# HELMERICH & PAYNE, INC. (HP) FY2026 Q3 P&L / Income Statement - Company: HELMERICH & PAYNE, INC. (HP) - Period: 2026-04-01 to 2026-06-30 - Filing: Q3 FY2026 10-Q, filed 2026-08-06, accession number 0000046765-26-000042 - Page: https://plicit.ai/financials/hp/fy2026-q3-income-statement - Chart image: https://plicit.ai/charts/hp-fy2026-q3-income-statement-sankey.png ## Chart details: Revenue by Product and Service 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. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/hp/fy2026-q3-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/hp-fy2026-q3-revenue-by-geography-sankey.png Income statement for 2026-04-01 through 2026-06-30. View: Geography. 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 - **UNITED STATES**: 592,664,000 US dollars - **NORWAY**: 90,058,000 US dollars - **SAUDI ARABIA**: 74,258,000 US dollars - **OMAN**: 65,611,000 US dollars - **AZERBAIJAN**: 44,758,000 US dollars - **ARGENTINA**: 50,240,000 US dollars - **Other foreign**: 117,267,000 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. ## Chart details: Revenue by Business Segment (2) - Page: https://plicit.ai/financials/hp/fy2026-q3-income-statement/revenue-by-business-segment-2 - Chart image: https://plicit.ai/charts/hp-fy2026-q3-revenue-by-business-segment-2-sankey.png Income statement for 2026-04-01 through 2026-06-30. View: Business segment (Operating Segments Excluding Intersegment Elimination). 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 - **International Solutions**: 250,117,000 US dollars - **North America Solutions**: 562,902,000 US dollars - **Offshore Solutions**: 174,409,000 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 - **Revenue before reconciliation (calculated)**: 987,428,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Elimination of intersegment revenues**: negative 22,337,000 US dollars. Reported reconciliation to consolidated revenue. - **All other revenues**: 69,765,000 US dollars. Reported reconciliation to consolidated revenue. - **International Solutions costs (calculated)**: 304,335,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **North America Solutions costs (calculated)**: 422,253,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Offshore Solutions costs (calculated)**: 157,609,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: negative 37,552,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. ### 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. - Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue. - Of which attributable to HELMERICH & PAYNE, INC.: $75.68 M; to noncontrolling interests: $2.48 M. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/hp/fy2026-q3-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/hp-fy2026-q3-revenue-by-business-segment-sankey.png Income statement for 2026-04-01 through 2026-06-30. View: Business segment. 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 - **North America Solutions**: 562,565,000 US dollars - **International Solutions**: 249,907,000 US dollars - **Offshore Solutions**: 174,409,000 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 - **Revenue before reconciliation (calculated)**: 986,881,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **All other revenues**: 69,765,000 US dollars. Reported reconciliation to consolidated revenue. - **Elimination of intersegment revenues**: negative 22,337,000 US dollars. Reported reconciliation to consolidated revenue. - **North America Solutions**: 337,000 US dollars. Reported reconciliation to consolidated revenue. - **International Solutions**: 210,000 US dollars. Reported reconciliation to consolidated revenue. - **Offshore Solutions**: 0 US dollars. Reported reconciliation to consolidated revenue. - **North America Solutions costs (calculated)**: 422,253,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **International Solutions costs (calculated)**: 304,335,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Offshore Solutions costs (calculated)**: 157,609,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: negative 37,552,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. ### 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. - Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue. - Of which attributable to HELMERICH & PAYNE, INC.: $75.68 M; to noncontrolling interests: $2.48 M.