Helmerich & Payne HP Business Segments
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Operating revenues by Business | ||||||
| North America Solutions | $517.25M-8.3% | $563.94M-1.5% | $572.27M-3.4% | $592.21M-1.2% | $599.69M+0.3% | |
| Offshore Solutions | $171.38M-9.0% | $188.28M— | —— | $161.78M+8.5% | $149.08M+410% | |
| Operating Income (Loss) by Business | ||||||
| North America Solutions | $111.33M+207% | $36.21M-69.4% | $118.16M-25.0% | $157.65M+3.8% | $151.94M-0.2% | |
| Offshore Solutions | $14.02M-14.7% | $16.44M— | —— | $8.77M-49.5% | $17.38M+396% | |
| Total Assets by Business | ||||||
| International Solutions | $2.39B+1.4% | $2.35B-3.1% | $2.43B-3.1% | $2.5B— | —— | |
| North America Solutions | $2.76B-0.5% | $2.78B-6.0% | $2.96B-4.6% | $3.1B-1.1% | $3.13B+1.0% | |
| Offshore Solutions | $695.32M+0.6% | $691.51M-3.2% | $714.71M+10.7% | $645.61M— | —— | |
| Other | $291.65M-19.8% | $363.43M+0.9% | $360.04M+10.9% | $324.75M-16.9% | $391.02M+139% | |
| Acquisition transaction and integration costs by Business | ||||||
| North America Solutions | $0— | $0— | —— | —— | $34K— | |
| Offshore Solutions | $352K-38.6% | $573K— | —— | —— | $60K— | |
| SG&A by Business | ||||||
| North America Solutions | $13.4M-4.4% | $14.02M— | —— | —— | $15.48M-2.1% | |
| Offshore Solutions | $2.65M+154% | $1.04M— | —— | —— | $964K-9.4% | |
| Direct operating expenses by Business | ||||||
| North America Solutions | $302.04M-7.1% | $325.13M— | —— | —— | $334.07M+0.5% | |
| Offshore Solutions | $144.5M-8.1% | $157.28M— | —— | —— | $122.9M+442% | |
| Foreign currency translation adjustment by Business | ||||||
| North America Solutions | $0— | $0— | $0— | $0— | $0— | |
| Offshore Solutions | $1.22M+538% | -$278K-113% | $2.21M0.0% | $2.21M0.0% | $2.21M0.0% | |
| Restructuring Charges by Business | ||||||
| North America Solutions | $402K— | $0-100% | $1.03M0.0% | $1.03M0.0% | $1.03M0.0% | |
| Offshore Solutions | $0— | $0— | —— | —— | —— | |
| R&D by Business | ||||||
| North America Solutions | $7.12M+11.0% | $6.41M— | —— | —— | $9.5M+0.7% | |
| Offshore Solutions | $0— | $0— | —— | —— | $0— | |
| Asset impairment charges by Business | ||||||
| International Solutions Segment | $26.1M— | $0— | —— | —— | $0— | |
| North America Solutions | $0-100% | $97.92M+1,398,786% | $7K— | —— | $1.51M— | |
| Offshore Solutions | $0-100% | $2.13M— | —— | —— | $0— | |
| Goodwill by Business | ||||||
| North America Solutions | $45.65M0.0% | $45.65M0.0% | $45.65M0.0% | $45.65M0.0% | $45.65M— | |
| Offshore Solutions | $138.14M+0.9% | $136.92M-0.2% | $137.2M+13.5% | $120.91M-0.8% | $121.91M— | |
| D&A by Business | ||||||
| North America Solutions | $82.96M-1.5% | $84.24M— | —— | —— | $87.15M-1.3% | |
| Offshore Solutions | $9.86M-8.9% | $10.82M— | —— | —— | $7.78M+293% | |
| Operating revenues by Geography | ||||||
| Argentina | $35.93M+1.0% | $35.59M-2.4% | $36.48M-8.0% | $39.63M-11.8% | $44.95M+29.7% | |
| Azerbaijan | $46.75M-9.9% | $51.88M+9.6% | $47.33M+21.6% | $38.92M-9.0% | $42.76M— | |
| Norway | $86.03M-3.0% | $88.69M+50.1% | $59.1M-28.7% | $82.85M+5.8% | $78.31M— | |
| Oman | $63.2M-6.6% | $67.66M+4.3% | $64.86M+43.8% | $45.09M-35.2% | $69.62M— | |
| Other foreign | $87.05M+5.1% | $82.81M+5.4% | $78.54M+194% | $26.73M-72.6% | $97.46M+808% | |
| Saudi Arabia | $65.58M-1.1% | $66.3M+10.4% | $60.07M-42.1% | $103.75M+9.6% | $94.69M+2,831% | |
| United States | $547.82M-8.5% | $598.39M-1.1% | $605.3M-8.2% | $659.36M+12.1% | $588.25M-6.4% | |
| Property, plant and equipment, net by Geography | ||||||
| Oman | $439.43M+2.1% | $430.47M-3.4% | $445.71M-0.9% | $449.85M-4.0% | $468.83M— | |
| Other foreign | $402.72M+6.1% | $379.62M-3.4% | $392.88M+261% | $108.75M+0.1% | $108.6M— | |
| Saudi Arabia | $835.59M-11.6% | $945.62M-2.7% | $971.44M-2.0% | $991.64M-0.7% | $998.54M— | |
| United States | $2.3B-1.9% | $2.34B-6.3% | $2.5B-2.9% | $2.58B-1.8% | $2.62B— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Helmerich & Payne break its business down?
- Helmerich & Payne (HP) reports operating revenues by business across 2 parts — North America Solutions and Offshore Solutions. Each is extracted from the segment footnotes and tracked over time.
- Where does Helmerich & Payne's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Helmerich & Payne's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.