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Helmerich & Payne HP Total costs & expenses

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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:CostsAndExpenses.

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
Gain on involuntary conversion(13,581)(13,581)
Gain on reimbursement of drilling equipment(6,036)(6,773)(18,099)(26,149)
Other (gain) loss on sale of assets(120,044)1,347(119,423)2,136
846,6451,169,1932,892,8642,729,485
OPERATING INCOME (LOSS)188,211(128,269)91,3804,780
Other income (expense)
Interest and dividend income2,2802,8567,19331,854
Interest expense(24,439)(29,200)(75,860)(79,836)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Helmerich & Payne's total costs & expenses?
Helmerich & Payne (HP) reported total costs & expenses of $846.65M in Q2 2026.
How has Helmerich & Payne's total costs & expenses changed year-over-year?
Helmerich & Payne's total costs & expenses decreased by 27.6% year-over-year, from $1.17B to $846.65M.
What is the long-term trend for Helmerich & Payne's total costs & expenses?
Over 4 years (2021 to 2025), Helmerich & Payne's total costs & expenses has grown at a 22.8% compound annual growth rate (CAGR), from $1.65B to $3.74B.
What does total costs & expenses mean?
This represents the aggregate of all operating and non-operating costs incurred by the company to generate revenue and maintain business operations. It encompasses direct service costs, administrative overhead, depreciation, and one-time charges such as impairments or restructuring. Analyzing this total provides a comprehensive view of the company's overall cost structure and operational scale.

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