Helmerich & Payne Quarterly Income Statement
NYSE: HPEnergyOil & Gas DrillingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Helmerich & Payne revenue and earnings
In the quarter ended Jun 30, 2026, Helmerich & Payne generated $1.03 billion in revenue, down 0.6% from the same quarter a year earlier. Net income was $75.7 million, for a net margin of 7.3% versus a median of -6.3% in the prior 5 quarters. Gross margin was 33.8% (up from 32.3%) and operating margin 18.2%.
Diluted earnings per share came in at $0.74.
Summary generated from market data by MetaCap's automated system. Methodology
Helmerich & Payne income statement (quarterly)
| Quarter (USD) | Q3 20262026-06-30 | Q2 20262026-03-31 | Q1 20262025-12-31 | Q4 20252025-09-30 | Q3 20252025-06-30 | Q2 20252025-03-31 | Q1 20252024-12-31 | Q4 20242024-09-30 | Q3 20242024-06-30 | Q2 20242024-03-31 | Q1 20242023-12-31 | Q4 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.03B | 932.36M | 1.02B | 1.01B | 1.04B | 1.02B | 677.30M | 693.79M | 697.72M | 687.94M | 677.15M | 659.61M |
| Revenue growth (YoY) | -0.58% | -8.24% | +50.16% | +45.83% | +49.19% | +47.69% | +0.02% | +5.18% | -3.62% | -10.57% | -5.90% | +4.48% |
| Cost of Revenue | 684.91M | 661.18M | 682.78M | 694.61M | 704.22M | 701.66M | 410.92M | 407.02M | 414.88M | 401.30M | 403.30M | 402.06M |
| Gross Profit | 349.94M | 271.18M | 334.25M | 317.14M | 336.70M | 314.38M | 266.39M | 286.78M | 282.84M | 286.64M | 273.84M | 257.55M |
| Operating Expenses | 161.73M | 308.10M | 394.16M | 318.60M | 464.97M | 272.22M | 175.50M | 179.19M | 169.39M | 175.48M | 150.38M | 157.41M |
| Research & Development | 5.91M | 7.02M | 6.65M | 7.57M | 7.78M | 9.42M | 9.36M | 8.85M | 10.55M | 12.91M | 8.61M | 7.38M |
| Selling, General & Admin | 65.85M | 71.08M | 70.44M | 77.64M | 65.51M | 80.80M | 63.10M | 66.92M | 60.19M | 61.18M | 56.58M | 56.11M |
| Operating Income | 188.21M | -36.92M | -59.91M | -1.46M | -128.27M | 42.16M | 90.89M | 107.59M | 113.46M | 111.17M | 123.47M | 100.14M |
| Interest Expense | 24.44M | 25.81M | 25.61M | 27.97M | 29.20M | 28.34M | 22.30M | 16.12M | 4.34M | 4.26M | 4.37M | 4.37M |
| Other Income (Expense) | -37.69M | -9.64M | -23.82M | -60.61M | -4.64M | 2.29M | -14.47M | 8.77M | 8.93M | 5.86M | 1.78M | 12.58M |
| Pretax Income | 150.52M | -46.56M | -83.73M | -62.07M | -132.91M | 44.45M | 76.42M | 116.35M | 122.39M | 117.03M | 125.25M | 112.71M |
| Income Tax | 72.36M | 9.30M | 11.20M | -6.26M | 28.99M | 41.46M | 21.65M | 40.88M | 33.70M | 32.19M | 30.08M | 35.09M |
| Net Income | 75.68M | -58.61M | -96.71M | -57.36M | -162.76M | 1.65M | 54.77M | 75.48M | 88.69M | 84.83M | 95.17M | 77.62M |
| Net Income growth (YoY) | — | -3643.47% | -276.56% | -176.00% | -283.52% | -98.05% | -42.45% | -2.76% | -6.93% | -48.29% | -2.03% | +70.45% |
| EPS (Basic) | 0.74 | -0.59 | -0.98 | -0.58 | -1.64 | 0.01 | 0.55 | 0.74 | 0.89 | 0.85 | 0.95 | 0.78 |
| EPS (Diluted) | 0.74 | -0.59 | -0.98 | -0.57 | -1.64 | 0.01 | 0.54 | 0.77 | 0.88 | 0.84 | 0.94 | 0.77 |
| Shares Outstanding (Basic) | 99.93M | 99.88M | 99.54M | — | 99.42M | 99.36M | 98.87M | — | 98.75M | 98.77M | 99.14M | — |
| Shares Outstanding (Diluted) | 100.03M | 99.88M | 99.54M | — | 99.42M | 99.38M | 99.16M | — | 99.01M | 99.05M | 99.63M | — |
| EBITDA | 369.17M | 143.81M | 122.01M | 187.40M | 51.22M | 199.82M | 189.97M | 208.58M | 211.27M | 215.71M | 217.46M | 194.73M |
| Gross Margin | 33.82% | 29.09% | 32.87% | 31.35% | 32.35% | 30.94% | 39.33% | 41.33% | 40.54% | 41.67% | 40.44% | 39.05% |
| Operating Margin | 18.19% | -3.96% | -5.89% | -14.00% | -12.32% | 4.15% | 13.42% | 15.51% | 16.26% | 16.16% | 18.23% | 15.18% |
| Net Margin | 7.31% | -6.29% | -9.51% | -5.67% | -15.64% | 16.00% | 8.09% | 10.88% | 12.71% | 12.33% | 14.05% | 11.77% |
This table shows 12 quarterly periods of Helmerich & Payne's income statement, from Q3 2026 back to Q4 2023, 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?