The financials
Helmerich & Payne, Inc. by the numbers
Helmerich & Payne, Inc. (HP) reported revenue of $1.03B in Q3 2026 (quarter ended June 30, 2026), down 0.6% from the same quarter a year earlier. That came with a gross margin of 34% and net income of $76M (7.3% of revenue). For the full year FY2025, revenue was $3.75B (+36% year on year) and net income −$164M. Its largest region in 2026-Q1 was US at $548M, 59% of the disclosed total, just ahead of Other Foreign at 9.3%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $1.03B | $1.04B | −0.6% |
| Gross profit | $350M | $337M | +3.9% |
| Operating income | $188M | −$128M | to a profit |
| Net income | $76M | −$163M | to a profit |
| Diluted EPS | $0.74 | −$1.64 | to a profit |
| Geographic | Revenue | Share |
|---|---|---|
| US | $548M | 59% |
| Other Foreign | $87M | 9.3% |
| NO | $86M | 9.2% |
| SA | $66M | 7.0% |
| OM | $63M | 6.8% |
| AZ | $47M | 5.0% |
| AR | $36M | 3.9% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q1 2026Total $932.4M (-8.3%)
NO grew +9.9% year on yearSA -31% year on year
Segment Latestquarter on quarteryear on year
- US$547.8M$547.8MQoQ -8.5%year on year -6.9%-8.5%-6.9%
- Other Foreign$87.0M$87.0MQoQ +5.1%year on year -11%+5.1%-11%
- NO$86.0M$86.0MQoQ -3.0%year on year +9.9%-3.0%+9.9%
- SA$65.6M$65.6MQoQ -1.1%year on year -31%-1.1%-31%
- OM$63.2M$63.2MQoQ -6.6%year on year -9.2%-6.6%-9.2%
- AZ$46.8M$46.8MQoQ -9.9%year on year +9.3%-9.9%+9.3%
- AR$35.9M$35.9MQoQ +0.96%year on year -20%+0.96%-20%
- BH--QoQ -year on year ---
- CO--QoQ -year on year ---
- DE--QoQ -year on year ---
- KW--QoQ -year on year ---
Oil & Gas Drilling
Ranks #7 of 9 by Smart Score