Helmerich & Payne Inc (HP) financials
Helmerich & Payne revenue and earnings by year
Helmerich & Payne's revenue was $3.75 billion in the fiscal year to September 30, 2025, up 35.9% from the year before. Net income was -$164 million, -4.4% of revenue. Since the fiscal year to September 30, 2016, revenue has grown 9.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.75 | 2.76 | 2.87 | 2.06 | 1.22 | 1.77 | 2.80 | 2.49 | 1.80 | 1.62 |
| Revenue growth | 35.9% | -4.0% | 39.5% | 69.0% | -31.3% | -36.6% | 12.5% | 37.8% | 11.1% | — |
| Gross profit | 1.23 | 1.13 | 1.16 | 0.63 | 0.27 | 0.59 | 1.00 | 0.84 | 0.56 | 0.73 |
| Gross margin | 33.0% | 41.1% | 40.5% | 30.7% | 21.8% | 33.2% | 35.6% | 33.8% | 30.8% | 44.7% |
| Operating income | 0.00 | 0.46 | 0.57 | 0.05 | -0.43 | -0.62 | 0.02 | 0.03 | -0.17 | -0.03 |
| Operating margin | 0.1% | 16.6% | 19.8% | 2.2% | -35.2% | -35.0% | 0.7% | 1.3% | -9.4% | -1.6% |
| Net income | -0.16 | 0.34 | 0.43 | 0.01 | -0.33 | -0.49 | -0.03 | 0.48 | -0.13 | -0.06 |
| Net margin | -4.4% | 12.5% | 15.1% | 0.3% | -26.8% | -27.9% | -1.2% | 19.4% | -7.1% | -3.5% |
| Diluted EPS | -$1.66 | $3.43 | $4.16 | $0.05 | -$3.04 | -$4.59 | -$0.33 | $4.37 | -$1.20 | -$0.54 |
| Free cash flow | 0.12 | 0.19 | 0.44 | -0.04 | 0.13 | 0.40 | 0.40 | 0.09 | -0.03 | 0.50 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open HP in Markets.
How Helmerich & Payne makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| North America Solutions | $563M | 57.0% |
| International Solutions | $250M | 25.3% |
| Offshore Solutions | $174M | 17.7% |
See also: HP valuation and P/E history · HP returns
No forecast, no recommendation. This page describes Helmerich & Payne Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.