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

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

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.