Helmerich & Payne Financial Statements
NYSE: HPEnergyOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Helmerich & Payne revenue and earnings
In fiscal 2025, Helmerich & Payne generated $3.75 billion in revenue, up 35.9% from fiscal 2024. Helmerich & Payne reported a net loss of $163.7 million, compared with net income of $344.2 million a year earlier. Gross margin was 33.0% (down from 41.1%) and operating margin 0.1%.
Diluted earnings per share came in at -$1.66, down from $3.43. Over the last 5 fiscal years, HP's revenue has grown at a 16.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Helmerich & Payne income statement (annual)
| Fiscal year (USD) | FY 20252025-09-30 | FY 20242024-09-30 | FY 20232023-09-30 | FY 20222022-09-30 | FY 20212021-09-30 | FY 20202020-09-30 | FY 20192019-09-30 | FY 20182018-09-30 | FY 20172017-09-30 | FY 20162016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.75B | 2.76B | 2.87B | 2.06B | 1.22B | 1.77B | 2.80B | 2.49B | 1.80B | 1.62B |
| Revenue growth (YoY) | +35.89% | -4.03% | +39.51% | +68.96% | -31.31% | -36.61% | +12.51% | +37.82% | +11.11% | -48.63% |
| Cost of Revenue | 2.51B | 1.62B | 1.71B | 1.43B | 952.60M | 1.18B | 1.80B | 1.65B | 1.24B | — |
| Gross Profit | 1.23B | 1.13B | 1.16B | 632.36M | 265.97M | 589.14M | 995.29M | 839.71M | 560.01M | — |
| Operating Expenses | 1.23B | 674.48M | 595.51M | 587.06M | 694.52M | 1.21B | 974.70M | 806.75M | 729.09M | — |
| Research & Development | 34.13M | 40.95M | 30.10M | 26.56M | 21.72M | 21.64M | 27.47M | 18.17M | 12.05M | 10.27M |
| Selling, General & Admin | 287.05M | 244.88M | 206.69M | 182.37M | 172.19M | 167.51M | 194.42M | 199.26M | 147.55M | 146.18M |
| Operating Income | 3.32M | 457.45M | 568.31M | 45.29M | -428.55M | -620.19M | 20.58M | 32.96M | -169.09M | -25.97M |
| Interest Expense | 107.81M | 29.09M | 17.28M | 19.20M | 23.95M | 24.47M | 25.19M | 24.27M | 19.75M | 22.91M |
| Other Income (Expense) | -77.43M | 23.57M | 25.07M | -13.97M | -1.32M | -16.31M | -71.80M | -17.12M | -15.51M | -46.70M |
| Pretax Income | -74.11M | 481.02M | 593.38M | 31.32M | -429.87M | -636.50M | -51.22M | 15.84M | -184.60M | -72.67M |
| Income Tax | 85.83M | 136.85M | 159.28M | 24.37M | -103.72M | -140.11M | -18.71M | -477.17M | -56.73M | -19.68M |
| Net Income | -163.69M | 344.17M | 434.10M | 6.95M | -326.15M | -494.50M | -33.66M | 482.67M | -128.21M | -56.83M |
| Net Income growth (YoY) | -147.56% | -20.72% | +6143.35% | — | — | — | -106.97% | — | — | -113.52% |
| EPS (Basic) | -1.66 | 3.43 | 4.18 | 0.05 | -3.04 | -4.60 | -0.34 | 4.39 | -1.20 | -0.54 |
| EPS (Diluted) | -1.66 | 3.43 | 4.16 | 0.05 | -3.04 | -4.60 | -0.34 | 4.37 | -1.20 | -0.54 |
| Shares Outstanding (Basic) | 99.27M | 98.86M | 102.45M | 105.89M | 107.82M | 108.01M | 109.22M | 108.85M | 108.50M | 108.00M |
| Shares Outstanding (Diluted) | 99.27M | 99.07M | 102.85M | 106.56M | 107.82M | 108.01M | 109.22M | 109.39M | 108.50M | 108.00M |
| EBITDA | 628.40M | 854.79M | 950.62M | 448.46M | -8.82M | -138.30M | 583.38M | 616.77M | 416.46M | 572.62M |
| Gross Margin | 32.96% | 41.06% | 40.52% | 30.71% | 21.83% | 33.21% | 35.57% | 33.76% | 31.03% | — |
| Operating Margin | 9.00% | 16.59% | 19.78% | 2.20% | -35.17% | -34.96% | 74.00% | 133.00% | -9.37% | -1.60% |
| Net Margin | -4.37% | 12.49% | 15.11% | 34.00% | -26.77% | -27.88% | -120.00% | 19.41% | -7.10% | -3.50% |
This table shows 10 annual periods of Helmerich & Payne's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow HP's reporting calendar. What is a income statement?