Helmerich & Payne HP Business Segments
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Operating revenues by Business | ||||||
| North America Solutions | $517.25M-13.7% | $563.94M-5.7% | $572.27M-7.4% | $592.21M-4.5% | $599.69M-2.2% | |
| Offshore Solutions | $171.38M+15.0% | $188.28M+545% | —— | $161.78M+494% | $149.08M— | |
| Operating Income (Loss) by Business | ||||||
| North America Solutions | $111.33M-26.7% | $36.21M-76.2% | $118.16M-24.1% | $157.65M-3.5% | $151.94M+3.2% | |
| Offshore Solutions | $14.02M-19.3% | $16.44M+369% | —— | $8.77M+75.0% | $17.38M— | |
| Total Assets by Business | ||||||
| International Solutions | $2.39B— | $2.35B— | $2.43B+254% | $2.5B— | —— | |
| North America Solutions | $2.76B-11.8% | $2.78B-10.4% | $2.96B-8.3% | $3.1B-7.2% | $3.13B-7.2% | |
| Offshore Solutions | $695.32M— | $691.51M— | $714.71M+877% | $645.61M— | —— | |
| Other | $291.65M-25.4% | $363.43M+122% | $360.04M+128% | $324.75M+89.3% | $391.02M+157% | |
| Acquisition transaction and integration costs by Business | ||||||
| North America Solutions | $0-100% | $0— | —— | —— | $34K— | |
| Offshore Solutions | $352K+487% | $573K— | —— | —— | $60K— | |
| SG&A by Business | ||||||
| North America Solutions | $13.4M-13.5% | $14.02M-11.3% | —— | —— | $15.48M+1.3% | |
| Offshore Solutions | $2.65M+175% | $1.04M-1.9% | —— | —— | $964K+7.3% | |
| Direct operating expenses by Business | ||||||
| North America Solutions | $302.04M-9.6% | $325.13M-2.2% | —— | —— | $334.07M-2.2% | |
| Offshore Solutions | $144.5M+17.6% | $157.28M+594% | —— | —— | $122.9M+495% | |
| Foreign currency translation adjustment by Business | ||||||
| North America Solutions | $0— | $0— | $0— | $0— | $0— | |
| Offshore Solutions | $1.22M-44.8% | -$278K-113% | $2.21M— | $2.21M— | $2.21M— | |
| Restructuring Charges by Business | ||||||
| North America Solutions | $402K-61.0% | $0-100% | $1.03M— | $1.03M— | $1.03M— | |
| Offshore Solutions | $0— | $0— | —— | —— | —— | |
| R&D by Business | ||||||
| North America Solutions | $7.12M-25.1% | $6.41M-32.1% | —— | —— | $9.5M-8.0% | |
| Offshore Solutions | $0— | $0— | —— | —— | $0— | |
| Asset impairment charges by Business | ||||||
| International Solutions Segment | $26.1M— | $0— | —— | —— | $0— | |
| North America Solutions | $0-100% | $97.92M— | $7K— | —— | $1.51M— | |
| Offshore Solutions | $0— | $2.13M— | —— | —— | $0— | |
| Goodwill by Business | ||||||
| North America Solutions | $45.65M0.0% | $45.65M— | $45.65M0.0% | $45.65M— | $45.65M— | |
| Offshore Solutions | $138.14M+13.3% | $136.92M— | $137.2M— | $120.91M— | $121.91M— | |
| D&A by Business | ||||||
| North America Solutions | $82.96M-4.8% | $84.24M-4.6% | —— | —— | $87.15M-4.9% | |
| Offshore Solutions | $9.86M+26.8% | $10.82M+446% | —— | —— | $7.78M— | |
| Operating revenues by Geography | ||||||
| Argentina | $35.93M-20.1% | $35.59M+2.7% | $36.48M+5.8% | $39.63M+4.1% | $44.95M+32.1% | |
| Azerbaijan | $46.75M+9.3% | $51.88M— | $47.33M— | $38.92M— | $42.76M— | |
| Norway | $86.03M+9.9% | $88.69M— | $59.1M— | $82.85M— | $78.31M— | |
| Oman | $63.2M-9.2% | $67.66M— | $64.86M— | $45.09M— | $69.62M— | |
| Other foreign | $87.05M-10.7% | $82.81M+672% | $78.54M+1,025% | $26.73M+330% | $97.46M+1,208% | |
| Saudi Arabia | $65.58M-30.7% | $66.3M+1,952% | $60.07M— | $103.75M— | $94.69M— | |
| United States | $547.82M-6.9% | $598.39M-4.8% | $605.3M-6.5% | $659.36M+1.6% | $588.25M-8.2% | |
| Property, plant and equipment, net by Geography | ||||||
| Oman | $439.43M-6.3% | $430.47M— | $445.71M— | $449.85M— | $468.83M— | |
| Other foreign | $402.72M+271% | $379.62M— | $392.88M+1,101% | $108.75M— | $108.6M— | |
| Saudi Arabia | $835.59M-16.3% | $945.62M— | $971.44M+550% | $991.64M— | $998.54M— | |
| United States | $2.3B-12.4% | $2.34B— | $2.5B-9.1% | $2.58B— | $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.