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Helmerich & Payne HP United States — Operating revenues

Other geography segments

Argentina
$35.88M
Azerbaijan
$0
Norway
$0
Oman
$0
Saudi Arabia
$0

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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:Revenues.

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)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Nine months ended June 30, 2026Nine months ended June 30, 2025
Operating revenues
United States$592,664$659,364$1,738,869$1,876,295
Norway90,05882,854264,771161,159
Saudi Arabia74,258103,752206,140201,673
Oman65,61145,089196,475114,709
Azerbaijan44,75838,922143,39081,681
Argentina50,24039,634121,767119,245
Other foreign117,26771,309312,832179,503

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Helmerich & Payne's united states — operating revenues?
Helmerich & Payne (HP) reported united states — operating revenues of $592.66M in Q2 2026.
How has Helmerich & Payne's united states — operating revenues changed year-over-year?
Helmerich & Payne's united states — operating revenues decreased by 10.1% year-over-year, from $659.36M to $592.66M.
What is the long-term trend for Helmerich & Payne's united states — operating revenues?
Over 4 years (2021 to 2025), Helmerich & Payne's united states — operating revenues has grown at a 21.0% compound annual growth rate (CAGR), from $1.16B to $2.48B.
What does united states — operating revenues mean?
This metric represents the total gross income generated from drilling services and related operations within the United States geographic segment. It reflects the company's market share and pricing power in domestic shale plays, serving as a primary indicator of regional demand for land drilling services. Investors use this to assess the scale and revenue volatility of the company's core domestic business operations.

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