Helix Energy Solutions Group, Inc.

Helix Energy Solutions Group, Inc.

HLXยทNYSE

$9.54

-1.9%
EnergyOil & Gas Equipment & Services

Helix Energy Solutions Group, Inc., an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company operates through three segments: Well Intervention, Robotics, and Production Facilities. It engages in the installation of flowlines, control umbilicals, and manifold assemblies and risers; trenching and burial of pipelines; installation and tie-in of riser and manifold assembly; commissioning, testing, and inspection activities; and provision of cable and umbilical lay, and connection services. The company also provides well intervention, intervention engineering, and production enhancement services; inspection, repair, and maintenance of production structures, trees, jumpers, risers, pipelines, and subsea equipment; and related support services. In addition, it offers reclamation and remediation services; well plug and abandonment services; pipeline abandonment services; and site inspections. Additionally, the company offers oil and natural gas processing facilities and services; and fast response system, as well as site clearance and subsea support services. It serves independent oil and gas producers and suppliers, pipeline transmission companies, renewable energy companies, and offshore engineering and construction firms. The company was formerly known as Cal Dive International, Inc. and changed its name to Helix Energy Solutions Group, Inc. in March 2006. Helix Energy Solutions Group, Inc. was incorporated in 1979 and is headquartered in Houston, Texas.

At a Glance

Live Snapshot
Market Cap$1.41B
EPS0.2100
P/E Ratio45.43
Earnings Date07/22/2026
3Y+48.0%
5Y+76.0%
10Y+165.0%
3Y-135.0%
5Y+39.0%
10Y-138.0%
3Y+168.0%
5Y+38.0%
10Y+253.0%
Helix Energy Solutions Group, Inc.

Helix Energy Solutions Group, Inc. Profit Bridge

HLX ยท NYSE
Revenue1.29B
Cost of Goods Sold (1.13B)
Gross Profit159.14M
Operating Expenses (94.00M)
Operating Income65.14M
Interest Expense (22.78M)
Other Income/Expense-22.66M
Pretax Income42.48M
Income Tax (11.65M)
Net Income30.83M
Net Income
30.83M

Profitability Analysis

Gross Margin

12.3%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

5.0%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

2.4%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

27.4%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

Helix Energy Solutions Group, Inc. Income Statement

HLX โ€ข NYSE

Helix Energy Solutions Group, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
1.3B
1.4B
1.3B
873.1M
674.7M
733.6M
751.9M
739.8M
581.4M
487.6M
695.8M
1.1B
876.6M
846.1M
1.4B
1.2B
1.5B
2.1B
1.8B
1.4B
GROSS PROFIT
(1.1B)
(1.1B)
(1.1B)
(822.5M)
(659.3M)
(653.6M)
(614.1M)
(618.1M)
(519.2M)
(441.1M)
(929.6M)
(763.1M)
(615.9M)
(796.2M)
(1.1B)
(1.2B)
(1.2B)
(1.8B)
(1.3B)
(851.5M)
159.1M
219.6M
200.4M
50.6M
15.4M
79.9M
137.8M
121.7M
62.2M
46.5M
-233.8M
344M
260.7M
49.9M
330.6M
33.7M
243.2M
380.7M
513.8M
515.4M
OPERATING INCOME
(94M)
(92.1M)
(94.4M)
(76.8M)
(63.4M)
(66.9M)
(69.8M)
(70.3M)
(63.3M)
(65.9M)
(57.3M)
(92.5M)
(82.3M)
(94.4M)
(99.6M)
(111.6M)
(130.9M)
(826.2M)
(101M)
(116.8M)
(75.9M)
(91.7M)
(94.4M)
(76.8M)
(63.4M)
(61.1M)
(69.8M)
(70.3M)
(63.3M)
(65.9M)
(57.3M)
(92.5M)
(82.3M)
(94.4M)
(99.6M)
(122.1M)
(130.9M)
(184.7M)
(151.4M)
(119.6M)
65.1M
127.4M
105.9M
-26.1M
-48.1M
13M
-38.8M
51.5M
-1.1M
-63.2M
-307.4M
261.8M
179M
-68.5M
235.5M
-94.7M
203.8M
-445.6M
412.7M
398.6M
PRE-TAX INCOME
(22.8M)
(33.9M)
(21.4M)
(20.2M)
(23.5M)
(29.4M)
(10.9M)
(17M)
(21.4M)
(33.3M)
(29M)
(22.6M)
(34.1M)
(48.7M)
(100M)
(86.7M)
(51.5M)
(81.4M)
(59.4M)
(34.6M)
-22.8M
-22.6M
-17.3M
-19M
-23.2M
-28.5M
-8.3M
-13.8M
-18.8M
-31.2M
-26.9M
-17.9M
-32.9M
-48.2M
-70.2M
-65.6M
-56.7M
-92.4M
0.0
0.0
(18.1M)
(479K)
(0.0)
(0.0)
(0.0)
(5.8M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-625K
(0.0)
(0.0)
(0.0)
(641.5M)
-50.4M
-2.8M
-22.7M
-45.4M
-98.4M
-49M
-22.6M
-11.6M
-2.4M
-20.5M
-19.2M
-30.7M
-170.8M
765K
-20.7M
-57.5M
84.9M
-69.1M
58.2M
-49.4M
112M
206.6M
42.5M
82.1M
7.5M
-75.2M
-70.6M
1.4M
65.6M
31M
-20.4M
-93.9M
-478.2M
262.5M
143.6M
-126M
148M
-163.7M
262M
-495M
524.7M
605.3M
NET INCOME
(11.7M)
(26.4M)
(18.4M)
(12.6M)
-9M
-18.7M
(7.9M)
(2.4M)
-50.4M
-12.5M
-101.2M
(67M)
(31.6M)
-59.2M
(14.9M)
-39.6M
(95.8M)
(90M)
(174.9M)
(257.2M)
30.8M
55.6M
-10.8M
-87.8M
-61.7M
22.2M
57.9M
28.6M
30.1M
-81.4M
-377M
195M
109.9M
-46.3M
130M
-127M
156.1M
-630.8M
320.5M
347.4M

SEC Filings

HLX - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 13, 2026
May 13, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 04, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 24, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 24, 2026
April 22, 2026
2026
8-K

8-K 2026

N/A

April 23, 2026
April 22, 2026
2026
8-K

8-K 2026

N/A

April 23, 2026
April 22, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 01, 2026
May 13, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 24, 2026
February 23, 2026
2026
8-K

8-K 2026

N/A

February 13, 2026
February 13, 2026
2026
Showing 1 to 10 of 523 filings