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Helmerich & Payne HP Total Revenue

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Segments

By geography

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United States$621.62M
Argentina$35.88M
Azerbaijan$0
Norway$0
Oman$0
Saudi Arabia$0

By segment

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North America Solutions$562.9M-4.9%
Offshore Solutions$174.41M+7.8%

By product

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Reimbursements Received for Out-of-Pocket Expenses$431.2M+28.9%

Other financials

Income statement

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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:Revenues.

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
OPERATING REVENUES
Drilling services$986,882$1,037,876$2,874,433$2,724,883
Other47,9743,048109,8119,382
1,034,8561,040,9242,984,2442,734,265
OPERATING COSTS AND EXPENSES
Drilling services operating expenses, excluding depreciation and amortization684,913704,2242,028,8731,816,797
Other operating expenses44,48931,059100,54835,700
Depreciation and amortization180,960179,491543,613436,228

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Helmerich & Payne's total revenue?
Helmerich & Payne (HP) reported total revenue of $1.03B in Q2 2026.
How has Helmerich & Payne's total revenue changed year-over-year?
Helmerich & Payne's total revenue decreased by 0.6% year-over-year, from $1.04B to $1.03B.
What is the long-term trend for Helmerich & Payne's total revenue?
Over 4 years (2021 to 2025), Helmerich & Payne's total revenue has grown at a 32.4% compound annual growth rate (CAGR), from $1.22B to $3.75B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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