Helix Energy Solutions Group, Inc. (HLX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 287.95M | 334.16M | 376.96M | 302.29M | 278.06M | 355.13M | 342.42M | 364.8M | 296.21M | 335.16M | 395.67M | 308.82M | 250.08M | 287.82M | 272.55M | 162.61M | 150.13M | 168.66M | 180.72M | 161.94M |
| Revenue Growth % | 3.55% | -5.91% | 10.09% | -17.14% | -6.13% | 5.96% | -13.46% | 18.13% | 18.44% | 16.45% | 45.17% | 89.91% | 66.58% | 70.65% | 50.82% | 0.41% | -8.13% | 5.48% | -6.6% | -18.68% |
| Cost of Goods Sold | 279.12M | 283.53M | 310.94M | 287.34M | 250.53M | 296.27M | 276.75M | 289.31M | 276.66M | 285.88M | 315.13M | 253.47M | 234.9M | 256.45M | 233.33M | 163.97M | 168.73M | 174.02M | 177.72M | 158.81M |
| COGS % of Revenue | 96.93% | 84.85% | 82.49% | 95.06% | 90.1% | 83.43% | 80.82% | 79.31% | 93.4% | 85.3% | 79.64% | 82.08% | 93.93% | 89.1% | 85.61% | 100.83% | 112.4% | 103.18% | 98.34% | 98.07% |
| Gross Profit | 8.83M | 50.63M | 66.02M | 14.95M | 27.54M | 58.86M | 65.67M | 75.49M | 19.55M | 49.28M | 80.55M | 55.35M | 15.18M | 31.36M | 39.22M | -1.35M | -18.61M | -5.36M | 3M | 3.13M |
| Gross Margin % | 3.07% | 15.15% | 17.51% | 4.95% | 9.9% | 16.57% | 19.18% | 20.69% | 6.6% | 14.7% | 20.36% | 17.92% | 6.07% | 10.9% | 14.39% | -0.83% | -12.4% | -3.18% | 1.66% | 1.93% |
| Gross Profit Growth % | -67.94% | -13.98% | 0.54% | -80.2% | 40.83% | 19.44% | -18.47% | 36.38% | 28.78% | 57.12% | 105.39% | 4187.81% | 181.59% | 685.04% | 1207.17% | -143.26% | -227.25% | -139.15% | -91.34% | -89.42% |
| Operating Expenses | 22.14M | 38.37M | 18.17M | 18.1M | 19.37M | 27.98M | 21.13M | 22.29M | 20.68M | 22.97M | 44.32M | 35.14M | 23.49M | 36.49M | 26.99M | 17.62M | 14.37M | 21.5M | 13.35M | 14.07M |
| OpEx % of Revenue | 7.69% | 11.48% | 4.82% | 5.99% | 6.96% | 7.88% | 6.17% | 6.11% | 6.98% | 6.85% | 11.2% | 11.38% | 9.39% | 12.68% | 9.9% | 10.84% | 9.57% | 12.75% | 7.39% | 8.69% |
| Selling, General & Admin | 22.14M | 20.3M | 18.17M | 18.1M | 19.37M | 27.55M | 21.13M | 22.29M | 20.68M | 22.97M | 27.82M | 24.01M | 19.63M | 22.79M | 23.56M | 17.62M | 14.37M | 21.5M | 13.35M | 13.43M |
| SG&A % of Revenue | 7.69% | 6.08% | 4.82% | 5.99% | 6.96% | 7.76% | 6.17% | 6.11% | 6.98% | 6.85% | 7.03% | 7.77% | 7.85% | 7.92% | 8.65% | 10.84% | 9.57% | 12.75% | 7.39% | 8.29% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 0 | 0 | 0 | 429K | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 646K |
| Operating Income | -13.31M | 12.26M | 47.85M | -3.15M | 8.17M | 30.88M | 44.64M | 53.19M | -1.13M | 26.31M | 36.23M | 20.2M | -8.3M | -5.13M | 12.23M | -18.98M | -32.98M | -26.86M | -10.33M | -10.94M |
| Operating Margin % | -4.62% | 3.67% | 12.69% | -1.04% | 2.94% | 8.69% | 13.04% | 14.58% | -0.38% | 7.85% | 9.16% | 6.54% | -3.32% | -1.78% | 4.49% | -11.67% | -21.97% | -15.93% | -5.72% | -6.76% |
| Operating Income Growth % | -262.93% | -60.28% | 7.19% | -105.93% | 825.75% | 17.38% | 23.22% | 163.27% | 86.44% | 613.01% | 196.32% | 206.48% | 74.82% | 80.91% | 218.34% | -73.44% | -5841.8% | -3286.24% | -154.33% | -177.08% |
| EBITDA | -13.31M | 56.11M | 103.51M | 30.8M | 41.42M | 35.35M | 87.54M | 96.66M | 45.23M | 70.41M | 79.48M | 59.43M | 29.23M | 34.97M | 48.17M | 14.18M | 511K | 8.43M | 26.39M | 24M |
| EBITDA Margin % | -4.62% | 16.79% | 27.46% | 10.19% | 14.9% | 9.95% | 25.57% | 26.5% | 15.27% | 21.01% | 20.09% | 19.25% | 11.69% | 12.15% | 17.67% | 8.72% | 0.34% | 5% | 14.6% | 14.82% |
| EBITDA Growth % | -132.15% | 58.73% | 18.24% | -68.14% | -8.42% | -49.79% | 10.15% | 62.65% | 54.71% | 101.36% | 64.99% | 319.07% | 5620.94% | 314.9% | 82.55% | -40.91% | -98.5% | -75.92% | -50.21% | -50.17% |
| D&A (Non-Cash Add-back) | 0 | 43.85M | 55.66M | 33.95M | 33.25M | 4.47M | 42.9M | 43.47M | 46.35M | 44.1M | 43.25M | 39.23M | 37.54M | 40.1M | 35.94M | 33.16M | 33.49M | 35.29M | 36.72M | 34.94M |
| EBIT | -13.31M | 11.88M | 46.87M | -342K | 11.76M | 32.31M | 47.45M | 55.42M | -19.21M | -12.81M | 28.73M | 15.27M | -2.31M | 10.15M | -7.34M | -23.23M | -34.58M | -26.62M | -14M | -9.71M |
| Net Interest Income | 5.23M | -5.58M | -5.62M | -5.88M | -5.71M | -5.57M | -5.69M | -5.89M | -5.48M | -4.77M | -4.15M | -4.23M | -4.19M | -4.33M | -4.64M | -4.8M | -5.17M | -5.3M | -5.93M | -5.92M |
| Interest Income | 0 | 0 | 0 | 2.38M | 2.53M | 2.73M | 2.73M | 2.51M | 3.3M | 2.03M | 678K | 629K | 682K | 579K | 279K | 235K | 133K | 0 | 169K | 0 |
| Interest Expense | -5.23M | 5.58M | 5.62M | 8.25M | 8.24M | 8.31M | 8.41M | 8.4M | 8.78M | 6.8M | 4.83M | 4.86M | 4.87M | 4.91M | 4.92M | 5.03M | 5.31M | 5.3M | 6.1M | 5.92M |
| Other Income/Expense | -3.24M | -5.97M | -6.6M | -5.44M | -4.65M | -6.88M | -5.61M | -6.18M | -26.86M | -45.92M | -12.33M | -9.79M | 1.12M | 10.37M | -24.49M | -9.29M | -6.91M | -5.1M | -9.77M | -4.71M |
| Pretax Income | -16.56M | 6.3M | 41.25M | -8.6M | 3.52M | 24M | 39.03M | 47.01M | -27.98M | -19.61M | 23.9M | 10.41M | -7.18M | 5.24M | -12.26M | -28.27M | -39.89M | -31.96M | -20.1M | -15.65M |
| Pretax Margin % | -5.75% | 1.88% | 10.94% | -2.84% | 1.27% | 6.76% | 11.4% | 12.89% | -9.45% | -5.85% | 6.04% | 3.37% | -2.87% | 1.82% | -4.5% | -17.38% | -26.57% | -18.95% | -11.12% | -9.66% |
| Income Tax | -3.15M | -1.97M | 19.17M | -6M | 453K | 3.88M | 9.52M | 14.72M | -1.7M | 8.72M | 8.34M | 3.31M | -2.02M | 2.53M | 6.5M | 1.43M | 2.14M | -6.05M | -1.06M | -1.97M |
| Effective Tax Rate % | 19.04% | -31.31% | 46.47% | 69.77% | 12.85% | 16.17% | 24.39% | 31.32% | 6.07% | -44.47% | 34.89% | 31.81% | 28.09% | 48.28% | -53% | -5.07% | -5.36% | 18.93% | 5.26% | 12.57% |
| Net Income | -13.41M | 8.27M | 22.08M | -2.6M | 3.07M | 20.12M | 29.51M | 32.29M | -26.29M | -28.33M | 15.56M | 7.1M | -5.17M | 2.71M | -18.76M | -29.7M | -42.03M | -25.91M | -19.04M | -13.71M |
| Net Margin % | -4.66% | 2.47% | 5.86% | -0.86% | 1.1% | 5.67% | 8.62% | 8.85% | -8.87% | -8.45% | 3.93% | 2.3% | -2.07% | 0.94% | -6.88% | -18.26% | -28% | -15.36% | -10.54% | -8.47% |
| Net Income Growth % | -536.39% | -58.9% | -25.18% | -108.05% | 111.69% | 171.02% | 89.68% | 354.77% | -408.94% | -1145.88% | 182.93% | 123.91% | 87.71% | 110.46% | 1.47% | -116.64% | -1360.42% | -722.34% | -177.73% | -351.54% |
| Net Income (Continuing) | -13.41M | 8.27M | 22.08M | -2.6M | 3.07M | 20.12M | 29.51M | 32.29M | -26.29M | -28.33M | 15.56M | 7.1M | -5.17M | 2.71M | -18.76M | -29.7M | -42.03M | -25.91M | -19.04M | -13.68M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.09 | 0.06 | 0.15 | -0.02 | 0.02 | 0.13 | 0.19 | 0.21 | -0.17 | -0.19 | 0.10 | 0.05 | -0.03 | 0.02 | -0.12 | -0.20 | -0.28 | -0.17 | -0.13 | -0.09 |
| EPS Growth % | -545.54% | -53.85% | -21.05% | -108.33% | 111.88% | 168.42% | 90% | 354.55% | -400% | -1161.45% | 183.33% | 123.1% | 87.86% | 110.53% | 7.69% | -118.82% | -1358.33% | -666.67% | -181.25% | -328.5% |
| EPS (Basic) | -0.09 | 0.06 | 0.15 | -0.02 | 0.02 | 0.13 | 0.19 | 0.21 | -0.17 | -0.19 | 0.10 | 0.05 | -0.03 | 0.02 | -0.12 | -0.20 | -0.28 | -0.17 | -0.13 | -0.09 |
| Diluted Shares Outstanding | 147.16M | 147.15M | 147.7M | 150.54M | 152.17M | 154.25M | 154.85M | 155.02M | 152.37M | 150.58M | 153.62M | 153.4M | 151.76M | 151.43M | 151.33M | 151.21M | 151.14M | 150.17M | 150.09M | 150.03M |
| Basic Shares Outstanding | 147.16M | 146.99M | 146.91M | 149.77M | 151.04M | 151.45M | 151.91M | 152.23M | 152.37M | 150.58M | 150.55M | 150.79M | 151.76M | 151.43M | 151.33M | 148.5M | 150.11M | 150.17M | 146.48M | 150.03M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |