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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%
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:NetIncomeLoss.

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
HELMERICH & PAYNE, INC. / UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS / (in thousands, except per share amounts)UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS / Three Months Ended June 30, 2026UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS / Three Months Ended June 30, 2025UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS / Nine Months Ended June 30, 2026UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS / Nine Months Ended June 30, 2025
Income tax expense72,36228,99192,86192,100
NET INCOME (LOSS)78,157(161,899)(72,635)(104,141)
Net income attributable to non-controlling interest2,4758596,9982,191
NET INCOME (LOSS) ATTRIBUTABLE TO HELMERICH & PAYNE, INC.$75,682$(162,758)$(79,633)$(106,332)
Earnings (loss) per share attributable to Helmerich & Payne, Inc.:
Basic$0.74$(1.64)$(0.81)$(1.08)
Diluted$0.74$(1.64)$(0.81)$(1.08)
Weighted average shares outstanding:

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Helmerich & Payne's net income?
Helmerich & Payne (HP) reported net income of $75.68M in Q2 2026.
How has Helmerich & Payne's net income changed year-over-year?
Helmerich & Payne's net income increased by 146.5% year-over-year, from -$162.76M to $75.68M.
What is the long-term trend for Helmerich & Payne's net income?
Over 4 years (2021 to 2025), Helmerich & Payne's net income has grown at a -15.8% compound annual growth rate (CAGR), from -$326.15M to -$163.7M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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