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Helmerich & Payne HP Gain on reimbursement of drilling equipment

Gain on reimbursement of drilling equipment at other companies

Atlas Energy Solutions logo
Atlas Energy SolutionsAESI
-$3.33M
Patterson-UTI Energy logo
Patterson-UTI EnergyPTEN
$79.8M-6.8%
Seadrill logo
SeadrillSDRL
$10M-33.3%
Patterson-UTI Energy logo
Patterson-UTI EnergyPTEN
$351.72M-14.8%
Murphy Oil logo
Murphy OilMUR
$1.2M-50.9%
Patterson-UTI Energy logo
Patterson-UTI EnergyPTEN
$44.3M-41.9%

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 hp:GainLossOnReimbursementOfDrillingEquipment.

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 gain on reimbursement of drilling equipment?
Helmerich & Payne (HP) reported gain on reimbursement of drilling equipment of $5.94M in Q1 2026.
How has Helmerich & Payne's gain on reimbursement of drilling equipment changed year-over-year?
Helmerich & Payne's gain on reimbursement of drilling equipment decreased by 40.4% year-over-year, from $9.97M to $5.94M.
What is the long-term trend for Helmerich & Payne's gain on reimbursement of drilling equipment?
Over 4 years (2021 to 2025), Helmerich & Payne's gain on reimbursement of drilling equipment has grown at a 28.3% compound annual growth rate (CAGR), from $12.32M to $33.4M.
What does gain on reimbursement of drilling equipment mean?
This reflects financial inflows or adjustments resulting from the recovery or reimbursement of capital expenditures related to specialized drilling assets. It typically represents settlements or contractual recoveries from clients or partners regarding equipment usage and maintenance. This metric highlights the company's ability to recoup capital investments through specific contractual arrangements.