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Helmerich & Payne HP Other income, net (Note 6)

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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:OtherNonoperatingIncomeExpense.

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
Interest expense(24,439)(29,200)(75,860)(79,836)
Gain (loss) on investment securities(16,007)(337)(687)14,084
Foreign currency exchange gain (loss)1,885(9,216)4,864(16,137)
Other(1,411)31,258(6,664)33,214
(37,692)(4,639)(71,154)(16,821)
Income (loss) before income taxes150,519(132,908)20,226(12,041)
Income tax expense72,36228,99192,86192,100
NET INCOME (LOSS)78,157(161,899)(72,635)(104,141)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Helmerich & Payne's other income, net (note 6)?
Helmerich & Payne (HP) reported other income, net (note 6) of -$1.41M in Q2 2026.
How has Helmerich & Payne's other income, net (note 6) changed year-over-year?
Helmerich & Payne's other income, net (note 6) decreased by 104.5% year-over-year, from $31.26M to -$1.41M.
What is the long-term trend for Helmerich & Payne's other income, net (note 6)?
Over 3 years (2021 to 2024), Helmerich & Payne's other income, net (note 6) has grown at a -18.2% compound annual growth rate (CAGR), from $5.65M to $3.09M.
What does other income, net (note 6) mean?
This captures miscellaneous financial items that fall outside the scope of core operating activities, such as foreign exchange gains or losses, minor investment income, or non-recurring legal settlements. It serves as a catch-all for peripheral financial events that do not stem from the primary business operations. Investors monitor this to isolate core earnings from transient or incidental financial fluctuations.

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