Income (Loss)
$1.17B+79.2%
Fluor logo
FLRMission Solutions — Operating Income (Loss)
-$71M-1,520%
Patterson-UTI Energy logo
PTENDrilling Services — Operating Income (Loss)
$44.3M-41.9%
Fortive logo
FTVIntelligent Operating Solutions — Operating profit (loss)
$186.2M+6.6%
MTD
MTDRExploration and Production — Operating Income (Loss)
$18.57M-94.9%

Other financials

Income statement

See full
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

See full
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

See full
Operating cash flow$36.6M-34.7%
CapEx$62.9M-60.4%
Free cash flow$114.9M+121%

Valuation

See full
Market cap$3.56B+41.1%

Profitability

See full
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:OperatingIncomeLoss.

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

Ask your AI about Helmerich & Payne's offshore solutions — operating income (loss).

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Helmerich & Payne's offshore solutions — operating income (loss)?
Helmerich & Payne (HP) reported offshore solutions — operating income (loss) of $14.02M in Q1 2026.
How has Helmerich & Payne's offshore solutions — operating income (loss) changed year-over-year?
Helmerich & Payne's offshore solutions — operating income (loss) decreased by 19.3% year-over-year, from $17.38M to $14.02M.
What does offshore solutions — operating income (loss) mean?
Measures the profitability of the Offshore Solutions segment by subtracting direct operating expenses, depreciation, and administrative costs from segment revenues. It serves as a primary indicator of the segment's core operational performance and its ability to generate earnings from offshore drilling activities. This metric is essential for evaluating the segment's contribution to overall corporate financial health.