# HELMERICH & PAYNE, INC. (HP) FY2026 YTD Q3 P&L / Income Statement - Company: HELMERICH & PAYNE, INC. (HP) - Period: 2025-10-01 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-ytd-q3-income-statement - Chart image: https://plicit.ai/charts/hp-fy2026-ytd-q3-income-statement-sankey.png ## Chart details: Revenue by Product and Service Income statement for 2025-10-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total operating revenues**: 2,984,244,000 US dollars - **Cost of revenue (calculated)**: 2,129,421,000 US dollars - **Gross profit (calculated)**: 854,823,000 US dollars - **Operating expenses (calculated)**: 763,443,000 US dollars - **OPERATING INCOME (LOSS)**: 91,380,000 US dollars - **Total other income (expense)**: negative 71,154,000 US dollars - **Income (loss) before income taxes**: 20,226,000 US dollars - **Income tax expense**: 92,861,000 US dollars - **NET INCOME (LOSS)**: negative 72,635,000 US dollars - **Drilling services**: 2,874,433,000 US dollars - **Other**: 109,811,000 US dollars - **Drilling services operating expenses, excluding depreciation and amortization**: 2,028,873,000 US dollars - **Other operating expenses**: 100,548,000 US dollars - **Research and development**: 19,571,000 US dollars - **Other (gain) loss on sale of assets**: negative 119,423,000 US dollars - **Depreciation and amortization**: 543,613,000 US dollars - **Acquisition transaction and integration costs**: 7,814,000 US dollars - **Gain on reimbursement of drilling equipment**: negative 18,099,000 US dollars - **Selling, general and administrative**: 207,373,000 US dollars - **Asset impairment charges**: 130,340,000 US dollars - **Restructuring charges**: 5,835,000 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.: −$79.63 M; to noncontrolling interests: $7.00 M. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/hp/fy2026-ytd-q3-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/hp-fy2026-ytd-q3-revenue-by-geography-sankey.png Income statement for 2025-10-01 through 2026-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total operating revenues**: 2,984,244,000 US dollars - **Cost of revenue (calculated)**: 2,129,421,000 US dollars - **Gross profit (calculated)**: 854,823,000 US dollars - **Operating expenses (calculated)**: 763,443,000 US dollars - **OPERATING INCOME (LOSS)**: 91,380,000 US dollars - **Total other income (expense)**: negative 71,154,000 US dollars - **Income (loss) before income taxes**: 20,226,000 US dollars - **Income tax expense**: 92,861,000 US dollars - **NET INCOME (LOSS)**: negative 72,635,000 US dollars - **UNITED STATES**: 1,738,869,000 US dollars - **NORWAY**: 264,771,000 US dollars - **SAUDI ARABIA**: 206,140,000 US dollars - **OMAN**: 196,475,000 US dollars - **AZERBAIJAN**: 143,390,000 US dollars - **ARGENTINA**: 121,767,000 US dollars - **Other foreign**: 312,832,000 US dollars - **Drilling services operating expenses, excluding depreciation and amortization**: 2,028,873,000 US dollars - **Other operating expenses**: 100,548,000 US dollars - **Research and development**: 19,571,000 US dollars - **Other (gain) loss on sale of assets**: negative 119,423,000 US dollars - **Depreciation and amortization**: 543,613,000 US dollars - **Acquisition transaction and integration costs**: 7,814,000 US dollars - **Gain on reimbursement of drilling equipment**: negative 18,099,000 US dollars - **Selling, general and administrative**: 207,373,000 US dollars - **Asset impairment charges**: 130,340,000 US dollars - **Restructuring charges**: 5,835,000 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.: −$79.63 M; to noncontrolling interests: $7.00 M. ## Chart details: Revenue by Business Segment (2) - Page: https://plicit.ai/financials/hp/fy2026-ytd-q3-income-statement/revenue-by-business-segment-2 - Chart image: https://plicit.ai/charts/hp-fy2026-ytd-q3-revenue-by-business-segment-2-sankey.png Income statement for 2025-10-01 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**: 2,984,244,000 US dollars - **Cost of revenue (calculated)**: 2,129,421,000 US dollars - **Gross profit (calculated)**: 854,823,000 US dollars - **Operating expenses (calculated)**: 763,443,000 US dollars - **OPERATING INCOME (LOSS)**: 91,380,000 US dollars - **Total other income (expense)**: negative 71,154,000 US dollars - **Income (loss) before income taxes**: 20,226,000 US dollars - **Income tax expense**: 92,861,000 US dollars - **NET INCOME (LOSS)**: negative 72,635,000 US dollars - **International Solutions**: 702,726,000 US dollars - **North America Solutions**: 1,644,085,000 US dollars - **Offshore Solutions**: 534,069,000 US dollars - **Drilling services operating expenses, excluding depreciation and amortization**: 2,028,873,000 US dollars - **Other operating expenses**: 100,548,000 US dollars - **Research and development**: 19,571,000 US dollars - **Other (gain) loss on sale of assets**: negative 119,423,000 US dollars - **Depreciation and amortization**: 543,613,000 US dollars - **Acquisition transaction and integration costs**: 7,814,000 US dollars - **Gain on reimbursement of drilling equipment**: negative 18,099,000 US dollars - **Selling, general and administrative**: 207,373,000 US dollars - **Asset impairment charges**: 130,340,000 US dollars - **Restructuring charges**: 5,835,000 US dollars - **Gain on involuntary conversion**: negative 13,581,000 US dollars - **Revenue before reconciliation (calculated)**: 2,880,880,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Elimination of intersegment revenues**: negative 72,914,000 US dollars. Reported reconciliation to consolidated revenue. - **All other revenues**: 176,278,000 US dollars. Reported reconciliation to consolidated revenue. - **International Solutions costs (calculated)**: 906,567,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **North America Solutions costs (calculated)**: 1,355,295,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Offshore Solutions costs (calculated)**: 486,817,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: 144,185,000 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.: −$79.63 M; to noncontrolling interests: $7.00 M. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/hp/fy2026-ytd-q3-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/hp-fy2026-ytd-q3-revenue-by-business-segment-sankey.png Income statement for 2025-10-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total operating revenues**: 2,984,244,000 US dollars - **Cost of revenue (calculated)**: 2,129,421,000 US dollars - **Gross profit (calculated)**: 854,823,000 US dollars - **Operating expenses (calculated)**: 763,443,000 US dollars - **OPERATING INCOME (LOSS)**: 91,380,000 US dollars - **Total other income (expense)**: negative 71,154,000 US dollars - **Income (loss) before income taxes**: 20,226,000 US dollars - **Income tax expense**: 92,861,000 US dollars - **NET INCOME (LOSS)**: negative 72,635,000 US dollars - **North America Solutions**: 1,643,150,000 US dollars - **International Solutions**: 697,222,000 US dollars - **Offshore Solutions**: 534,069,000 US dollars - **Drilling services operating expenses, excluding depreciation and amortization**: 2,028,873,000 US dollars - **Other operating expenses**: 100,548,000 US dollars - **Research and development**: 19,571,000 US dollars - **Other (gain) loss on sale of assets**: negative 119,423,000 US dollars - **Depreciation and amortization**: 543,613,000 US dollars - **Acquisition transaction and integration costs**: 7,814,000 US dollars - **Gain on reimbursement of drilling equipment**: negative 18,099,000 US dollars - **Selling, general and administrative**: 207,373,000 US dollars - **Asset impairment charges**: 130,340,000 US dollars - **Restructuring charges**: 5,835,000 US dollars - **Gain on involuntary conversion**: negative 13,581,000 US dollars - **Revenue before reconciliation (calculated)**: 2,874,441,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **All other revenues**: 176,278,000 US dollars. Reported reconciliation to consolidated revenue. - **Elimination of intersegment revenues**: negative 72,914,000 US dollars. Reported reconciliation to consolidated revenue. - **North America Solutions**: 935,000 US dollars. Reported reconciliation to consolidated revenue. - **International Solutions**: 5,504,000 US dollars. Reported reconciliation to consolidated revenue. - **Offshore Solutions**: 0 US dollars. Reported reconciliation to consolidated revenue. - **North America Solutions costs (calculated)**: 1,355,295,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **International Solutions costs (calculated)**: 906,567,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Offshore Solutions costs (calculated)**: 486,817,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: 144,185,000 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.: −$79.63 M; to noncontrolling interests: $7.00 M.