What is Helmerich & Payne's net income?

Helmerich & Payne (HP) reported net income of -$55.86M in Q1 2026.

How has Helmerich & Payne's net income changed year-over-year?

Helmerich & Payne's net income decreased by 1970.8% year-over-year, from $2.99M to -$55.86M.

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 -16.3% compound annual growth rate (CAGR), from -$326.15M to -$159.95M.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

Helmerich & Payne HP Net Income

Net Income at other companies

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$20M-73.0%

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$22.56M+12.2%

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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

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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:ProfitLoss.

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 net income?: Helmerich & Payne (HP) reported net income of -$55.86M in Q1 2026.
How has Helmerich & Payne's net income changed year-over-year?: Helmerich & Payne's net income decreased by 1970.8% year-over-year, from $2.99M to -$55.86M.
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 -16.3% compound annual growth rate (CAGR), from -$326.15M to -$159.95M.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.