HELMERICH & PAYNE, INC. (HP) FY2026 Q3 P&L / Income Statement

HELMERICH & PAYNE, INC. (HP) FY2026 Q3 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total operating revenues

1,034,856,000 US dollars

Cost of revenue (calculated)

729,402,000 US dollars

Gross profit (calculated)

305,454,000 US dollars

Operating expenses (calculated)

117,243,000 US dollars

OPERATING INCOME (LOSS)

188,211,000 US dollars

Total other income (expense)

negative 37,692,000 US dollars

Income (loss) before income taxes

150,519,000 US dollars

Income tax expense

72,362,000 US dollars

NET INCOME (LOSS)

78,157,000 US dollars

Drilling services

986,882,000 US dollars

Other

47,974,000 US dollars

Drilling services operating expenses, excluding depreciation and amortization

684,913,000 US dollars

Other operating expenses

44,489,000 US dollars

Research and development

5,909,000 US dollars

Other (gain) loss on sale of assets

negative 120,044,000 US dollars

Depreciation and amortization

180,960,000 US dollars

Acquisition transaction and integration costs

1,671,000 US dollars

Gain on reimbursement of drilling equipment

negative 6,036,000 US dollars

Selling, general and administrative

65,849,000 US dollars

Asset impairment charges

1,153,000 US dollars

Restructuring charges

1,362,000 US dollars

Gain on involuntary conversion

negative 13,581,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Of which attributable to HELMERICH & PAYNE, INC.: $75.68 M; to noncontrolling interests: $2.48 M.